Book excerpt: Service-oriented computing is an emerging factor in IT research and development. Organizations like W3C and the EU have begun research projects to develop industrial-strength applications. This book offers a thorough, practical introduction to one of the most promising approaches – the Web Service Modeling Ontology (WSMO). After a brief review of technologies and standards of the Worldwide Web, the Semantic Web, and Web Services, the book examines WSMO from the fundamentals to applications in e-commerce, e-government and e-banking; it also describes its relation to OWL-S and WSDL-S and other applications. The book offers an up-to-date introduction, plus pointers to future applications.