The THESUS program seeks to develop technologies and applications for the Internet of services. The program is sponsored by the German government and supported by German IT heavy weights like SAP or Siemens and technical universities in Germany.
The program is based on several use cases where technology is supposed to solve a real world problem. The aim of the program is to build with semantic technologies a new and better knowledge infrastructure. For webbies you can also call it Web3.0.