With the development in the contemporary industry, the concepts of ICT and IoT are gaining more importance, as they are the foundation for the systems of the future. Most of the current solutions converge into transforming the traditional industry in new smart interconnected factories, aware of its context, adaptable to different environments and capable of fully using its resources. However, the full potential for ICT manufacturing has not been achieved, since there is not a universal or standard architecture or model that can be applied to all the existing systems, to tackle the heterogeneity of the existing devices. In a common factory, exists a large amount of information that needs to be processed into the system in order to define event rules accordingly to the related contextual knowledge, to later execute the needed actions. However, this information is sometimes heterogeneous, meaning that it cannot be accessed or understood by the components of the system. This dissertation analyses the existing theories and models that may lead to seamless and homogeneous data exchange and contextual interpretation. A framework based on these theories is proposed in this dissertation, that aims to explore the situational context formalization in order to adequately provide appropriate actions
