% abstract for U. Maryland seminar 12/06/2002 Rules + Ontologies for Semantic Web Services Prof. Benjamin Grosof Information Technology group MIT Sloan School of Management http://ebusiness.mit.edu/bgrosof Web Services and the Semantic Web are two major areas of innovation that promise to radically raise the degree and abstraction level of business process automation. What will the convergence of these two areas -- i.e., Semantic Web Services -- look like? What are its implications for the next-generation Web as a technology platform for e-business? In this talk, we discuss the young, fast growing, research area of Semantic Web Services (SWS), focusing especially on our work on the uses of rules and on how to combine rules with ontologies. The draft industry standard for Semantic Web rules is RuleML, which we co-lead. RuleML is based on declarative logic programs, Webized in XML/RDF syntax, and with optional expressive extensions including for nonmonotonicity and procedural attachments. Our SweetDeal approach to e-contracting is an example application that illustrates the potential power and versatility of Semantic Web rules, together with ontologies, for Web Services. Another such application of ours is the ECOIN (Extended COntext INterchange) approach to financial information integration. Description Logic Programs (DLP) is our new relatively simple knowledge representation that enables the deep combination of Description Logic ontologies, cf. W3C's draft standard OWL, with Logic Program rules cf. RuleML. DLP is a first step towards meeting several requirements identified in early SWS applications scenarios.