{"id":4788,"date":"2022-09-20T16:45:22","date_gmt":"2022-09-20T14:45:22","guid":{"rendered":"https:\/\/equinoxgroup.eu\/?p=4788"},"modified":"2022-12-31T02:37:17","modified_gmt":"2022-12-31T01:37:17","slug":"ai-imperative-how-to-build-an-ontology","status":"publish","type":"post","link":"https:\/\/equinoxgroup.eu\/ai-imperative-how-to-build-an-ontology\/","title":{"rendered":"How to Build an Ontology"},"content":{"rendered":"<p>[vc_row][vc_column width=&#8221;3\/4&#8243;][stm_post_details][vc_row_inner css=&#8221;.vc_custom_1625296361064{margin-right: 40px !important;background-color: #f2f4fa !important;}&#8221;][vc_column_inner width=&#8221;2\/3&#8243; css=&#8221;.vc_custom_1625296591748{margin-top: 30px !important;}&#8221;]<div class=\"audioplayer-tobe  playerid-4794 ap_idx_4788_1 is-single-player apconfig-default-settings-for-zoomsounds button-aspect-noir  skin-wave  ap4794 auto-init\"  data-options='{\"skinwave_comments_playerid\":4794,\"design_skin\":\"skin-wave\",\"disable_scrubbar\":\"off\",\"skinwave_enablereflect\":\"on\",\"skinwave_wave_mode_canvas_waves_number\":\"3\",\"skinwave_wave_mode_canvas_waves_padding\":\"1\",\"skinwave_wave_mode_canvas_reflection_size\":\"0.25\",\"cue\":\"auto\",\"embedded\":\"off\",\"mobile_disable_fakeplayer\":\"on\",\"settings_php_handler\":\"wpdefault\"}' style=\" opacity: 0; 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css=&#8221;.vc_custom_1625441376387{margin-left: 40px !important;border-right-width: 10px !important;border-left-width: 10px !important;padding-top: 30px !important;padding-bottom: 30px !important;background: #153e4d url(https:\/\/equinoxgroup.eu\/wp-content\/uploads\/2021\/06\/Website-Narration.jpg?id=4189) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_custom_heading icon=&#8221;fas fa-assistive-listening-systems&#8221; icon_size=&#8221;40&#8243; stm_title_font_weight=&#8221;700&#8243; text=&#8221;&#8221; font_container=&#8221;tag:h2|font_size:40|text_align:left|color:%23153e4d|line_height:0.8&#8243; use_theme_fonts=&#8221;yes&#8221; css_animation=&#8221;none&#8221; subtitle=&#8221;Prefer to listen?&#8221; subtitle_color=&#8221;#ffffff&#8221;][vc_empty_space height=&#8221;20px&#8221;][vc_column_text]<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #ffffff; font-size: 12pt; text-align: justify;\">If you prefer to listen to, instead of reading the text on this page, all you need to do is to put your device sound on, hit the play button on the left,\u00a0 sit back, relax and leave everything else to us.<\/span><\/p>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space][vc_custom_heading icon=&#8221;fas fa-project-diagram&#8221; icon_size=&#8221;40&#8243; stm_title_font_weight=&#8221;700&#8243; text=&#8221;How to Build an Ontology&#8221; font_container=&#8221;tag:h2|font_size:24|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221;][vc_column_text css=&#8221;.vc_custom_1663710911154{margin-top: 30px !important;}&#8221;]<\/p>\n<p style=\"text-align: justify;\">As you might expect, building an ontology that will make sense of all the data in your firm is a not only a difficult task but a Herculean one. Here are the crucial phases, based on the advisory work we have undertaken to go through the procedure:<\/p>\n<p>[\/vc_column_text][info_list font_size_icon=&#8221;24&#8243; eg_br_style=&#8221;dotted&#8221; eg_br_width=&#8221;1&#8243; connector_animation=&#8221;fadeInUp&#8221;][info_list_item list_title=&#8221;1. Determine data pain points first.&#8221; list_icon=&#8221;Defaults-database&#8221; animation=&#8221;fadeInDown&#8221;]<\/p>\n<p style=\"text-align: justify;\">Examine any areas where information issues and bottlenecks are hindering corporate functionality and then look for the underlying causality issues. This clarifies how resolving the larger data architecture issue might result in significant business advantages, even without AI. The data ontology should serve as the basis for understanding and addressing these issues, as it provides a comprehensive and structured view of the data and its relationships within the organisation.<\/p>\n<p>[\/info_list_item][info_list_item list_title=&#8221;2. Develop solutions based on root causes.&#8221; list_icon=&#8221;Defaults-cogs gears&#8221; animation=&#8221;fadeInDown&#8221;]<\/p>\n<p style=\"text-align: justify;\">Start imagining what a potential solution would look and start with improving the processes that will have the biggest impact on the organisation if they are carried out properly.<\/p>\n<p>[\/info_list_item][info_list_item list_title=&#8221;3. Comprehend the use cases.&#8221; list_icon=&#8221;Defaults-wechat weixin&#8221; animation=&#8221;fadeInDown&#8221;]<\/p>\n<p style=\"text-align: justify;\">Think about who will benefit from each solution: customer service representatives, product engineers, users of an e-commerce website, etc. and precisely what duties it will enable them to complete more quickly or more consistently. Develop a model of what the person has to accomplish to attain their desired result, then test it out on real employees performing their duties. Find out how they would define the perfect solution, and then compare how they would describe it to how other employees in different jobs would describe challenges of a similar nature. These solutions are unified by the ontology, which serves as a representation of what counts within the organisation and what makes it distinctive, making them so much more than simple quick fixes that will soon become obsolete.<\/p>\n<p>[\/info_list_item][info_list_item list_title=&#8221;4. Establish the guiding principles of the ontology.&#8221; list_icon=&#8221;Defaults-compass&#8221; animation=&#8221;fadeInDown&#8221;]<\/p>\n<p style=\"text-align: justify;\">This is the ontology&#8217;s core concept. You can start to plan out the specifics of how to arrange and categorise the data you have so that it becomes a part of the solutions you are developing after you have a good understanding of how people are utilising the information. It becomes a crucial component of the answer to the information issue of today, as well as the problems that come after that. Remember that the ontology is a living, breathing thing that is always changing as goods, services, markets, rivals, and consumer demands change themselves. A purposeful process of updating the ontology will keep it current and useful. It&#8217;s becoming more and more obvious that AI will be handling many of these issues in the future.<\/p>\n<p>[\/info_list_item][\/info_list][ult_dualbutton button1_text=&#8221;Previous Insight Section&#8221; icon_link=&#8221;url:https%3A%2F%2Fequinoxgroup.eu%2Fai-insights-setting-up-your-ai-pilot-project-for-success%2F&#8221; btn1_background_color=&#8221;#ffffff&#8221; btn1_bghovercolor=&#8221;#0f6dbf&#8221; icon=&#8221;Defaults-arrow-left&#8221; icon_size=&#8221;26&#8243; icon_color=&#8221;#eeee22&#8243; icon_hover_color=&#8221;#ffffff&#8221; button2_text=&#8221;Next Insight Section&#8221; btn_icon_link=&#8221;url:https%3A%2F%2Fequinoxgroup.eu%2Fai-imperative-ai-doesnt-just-scale-solutions-it-also-scales-risk%2F&#8221; btn2_background_color=&#8221;#ffffff&#8221; btn2_bghovercolor=&#8221;#0f6dbf&#8221; btn_icon=&#8221;Defaults-arrow-right&#8221; btn_icon_size=&#8221;26&#8243; btn_icon_color=&#8221;#eeee22&#8243; btn_iconhover_color=&#8221;#ffffff&#8221; divider_style=&#8221;icon&#8221; divider_text_color=&#8221;#ffffff&#8221; divider_bg_color=&#8221;#0f6dbf&#8221; divider_icon=&#8221;Defaults-compass&#8221; divider_border_style=&#8221;solid&#8221; btn1_text_hovercolor=&#8221;#ffffff&#8221; btn2_text_hovercolor=&#8221;#ffffff&#8221; title_font_size=&#8221;desktop:16px;&#8221; title_line_ht=&#8221;desktop:16px;&#8221;][vc_separator color=&#8221;custom&#8221; border_width=&#8221;3&#8243; accent_color=&#8221;#fde952&#8243;][vc_custom_heading icon=&#8221;fas fa-book-open&#8221; icon_size=&#8221;40&#8243; stm_title_font_weight=&#8221;700&#8243; text=&#8221;Most Recent Insights&#8221; font_container=&#8221;tag:h2|font_size:24|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221;][vc_empty_space height=&#8221;24&#8243;][stm_news loop=&#8221;size:3|order_by:date|order:DESC|post_type:post|categories:250&#8243; view_style=&#8221;style_5&#8243;][\/vc_column][vc_column width=&#8221;1\/4&#8243;][ult_sticky_section sticky_gutter=&#8221;-18&#8243;][stm_sidebar sidebar=&#8221;4656&#8243;][\/ult_sticky_section][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1621792553106{margin-top: 40px !important;margin-bottom: -60px !important;}&#8221; el_class=&#8221;third_bg_color&#8221;][vc_column][vc_cta h2=&#8221;Do you believe that AI can be of help to your organisation?&#8221; h2_font_container=&#8221;tag:h2|font_size:20|text_align:left|line_height:2&#8243; h2_use_theme_fonts=&#8221;yes&#8221; h4=&#8221;At Algorithmic BrAIn, one of the Equinox Group companies, we have developed a comprehensive staged checklist to ensure that you leave no one of your important considerations out when planning your AI journey. We\u2019d love to be able to help you get this right and if you think we can help you in this, we\u2019d be thrilled to hear from you.&#8221; h4_font_container=&#8221;tag:div|font_size:14|text_align:justify|color:%2317669b|line_height:1.2&#8243; h4_use_theme_fonts=&#8221;yes&#8221; shape=&#8221;square&#8221; style=&#8221;flat&#8221; add_button=&#8221;right&#8221; btn_title=&#8221;drop us a line&#8221; btn_style=&#8221;flat&#8221; btn_color=&#8221;theme_style_2&#8243; btn_align=&#8221;right&#8221; btn_i_align=&#8221;right&#8221; btn_i_icon_fontawesome=&#8221;far fa-envelope&#8221; particles=&#8221;yes&#8221; use_custom_fonts_h2=&#8221;true&#8221; use_custom_fonts_h4=&#8221;true&#8221; btn_add_icon=&#8221;true&#8221; btn_link=&#8221;url:mailto%3A%20info%40equinoxacademy.com|title:Send%20us%20an%20email&#8221; el_class=&#8221;third_bg_color&#8221;][\/vc_cta][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column 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