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Semantic's Role in Making Government Data TransparentMar 20, 2009, 05:32 (0 Talkback[s])
(Other stories by Jennifer Zaino)
[ Thanks to Tom Dunlap for this link. ]
"And, when it comes to providing data in an open and standardized manner so that citizens and agencies can mine it, make comparisons, and perform analytics across government sectors, the semantic web needs XML and specifically XBRL for financial data, says Diane Mueller, vice chair, XBRL International Steering Committee and VP, XBRL Development, at JustSystems. XBRL provides the layer and the foundation that lets all parties map to a shared taxonomy standard, so that disparate sources of financial data can be mapped against each other without human intervention. ""The whole possibility of all the mash-ups you can do from all this data and create interesting new knowledge is pretty phenomenal, and applications we can’t even imagine yet will be created," Mueller says.
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