Harnessing the Power of Semantics

November 27, 2014 / Melody Smith / Comments Off on Harnessing the Power of Semantics

Legal entity identifiers are a form of semantic data. The lack of legal entity identifiers is partly at fault for the failure of investment banking firms in 2008 and after. The vital data was lacking when crucial business decisions needed to be made by organizations. Accessing risk exposure was compromised and the fallout was harsh. Search Data Management brought this news to our attention in their article, “Legal entity identifier, other semantic data mean better governance.”

Even with semantic technology power, information management for any type of business is critical for fast, easy, and comprehensive findability. One key way to ensure this is through a solid taxonomy, based on standards, built by someone with years of experience in the field. Access Innovations is one of a very small number of companies able to help its clients generate ANSI/ISO/W3C-compliant taxonomies.

Melody K. Smith

Sponsored by Access Innovations, the world leader in taxonomies, metadata, and semantic enrichment to make your content findable.

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Melody Smith

Melody K. Smith has provided organizational, social media and digital communication services to a large non-profit for the past twenty years. Prior to that she championed employee engagement and communications in the healthcare field. She holds a Bachelors degree in Marketing. When not wrangling and writing TaxoDiary content for your reading pleasure, Melody writes fiction, rescues dogs and throws legendary dinner parties.