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Ontologies are built to establish standard terminologies representing a semantic agreement between humans and knowledge systems via representational frameworks (e.g., KIF, DAML+OIL, OWL, etc.) that have been proposed in the research community, with limited adoption in industry. One possible reason is a lack of a formal model and associated process to more precisely and accurately design and develop ontologies. The authors' prior work explored UML, entity-relationship diagrams, and XML asdoi:10.4018/jswis.2013040103 fatcat:nzz5d5chcjcwvg2jsut55nc4gu