Where is the scope for innovation in Semantic Technology?

The research in the area of semantic technology has been going on for more than a decade. W3C has done a great job in finalizing various standards. So what is the next step? It is of course innovation. We will continue to see new innovative software companies cropping up who will build verticalized semantic solutions for various domains leveraging existing data. There is already so much of data out there that the time has come to develop some new algorithms in context of semantic technology. Who says that software is dead now!

In this context, the company which comes to my mind is Metatomix. The Metatomix platform is combination of rules/policy engine, semantic technologies and enteprise-class data integration. They use semantic technologies for informaition modeling and facilitating data integration; use rules engine to drive behaviour; and use integration platform to work with data, connect to data sources, recevie events etc.. The company has developed a very good solution for law enforcement systems. They have developed actionable insights for justice systems personnel - basically finding the right information and then bringing to the right people at the right time can be life saving in the world of law enforcement. Please go to metatomix website to see video which tells you about a real case. It will take only few minutes. The company also has secured a new round of funding lately.