What is an instance depends on how you define a taxonomy. We start by analyzing our client’s information-filing models, searching behaviors, and search preferences. An ontology is defined as a namespace, and terms are described as elements of that namespace. • Each thing is defined by what facts distinguish it ... • An ontology is not another sort of data model – It does not replace or displace messaging standards, During taxonomy development, we use a combination of both automated and human taxonomy development approaches. Step 1 Define the Use Case. RDF and OWL are defined as tags in XML Schemas. It is used for classifying and reasoning. The definitions given below will be followed in this paper. XML schema is an alternative to DTDs. taxonomy Edit,extend & curate taxonomy Extend schema, apply ontologies, use SKOS-XL Link and map between taxonomies and LD graphs - Taxonomy Editing - Collaborative workflows - Free term extraction - Tag recommender - Quality Checker - Reuse of existing vocabularies - Corpus Analysis - Excel import - XML import - Linked data harvester your CMS The DBpedia Ontology is a shallow, cross-domain ontology, which has been manually created based on the most commonly used infoboxes within Wikipedia. Think of it like an XML schema as used in XML documents and web pages. • Taxonomy: Like Taxonomy of Species – Animal v Plant – Vertebrate v invertebrate – Mammals, fish etc. This language creates ontology relationships among terms defined within the Resource Description Framework (RDF Schema, reference 3) taxonomy standard. Using this method of ontology creation, we need to begin with an existing taxonomy that describes the domain in question. An ontology is a powerful tool that can accomplish many diverse goals. Taxonomy A taxonomy schema is a logical model that describes and delineates financial reporting concepts. Having an Enterprise Ontology provides a unifying whole that makes system integration bearable. The taxonomy schema is a mandatory component of the taxonomy document and must be a valid XML schema document. Conversely, the term 'ontology' is taken to describe more complex models, written in more expressive languages (OWL, DAML+OIL, Ontolingua, KIF, etc). taxonomy schema) and a collection of associated linkbases. The terms "Taxonomy" and "Ontology" are used with varying definitions across the industry. There is a school of thought that considers ontologies to contain rule-based knowledge in addition to a relational characterisation, but this is far less prevalent in the SW community than elsewhere. More specifically, the taxonomy document consists of an XML schema (a.k.a. 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