Comments (2,588) Besides official Value-it documents, Value-it team has done an intense dissemination activity. We have uploaded some OVUM and Telefonica pieces ellaborated for Value-it. Some of them have been announced in this blog, in other cases this is the first time they are available in this site.
You can access here:
Enjoy them
One of the most important consequences of Information Society’s development in the late years is the almost exponential growth of digital information. Growth in the number of ICT users, the fact that it is so easy to digitise information, the new trends such as Web 2.0 where each user adopts the role of content Publisher, … have taken us to a situation where information has ceased to be a precious scarce resource.
Semantic technologies have an important say to try to put some light into this situation. Undoubtely Information Management has been pointed in Value-it as a main driver of semantic technologies within the companies. The IT magazines Upgrade (The European Journal for the Informatic Professional), and Novática (The spanish version) has published one article carried out by value-it team. These results come from 700 interviews to IT specialists from different industrial sectors, both face to face and by telephone and the experiment done for Value-it with Telefónica bank of ideas.
You can get the piece in pdf format in this links
I hope you enjoy it, and please comments are wellcome
Undoubtedly the final value-it roadmap of STE is one of the most relevant project outputs. We can find analysis about STE from the point of the demand, and from the point of view of the offer, but not about how to connect offer and demand. This document tries to bridge this important gap and try to near this two worlds.
The document includes an in-depth study of STE taxonomy from the point of view of demand, factors that condition the market of STE, a mapping for several vertical sectors about where Semantic Technologies can be more feasible to be used, an analysis of STE suppliers that can offer solutions taking into account the prior taxonomy, figures about the potential STE market…
For more information please, stay tuned.
A new document with a nice collection of Use Cases elaborated by value-it team will be published soon. This document will be a relevant collection of use cases related to application of semantic technologies.
It will include real examples, and other that are not mature yet. All of them will be segmented by vertical sector and by area of application. They are based on real applications of partners, value-it analysis, and value-it interviews.
Please stay tuned because document will be accessible for all and free, soon.
During June month news and movements related to semantic technologies have continued gaining pace, perhaps as a prelude of a successful SemTech conference (we will not include SemTech news in this post as it has just started) .
Advertisement is getting momentum as an area where Semantic Technologies have an important say. During this month Crystal has announced that will be focused on licensing its Semantic Advertising Technology and Admeld And Peer39 formed an alliance.
Editorial industry is relying on semantic technologies to manage information, too. Thus, Elsvier has adquired semantic technology provider Collexis Holdings, and in the field of 2.0 applications, Huffington Post bought Adaptive Semantics to keep up with 100,000 comments a day
As technological innovation, it must be highlighted the launching of AllegroGraph 4.0, the first Native RDF database in the industry by Franz
Other relevant announcements have been: Experts System adopts COGITO(R) Monitor Platform to Semantically Search and Analyze Online Sentiment, the startup Primal that is taking the approach of trying to understand the actual meaning of a user’s commands to create a webpage that contains the exact information he is looking for, TechAmerica will try Monster’s Semantic 6Sense Search Technology in its hiring process. or that Yummly Launches World’s First Semantic Search Platform for Food and Recipes
Very fascinating is the initiative from Expert System to create a semantic valley consortium in Italy to promote Semantic Technologies. Some time will be required to know if this proposal will be followed by others
The interest and trust in Semantic Technologies can be seen in the fact that startups focused on these technologies are getting funding, for instance Inform Technologies (dedicated to semantic search) has risen 4$ million from VC, and wordster (that tries to provide the correct meaning of a word based on the context) one million.
There are some curious news as an article claiming that Semantic Technologies could have prevented the BP oil disaster. And some good articles of dissemination and analysis of Semantic Technologies: How Semantic Technology Can Help Real-World IT or, Toward the Semantic Web
More activity related to semantic technologies continued during May month. In the field of new usages of Semantic Technologies we can hightlight some relevant facts, as Jini is building a smart ‘Taste Engine’ for Google TV, U.S. Defense intelligence Agency selected Inttensity software for text extraction solution for mission related work, Thomson Reuters has added financial video service, or the semantic application to take notes: Springpad
There were too some curious applications that added the funny point to the utilization of semantic technologies, for instance, Semantic Experts from EffectiveSoft analyzed lyrics of Eurovision song contest 2010,or that IdolStats successfully predicted american idol cast off through social media monitoring.
As in prior months, search applications continued playing an important role in Semantic developments, in this area Exalead has adviced travel websites about the huge possibilities of semantic technologies to offer personalized services to users.
The Data.gov, as happens with other Open Data innitiatives is seen as a source of possibilities for semantic technologies as depicted in this article, and SemTech as it ocurred in previous years , is raising a lot of interest and lots of mentions in media as its date is getting closer.
Other aspect to catch the level of Semantic Technologies interest, is that VC continue fundraising companies in Semantic Technologies areas , for example Saplo has raisen 500K$ for semantic text analsyis from VC, and Similar Changes has shifted its name to Similar Groups and raised more funding.
Other movements in Semantic sectors are that CEO Matt Zelesko (former Joost CEO) joined Inform Technologies as CTO, OpenAmplify bolstered leadership position in semantic web with additional patents, and Evri, that absorbed Twine, went Mobile for tech news on Android Phones.
Finally an interesting article to read about Enterprise 3.0
A new month and a new post about Semantic Technologies news. The most outstanding fact during this period has been the acquisition of Siri by Apple. As you all know, Siri is a Personal Virtual Assistant that had raised lot of buzz during this last year, mainly after its presentation in SemTech 2009. Now Apple has done a bet on its technology to improve the iPhone usability, including intelligence reasoning and the excellent voice recognition capabilities from Siri. In some months we will see the reach of this movement.
Social media trend continues as the great opportunity for Semantic providers, this has been the case of Attensity that has acquired social media monitoring solution provider Biz360 to offer new solutions in this field. Other company, Glue, a social browsing assistant that shows ratings and recommendations of movies, books, restaurants, stocks, and other things as you surf the Web (via a browser plug-in), has launched new personalization features that use your past “likes” in facebook to help you pick your next favorite movie, album or book.
Related to media companies, the Chicago Tribune Media Group announced a partnership with LOUD3R, a real-time content discovery publishing platform, to power its Chicago-area blog network.
SemTech 2010 is getting closer and we begin to know more about what themes will be “hot” in this edition, for example “Marketing and advertising on the semantic web” or XBRL
Other area where semantic is playing an important role is that of advertising, Peer 39 is the company best positioned in this field, though others are working on it, for instance the start up Kehalim .
Research field is another field where semantics are very feasible to be used, it is very common to hear about developments in this area. This month North Carolina Research Community has given this step selecting Collexis Holdings, Inc., a leading developer of semantic technology and knowledge discovery software, to link its community of 5.000 researchers. Nasa has announced too, an incursion in the semantic search realm with an internal solution that enables employees to search more than 50 years of information related to its manned space-flight program. Other relevant announcement is the commercial version of the semantic software solution Intellexer Categorizer 1.2 from EffectiveSoft for document sorting and categorization.
The analysis carried out by Richard MacManus and published in Readwriteweb about the performance of linked data called “Modigliani test” is a “must read”. The conclusion is that: “there is still a lot of work to be done, because we cannot expect wide usage and interest in the Semantic Web if writing such a query takes more than an hour and a lot of technical knowledge”. It is very interesting too this analysis about the role of metadata in integration.
Value-it preliminary results
Value-it analysis about semantic technologies detects a big need of IT applications more intelligent in companies in order to take advantage of new IT trends as Web 2.0 or Cloud Computing. This need of “smarter” applications sometimes is not seen by companies as a stake on Semantic Technologies. The cause of this, is that Semantics are usually not sold by they own, but they are included in other applications more traditional, so the user company sometimes don’t know that the improvement in efficiency and new marvelous features have a semantic technologies hide the depth.
The next figue shows how most companies have implemented and considered very important some functions and applications (mainly interoperability, and ability to search and link information) very related with intelligence
Source: Value-it
Nevertheless, when we ask those people if they are thinking of technologies related with semantic technologies, most of them answer “NO”. (here we have included NLP, because though is not a semantic technology, sometimes it has a strong relation) and only in the ITC sector the affirmative answers reach the 25%
Source: Value-it
For this reason I think that there is still an activity to do related with the dissemination and promotion of Semantic Technologies, mainly amongst the IT technicians, that are finally who are going to buy these technologies.
For more information you can visit value-it site
Value-it preliminary results
We have stated in a previous post that Semantic technologies will have a say in the next years in the IT world, and the market will be tempting for lot of companies.
Aggregated numbers are useful, but sometimes it could be interesting for suppliers a breakdown in vertical sectors in order to help them to direct efforts.
Value-it project has used a segmentation of the market by vertical sectors in its analysis, so it can offer a forecast using this variable.
According to this analysis, as it is shown in figure, the market will be very distributed among all sectors and not concentrated in one or two.
Source: Provisional estimate of product market potential. OVUM. Datamonitor
According to these data, manufacturing will be the most outstanding area for semantics, as manufacturing is a big, diverse and complex sector, that includes establishments engaged in the mechanical, physical and chemical transformation of materials, substances, or components into new products. For that reason is a sector with lots of necessities, the three most important in which semantics can help for people interviewed and that can act as drivers are “Conceptual applications”, “Knowledge Sharing”, and “Data and process Integration”. About the areas more suitable for semantics, in this sector “Product lifecycle” is much more important than in any other, because of the complexity involved in managing so wide range of products.
For more information about semantic technologies forecasts in this sector or others you can visit value-it site
Value-it preliminary results
In this and the few next posts we are going to show data obtained in Value-it project. These results have been got from a market research that includes 50 in-depth interviews and a poll carried out at the end of 2009 to 625 directors, managers and people involved in the process of IT decision making. The analysis covers different vertical sectors and different countries in Europe.
In general, it has been detected a big necessity of IT applications more intelligent in order to face the new challenges to come: cloud computing, social networks…
Nevertheless, semantic technologies are not expected to be commercialized in a standalone way. They will be bundled enriching traditional applications giving them a kind of intelligence. For this reason a killer application is not waited, nor an exponential increase of Semantic Technologies market in Europe.
As showed in the next figure, a continuos increment it is expected for the next 5 years, surpassing the 700 Millions of euros in the year 2014 in Europe.
Source: Provisional estimate of product market potential. OVUM. Datamonitor
About the functions more feasible to adopt these technologies, CRM and Enterprise Management are the main two areas enhancing Semantic Technologies market. On the other side, Supply Chain Management and process integration will play a residual role in all this evolution.
Source: Provisional estimate of product market potential. OVUM. Datamonitor
Though this data are not as spectacular are others showed in IT market (cloud computing…) what it is clear is that there is an important market that IT companies should consider.
For more information you can visit value-it site
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