Why Knowledge Modeling is Important for Business and for a Danish Terminology and Knowledge Bank

Businesses and organizations, including public authorities, have a growing need for organizing and handling large amounts of data. In order to manage complex knowledge, knowledge must be modeled and structured. One very powerful method used for structuring knowledge is the use of ontologies. Businesses and organizations need efficient tools for building domain-specific ontologies and systems for managing knowledge. Most medium-sized and large Danish businesses and organizations operate in a bilingual or multilingual environment, where knowledge is transferred and stored in Danish and/or English, and possibly other languages, so information must be freely retrievable and communicable in several languages. In this paper I will give examples of why knowledge modeling is important for businesses, and why knowledge modeling is a central part of the DanTermBank project, the aim of which is to lay the foundation for a national terminology and knowledge bank. Furthermore, I will briefly introduce our plans for teaching within the field of knowledge modeling at Copenhagen Business School, CBS.