Abstract
An Ontology defines a common vocabulary across diverse platforms, supporting machine-interpretable semantics of the domain concepts along with associated relations. Ontologies support the definitions of a class which defines concepts in a domain and exist as the central focus. Proprietary Ontologies allow for internally developed machine-usable content to be leveraged for greater purpose. In this context, Industrial Ontologies can be considered first and foremost, an integration technology, supporting connections between any number of disparate data sources. By this application, it is possible to leverage proprietary and public ontologies thus supporting a Federated Ontology. This paper explores the current methods and technologies of federated Ontologies. To this goal, we summarize the current state of publically available ontologies examining how they are currently utilized, their application challenges and a realistic assessment of their potential.
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