Many people have highlighted XBRL as a key part of the ‘financial’ semantic web but the fact that this is starting to hit mainstream thought is evidenced from this quote from the introduction to David Siegel’s new book: Pull: The Power of the Semantic Web to Transform your Business – one of the few to approach the semantic web from a business perspective…

Data will be interoperable. We won’t have to translate from one system to another. As an example, Edgar.gov will soon become a cloud-based hub for XBRL data from companies reporting results. Since everyone uses the same standards, all the software will be able to tie into the original sources of data and use it in the way that’s most meaningful to the subscriber.

So if you want to improve your pulling power (i.e. learn more about the semantic web) I suggest you take a look at Siegel’s book.

This entry was posted on Thursday, March 25th, 2010 at 3:52 am and is filed under Communication, XBRL. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.