Calculating the ROI of Semantic Enrichment
We are often asked for help in calculating the potential return on investment (ROI) of investing in a taxonomy. How this calculation is done depends on the type of organization and who will be the users of the taxonomy. For any content-intensive organization, using a taxonomy increases findability, which in turn leads to greater utility and value for the organization’s content assets. Within the enterprise, this translates into hours and dollars saved by reducing the time required to find things, as well as the time and expense of redoing research or other work that can’t be found.