Ontologies provide semantic context.
Identifying entities in unstructured text is a picture only half complete. Ontology models complete the picture by showing how these entities relate to other entities, whether in the document or in the wider world.
I realize that this sentence is really marked up and there’s arrows and red text going all over the place. So let’s examine this closely. We’ve only recognized (e.g. annotated) two words in this entire sentence: William Shakespeare as a Playwright and Hamlet as a Play. But look at... [More]