Metadata management is managing data about other data. This practice involves establishing stringent roles, responsibilities, policies, and processes to ensure that data-driven information is available and accessible. DATAVERSITY brought this interesting information to our attention in their article, “Metadata Management and Analytics: What is the Intersection?”
Metadata management works alongside data governance – a system of decision rights and accountabilities for information-related processes. Stated more simply, data governance includes the processes and framework involved in managing data assets. Organizations need to know how to define their data by understanding who and what customer means within different departments and how it should be managed overall.
Metadata either describes business data or provides a context for business data and its associated processes, services, rules, and policies. There are many benefits to realize from metadata management, especially with regard to business intelligence. For one, metadata management cuts down analytics time by providing efficient data management features and creates more value for business intelligence activities.
Melody K. Smith
Sponsored by Access Innovations, the world leader in thesaurus, ontology, and taxonomy creation and metadata application.