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The Importance of Taxonomies and Ontologies in Enhancing Large Language Models for Job and Candidate Matching

Large Language Models (LLMs), such as OpenAI’s GPT-4, have made significant strides in natural language processing and understanding, offering unprecedented capabilities in parsing, analyzing, and generating human-like text. However, despite their impressive feats, LLMs often fall short of accurately matching candidates to jobs. This shortfall can be attributed to the lack of domain-specific understanding and […]

Streamlining Digital Reporting with GRI’s New Taxonomy

A global consultation is underway to gather views on GRI’s planned new sustainability reporting taxonomy. Consisting of a digital, structured framework for using the GRI Standards, it will enable companies to organize and classify their disclosures and standards-related information. The public comment period is active until 11 August 2024. Digital tools are increasingly important in […]

Semantic Search: The Next Big Thing in Search Engine Technology

In language, the definition of semantics is related to linguistic meaning. So in terms of search, a semantic search engine is doing a study of meaning, focusing on the meanings of search terms being entered. Essentially, semantic search works by drawing links between words and phrases; it’s able to interpret digital content in a more […]

EU Taxonomy Compliance: How to Prepare & Key Dates

The EU taxonomy forms the backbone of the EU’s sustainable finance strategy, acting as a vital tool for enhancing market transparency. Its primary role is to guide investments towards key economic activities necessary for the transition to sustainability, aligning with the goals of the European Green Deal. Essentially, this taxonomy is a detailed classification system […]

NIIMBL and OAGi Partner to Create Open-Source Ontologies for Biopharmaceutical Manufacturing

The National Institute for Innovation in Manufacturing Biopharmaceuticals (NIIMBL) transitioned biopharmaceutical manufacturing ontologies to The Open Applications Group (OAGi), facilitating an open-source development approach. This move aims to expand industry involvement and standardize processes, thereby increasing the collective benefits for the biopharmaceutical field. Ontologies serve as structured models used by domain experts to define data […]

Introduction to Ontologies in the GenAI World

In the rapidly evolving landscape of artificial intelligence (AI), ontologies are emerging as a critical component, especially as we integrate Large Language Models (LLMs) into various applications. An ontology is a structured framework that defines a set of concepts and the relationships between them within a particular domain. It serves as a formal representation of […]

SNOMED & UICC Strike Collaboration to Integrate Tumour, Node, Metastasis Classification of Malignant Tumours in SNOMED

SNOMED International and the Union for International Cancer Control (UICC) signed a collaboration agreement that will enable the integration of the Tumour, Node, Metastasis (TMN) Classification of Malignant Tumours into SNOMED CT. The TMN Classification, which the UICC manages and publishes, is a globally recognized standard for classifying the extent and spread of cancer. SNOMED […]

Transforming Cities into Smart Cities: The Power of AI and Data Ontology

The concept of Smart Cities is no longer a distant dream, but an achievable reality. At the heart of this transformation lies Artificial Intelligence (AI), a powerful tool that can help cities become more efficient, sustainable, and livable. Data ontology is a crucial component of AI systems, allowing them to integrate and understand data from […]

Contextualize Your Business Data with Content Orchestration Techniques

One of the major issues enterprises have is tapping into business information that’s trapped in many different siloed applications. Customer data platforms (CDPs) are supposed to unify structured data about customers from several siloed applications and make that information accessible to a broad range of users. However, textual content, because it behaves differently in digital […]

Bridging borders: Fostering taxonomy alignment between Australia and Indonesia

Sustainable Finance taxonomies are increasingly seen as crucial frameworks to both increase consistency around how sustainability credentials of assets and portfolios are assessed and measured across the finance sector, and to mobilize capital flows towards sustainability activities and assets. Given that capital markets are global, international alignment between sustainable finance taxonomies in different jurisdictions is […]