These three tools help us organize information about skills and jobs.
Here's what each one does:
Taxonomy: The Simple Organizer
Think of a taxonomy as a filing system. It's like organizing your closet - putting shirts in one drawer, socks in another. In the workplace, it helps sort skills and jobs into clear categories. For example, leadership skills go in one group, technical skills in another.
Ontology: The Relationship Builder
An ontology shows how different things connect. Imagine a family tree that shows how people are related to each other. In the workplace, an ontology shows how skills connect to jobs, or how one skill relates to another. For example, it might show that data analysis skills are connected to both statistics and computer programming.
Knowledge Graph: The Smart Network
A knowledge graph is like a very smart web that connects many different pieces of information and updates itself. It's what makes Netflix suggest shows you might like based on what you've watched before. In the job market, it connects real-time data about skills, jobs, and training to help companies make better decisions about hiring and training.
SkyHive's Knowledge Graph combines job market data, economic information, and education details to help organizations understand and adapt to changes in the workplace.
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