Abstract:
In today’s competitive world, business is forced to
continuously innovate and adopt new business models to survive,
compete and get an extra edge over others. From IT perspective, it
is a big challenge to enable the organization to achieve and sustain
the business model innovations economically. Many large
enterprises believe and visualize Service-Oriented Architecture
(SOA) as a key IT enabler to address the business challenge. As
more and more enterprises adopt SOA, with wider spread of SOA
implementation across businesses, there will be again a strong need
for business innovation. It will demand Dynamic Integration of
Services and Runtime Optimization of Business Processes to
realize additional business value of IT systems. Semantic SOA is
about applying ontology to the SOA implementation, which
empowers enterprises with Automatic Service Discovery, Dynamic
Integration, and Runtime Process Optimization and Correction
capabilities.
