Library
Presentation Laces Ontology Manager
Understand the capabilities of our Laces Ontology Manager in just a few minutes. This video walks you through the features and benefits of the all-in-one solution for creating, structuring, and navigating your ontologies. Key Learnings: Watch our Presentation: Are you ready to take the next step? Ready to see how the Laces Ontology Manager can […]
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5 Use Cases Of Laces Ontology Manager
Organizations in the built environment are constantly exploring the potential of automation for reducing costs and increasing productivity. One of the recent developments is that organizations are leveraging an ontology to streamline operations and improve efficiency. Such ontologies are rapidly becoming foundational in enabling informed decisions in the modern business landscape. Ontologies are formal representations […]
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3 Benefits of Reusing Your OTL Content
If you work in asset management, infrastructure, or the process industry, you have likely come across the term Object Type Library (OTL). An OTL defines types of objects, their characteristics, attributes, and relationships with other concepts, creating a shared language for exchanging information within a specific ecosystem. Still new to OTL’s and how they work? […]
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What is the difference between Ontologies and Object Type Libraries (OTLs)
In today’s data-rich environments, organizations face growing pressure to improve their information management and data exchange. Two essential concepts that support this are Ontologies and Object Type Libraries (OTLs). Both are foundational to structuring and standardizing data. While they have different emphases, they are not opposites. Instead, they often work hand-in-hand. Understanding their roles and […]
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Why to use Laces for Structuring Data
While structured data has formats that are easier for machines and humans to access, up to 80% of the world’s data is, according to the International Data Cooperation (IDC), still unstructured and captured in plain documents, like text files and spreadsheets. The ability to interpret vast amounts of information and make it meaningful and, therefore, […]
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What is Master Data, and Why is the Need to Manage It Growing?
Master Data is a authoritative source of common data that is distributed across communities and their applications. It provides the background for transactional data about physical assets and serves as the foundation for the information necessary to run a business […]
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Avoiding Pitfalls for an Object Type Library (OTL)
An Object Type Library (OTL) is a standardized framework that improves communication between different parties and their software systems, making data exchange easier. While there are many benefits, you need to model an OTL correctly to use them for their intended purpose. This requires the right people, tools, and resources. This article discusses pitfalls that […]
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What’s new in the Laces Apps (March 2024)
The March Laces Apps release is here: version 12.0! This month, we’ve introduced three changes in the new version of the Laces Apps. Beyond constantly improving Laces in its functionality and scope, these three updates are based on user feedback. This time, we’ve been working on improving features like importing remote source links to your […]
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The value of an Object Type Library explained
Business success depends heavily on the ability to interpret large amounts of data and effectively use it. The first step towards this is about accessing ‘structured data’. However, since businesses and their software usually communicate as isolated islands, information is difficult to (re)use and exchange. An Object Type Library (OTL), also known as Reference Data Library […]
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What is a Knowledge Graph?
Nowadays, the term ‘knowledge graph’ is used by many in many different ways. To make things worse, there are all sorts of associated terms to describe the concept, like ontology, property graph, and semantic networks or nets. A commonality is that knowledge graphs have to do with structured data and the specific structure of graphs. […]
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