Keynote given at NetObjectDays conference, Erfurt, September 11, 2001. One of the earliest keynotes discussing commercial semantic web technologies, semantic web applications (including semantic search, semantic targeting, semantic content management). Prof. Sheth started a Semantic Web company Taalee, Inc. in 1999 (Product was MediaAnywhere A/V search engine),that merged to become Voquette in 2001 (product was called SCORE), Semagix in 2004 (product was called Semagix Freedom), and then Fortent in 2006 (products included Know Your Customers). Additional details can be found in U.S. Patent #6311194, 30 Oct. 2001 (filed 2000). Note: the commercial system used "WorldModel" as at the time, business customers were not yet warm to "Ontology" - the concept/intent is the same. More recent information at http://knoesis.org