Semantics in Business Systems begins with a description of what semantics are and how they affect business systems. It examines four main aspects of the application of semantics to systems, specifically: How do we infer meaning from unstructured information, how do application systems make meaning as they operate, how do practitioners uncover meaning in business settings, and how do we understand and communicate what we have deduced? This book illustrates how this applies to the future of application system development, especially how it informs and affects Web services and business rule- based approaches, and how semantics will play out with XML and the semantic Web. The book also contains a quick reference guide to related terms and technologies. It is part of Morgan Kaufmann's series of Savvy Manager's Guides.
I really enjoyed this book. For anyone, going into business systems or analysis, I would recommend this book as it reads well, presents things rather logically and provides some depth of the subject it speaks of.
I like the approach as well, thinking semantically, though I'll admit it does require a bit more abstraction. This is of course a good thing. The point of any business system is to fulfill a need and that need is generally based on closely modeling a business process and getting the semantics of the process right.
Other great highlights include SOA, XML, SOAP, breaking down of semantics from it's specific field, a discussion on the object oriented paradigm and certain weaknesses that develop, the semantic web and how to structure databases based on a more semantic approach. In almost all cases, he tries to find the best areas to apply semantics to solve problems.
Good overall overview, me and a friend discussed and hope a second edition comes out soon that highlights some of the advances in the semantic web (of which I know little of).