A Need for Business Assessment of Semantic Web Services' Applications in Enterprises

Enterprises today face ever increasing pressure to innovate, deliver more value to their customers, decrease costs and shorten product time-tomarket etc. The solution to these problems may be application of the SOA paradigm along with the SWS technology. Most of the on-going projects on SOA and SWS focus mainly on the technical aspects. However, the need appears to assess and quantify the business aspects of application of the SWSbased solutions. This position paper elaborates shortly on the motivation and requirements that need to be met in order to supplement the existing SWS technology stack with a business perspective.