Business Process Ontology

1. The most significant issue of requirements engineering still is getting requirements right and then transforming them without information loss into a semantically rich specification, from which various types of software artifacts can be drived.
2. From an organizational perspective, the issue is to make non-IT domain experts understand each other by speaking the same language.
3. The quality of business process ontology is the result of fulfilling stakeholder requirement, expressing requirements in a consistent and machine-processable fashion helps eliminate many of today's weak points in the software development process. Once business process semantics can be processed by machine, various software artifacts, as well as code, can be generated from business process definition.
4. Ontologies, explicit formal specifications of terms and relationships among them, play a pivotal role as enaling method for the description of semantically rich, machine-processable business process definitions.