Agni 370 Practically a Master Poster Featured Poster

Hi Guys,

I'm trying to evaluate the possibility of using Ontology for one of the tasks in an exercise but can't seem to get my head around its usage. I've read quite a few tutorials and the OWL documentation. I think I can create an ontology with some effort but how do we use it? Can I use it like an XML to store data? I mean can I read values from a text file and then store it in an Ontology?

Any help is appreciated.