Hi,
This is actually not a one-answer-question but a whole research project!
Basically it depends on what you're after;
What is your research question?
What does my transcriptome data consist of?
Having defined that (and thought about it a lot ;-) there are basically two scenario's (or a combination thereof); either you find a list of differentially expressed genes from your data and try to find in what pathways they are found, or you map the transcriptome data on known pathways downloaded from public databases.
Hope this helps,
Piet