The adoption of COTS-based development brings with it many challenges about the identification and finding of candidate components for reuse. Particularly, the first stage in the identification of COTS candidates is commonly carried out by dealing with unstructured information on the Web, which makes the evaluation process highly costing and not efficient when applying complex evaluation criteria. In this position paper, we identify some key elements to support a standardized framework towards a knowledge-based process for COTS component identification. Further discussion would improve our research before moving into developing the framework.