Book excerpt: Ontology Managememt provides an up-to-date, scientifically correct, concise and easy-to-read reference on this topic. The book includes relevant tasks, practical and theoretical challenges, limitations and methodologies, plus available tooling support. The editors discuss integrating the conceptual and technical dimensions with a business view on using ontologies, stressing the cost dimension of ontology engineering and offering guidance on how to derive ontologies semi-automatically from existing standards and specifications.