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The growth of the Internet has ensured
connectivity throughout the PLM value chain, i.e., right information
may be available at the right time. Yet, conservative estimates
in a study for the National Institute of Standards and Technology
(NIST) suggest that imperfect interoperability costs at least 1
billion dollars per year to the United States Automotive Supply
Chain. The inability to use translated product information is mainly
because its semantics is lost during the translation to a new domain.
Similar impact of the lack of interoperability is documented for
the Aerospace and Shipbuilding industries in a follow-up study.
This becomes even more important
in the context of increasing and changing capabilities (evolving
semantics) of existing systems in distributed and global product
development. The question now is not whether enterprises will continue
to globalize and expand, but how to manage the process to the best
advantage of the huge number of industries that have several billions
of dollars at stake.
In our research, we focus on issues
in capturing the product data semantics and enabling semantic integration
of disparate information resources throughout the product lifecycle.
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