7. A method for updating an ontology in a database, the method comprising: scanning, by a semantic modeling platform, one or more databases to determine when at least one of the one or more databases is ready to update; receiving, by the semantic modeling platform, an indication for updating at least one of the one or more databases to accommodate data, when the determination indicates that the at least one of the one or more databases is ready to update; parsing, by the semantic modeling platform, a first ontology associated with at least one table in the at least one of the one or more databases; creating, by the semantic modeling platform, a second ontology that describes the data to is accommodated; mapping, by the semantic modeling platform, the parsed first ontology on to the created second ontology; analyzing, by the semantic modeling platform, the mapping of the first ontology on to the created second ontology; determining, by the semantic modeling platform, one or more differences between the first and the second ontologies based on the analyzing; recommending, by the semantic modeling platform, one or more changes to the second ontology based on the determined one or more differences between the first and the second ontologies; and updating, by the semantic modeling platform, the created second ontology based on the recommended one or more changes to the second ontology.
12. The method of claim 7 , further comprising: receiving, by the semantic modeling platform, an indication to update one or more web services to accommodate data; importing, by the semantic modeling platform, a first XSD file associated with the data; parsing, by the semantic modeling platform, a third ontology associated with at least one web services instance; creating, by the semantic modeling platform, a fourth ontology that describes the data based on the first XSD file; mapping, by the semantic modeling platform, the parsed third ontology on to the created fourth ontology; determining, by the semantic modeling platform, one or more differences between the third and the fourth ontologies; updating, by the semantic modeling platform, the created fourth ontology based on the determined differences between the third and the fourth ontologies; and exporting, by the semantic modeling platform, the updated ontology to a data modeler that creates and utilizes a second XSD file to modify the web services instance or creates a web services instance.