Model-driven business transformation and the Semantic Web

Abstract

The model-driven business transformation approach proposes a new business method and the supporting technology by coupling business and IT models. It provides a top-down business perspective that enforces a business-oriented business transformation. It has the potential to provide a number of benefits over the traditional technology-oriented approach, including business-IT alignment, reasoning about business design and transformation, real-time visibility into business operation, improved business performance management, rapid and repeatable IT solution implementation, and adaptive IT solution implementation. The Semantic Web technology is an enabler to fulfill the modeling requirements in representation and enforcement of the semantics of the multilayered model. It poses a key enabling technology for the emerging service science, which will meld technology with an understanding of business processes and organization.