Abstract
W3C's Semantic Web intents a common framework that allows data to be shared and reused across application and enterprise. The semantic web and its related technologies are the main directions of future web development where machine-processable information which supports user tasks. Ontologies are playing the vital role in Semantic Web. Researches on Ontology engineering had pointed out that an effective ontology application development methodology with integrated tool support is a mandatory for its success. . Potential benefits are there to ontology engineering in making the toolset of Model Driven Architecture applicable to ontology modeling. Since Software and Ontology engineering are two complimentary branches, the scope of extension of well proven methodologies and UML based modeling approaches used in software engineering to ontology engineering will bridge the gap between the engineering branches. This research paper is an attempt to suggest an exclusive methodology for ontology development from existing matured software engineering methodologies with UML modeling tool integration.
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