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Enabling Global Price Comparison through Semantic Integration of Web Data

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Enabling Global Price Comparison through Semantic Integration of Web Data
Topic: High Tech Developments 11:07 am EST, Jan 26, 2008

“Sell Globally” and “Shop Globally” have been seen as a potential benefit of web-enabled electronic business. One important step toward realizing this benefit is to know how things are selling in various parts of the world. A global price comparison service would address this need. But there have not been many such services. In this paper, we use a case study of global price dispersion to illustrate the need and the value of a global price comparison service. Then we identify and discuss several technology challenges, including semantic heterogeneity, in providing a global price comparison service. We propose a mediation architecture to address the semantic heterogeneity problem, and demonstrate the feasibility of the proposed architecture by implementing a prototype that enables global price comparison using data from web sources in several countries.

Enabling Global Price Comparison through Semantic Integration of Web Data



 
 
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