The first phase in the strategy-development process of a company is strategic analysis. It includes an external view that analyzes the environment and an internal view that deals with a companys core competences. Using analysis data collected by information systems is rather difficult since the data are often unstructured. The consideration of interactions among business objects is frequently an important source of information about networks within a company and with its market environment. The business model, as an emerging concept in research, is used to explain a successful business. To analyze business models, the strategy, the structure and the type of value added by an enterprise are used as investigation objects. In the current study, parts of business models are used to highlight and analyze strategic issues. To conceptualize business models, businessmodel ontologies are used. Specifically, the three business-model ontologies are e3forces, the i* framework, and the resource/event/agent (REA) model. They are described as resources using RDF and RDFS. The implementation of strategic analysis consists of two steps: conceptualization of issues with business-model ontologies and analysis of the business-model ontologies, which is implemented by using SPARQL example queries.