“…The observation map, which only relates data at t 0 states that which can be expressed iconographically as in Figure 5. -----------+------------+-----------------+-----------------+-----------------+-----------------+-----------------+-------------+---- -----------+------------+-----------------+-----------------+-----------------+-----------------+-----------------+-------------+---- Since the pioneering studies [5,9,23] and further engineering investigations on the commercial solutions [24], a first attempt going in the same direction that we following in this paper appeared in the 1990s [13] and inspired many specialized studies [19,21,17,12,4,20,10,11]. The ontological approach and the usage of the Internet of Things have been applied to forecasting quite recently [1,18] and we acknowledge that the main technical inspirations of our framework trace back these works, whereas the main influences come from the usage of non-monotonic deduction systems for sensor-based applications (clearly related to the initial part of the forecasting process) [28,8], and non-monotonic reasoning [16,25,14,15].…”