The document discusses using semantic technology to build an enterprise information web (EIW) through the use of ontologies. It describes how domain ontologies, relational mapping ontologies, and other ontologies can be used to semantically describe and link information from across different business units and data sources. This semantic layer would allow for advanced querying, analysis, and federation of enterprise information through standards like SPARQL. The goal is to solve the "information federation problem" and overcome existing data silos by making all enterprise information easily accessible and understandable through semantic descriptions.