Data understanding is the knowledge you have about data and the needs the data will satisfy. There is no tool or artifact for data understanding. It is expressed in business glossaries, data dictionaries, models and other forms of metadata or other places where information about the data is stored. CIO brought this news to us in their article, “Mastering and managing data understanding.”
Data understanding capability is a true manifestation of operational management of data as an asset and will result in a more effective deployment of solutions.
Some analytics projects are just business intelligence, not true data understanding. Carefully review the landscape before heavily investing in new technologies; sometimes, better business alignment could have fixed the problem.
Experience is key for any business partner. Access Innovations has been helping clients maximize the value of their information through the semantic enrichment techniques of custom taxonomies for over 30 years.
Melody K. Smith
Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.