Why Your AI Needs an Ontology: Getting Started with FIBO
It is still early, but the research is already in: ontologies significantly optimizes AI platform performance, including agents and Gen AI, by providing structured domain knowledge. This allows AI models to connect concepts and fragmented data and validate the logic of outcomes. The result? Improved accuracy and reasoning, lower cost, more explainability, and reduced failures such as hallucinations. The ontology for the financial services sector, FIBO (Financial Industry Business Ontology), is available from the EDM Association. But what is in it? How to find and use it? How to gain the benefits of FIBO for my AI program?
The EDM Association's webinar on August 25th, 2026 will get you started on FIBO for AI. EDM Association experts and members will talk about the what, why, and how of FIBO, including:
- Why AI needs ontologies
- What are ontologies, and where they fit into the data architecture
- What is FIBO
- Use cases and a report from the field
- FIBO resources: How to get started with FIBO, including the new EDM Association community for FIBO, the FIBO Forum
This is your chance to engage directly from the experts about how - with FIBO - to really supercharge your data program to meet the challenges of AI!
