Everyday we play with a lot of data. For example, I view my appointments in a calendar, view my photographs in my web gallery, check my bank statements online and so on. But can we view our photos in a calendar? The answer is NO. Because each of these applications have their own set of data, which is controlled by these applications themselves.
Semantic Web is a web of data. It provides a common formats for interchange of data, where on the original Web we only had interchange of documents i.e. with Semantic Web, data can be shared and reused across applications, enterprise, and community boundaries. It is based on the Resource Description Framework (RDF).
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