The Business Registries are one of the key elements in the
Business
    to Business (B2B) transaction process in e-Commerce. It acts as knowledge
    centers by offering services to different business parties to collaborate
    their business processes in an effective manner. Currently it is
    challenging to extract accurate information needed by a business
    party who is querying a registry on a particular industrial domain
    due to its inability to store business specific domain information
    effectively.
   
    In this research paper we show how we improved the storage of a business
    domain specific knowledge by utilizing the implementation of Ontologies.
    For this we have selected \“IT Outsource\” as our reference
    implementation Ontology, which helps IT companies engaged in outsourcing
    business to setup their business repositories in an effective manner.
   
    Once Ontology is represented in the Business Registry, business parties
    could to automate their search process by using Ontology based querying
    and automating Agent based search