Ontology Alignment is an important research problem applied to various fields such as data integration, data transfer, data preparation, etc. State-of-the-art (SOTA) Ontology Alignment systems typically use naive domain-dependent approaches with handcrafted rules or domain-specific architectures, making them unscalable and inefficient. In this work, we propose VeeAlign, a Deep Learning based model that uses a novel dual-attention mechanism to compute the contextualized representation of a concept which, in turn, is used to discover alignments. By doing this, not only is our approach able to exploit both syntactic and semantic information encoded in ontologies, it is also, by design, flexible and scalable to different domains with minimal effort. We evaluate our model on four different datasets from different domains and languages, and establish its superiority through these results as well as detailed ablation studies. The code and datasets used are available at https://github.com/Remorax/VeeAlign.

Increased internet bandwidth at low cost is leading to the creation of large volumes of unstructured data. This data explosion opens up opportunities for the creation of a variety of data-driven intelligent systems, such as the Semantic Web. Ontologies form one of the most crucial layers of semantic web, and the extraction and enrichment of ontologies given this data explosion becomes an inevitable research problem. In this paper, we survey the literature on semi-automatic and automatic ontology extraction and enrichment and classify them into four broad categories based on the approach. Then, we proceed to narrow down four algorithms from each of these categories, implement and analytically compare them based on parameters like context relevance, efficiency and precision. Lastly, we propose a Long Short Term Memory Networks (LSTM) based deep learning approach to try and overcome the gaps identified in these approaches.