Abstract:
One of the essential requirements in electronic business is to
exchange
business information between agreed business partners. However discovering
suitable partner(s) and establishing collaboration with these partners
is a problem faced by many current e-commerce infrastructure models.
Therefore effective implementation of a strategic B2B communication
between business partners by proposing a feasible solution to overcome
existing concerns/problems is one of the main objectives that we
need to address in order to develop the existing Info-Structure concept.
In this research paper we are proposing how we can improve the storage
of business domain knowledge and effective searching of business
services stored in registries utilizing the implementation of Ontologies.
We have selected \“IT Outsource\” as our example Ontology
which helps IT companies engaged in outsourcing to setup their business
repositories in an effective manner. Therefore within a short period
of time customers can effectively search business services advertised
in these registries.