The value and importance of metadata is one of the most underrated aspects of information technology (IT) today. Often defined as “data about data” , it has been a lightning rod for misinterpretation and myth, which has undermined its significance and fueled misunderstandings about the impact it can have on enterprise content management (ECM) and other IT disciplines.
According to the March 2012 Gartner research report, How Metadata Improves Business Opportunities and Threats, “Metadata unlocks the value of data and, therefore, requires management attention.” It goes on to say, “Failure to manage metadata properly will hamper critical activities such as information management, business process management and service-oriented architecture (SOA) initiatives.”
Experts say that the more valuable the information asset, the more metadata you’ll find associated with it, and therefore the more critical managing metadata becomes to your organisation. Unfortunately for many companies, it continues to be an afterthought, particularly where ECM is concerned. As a result, many of them are missing out on the myriad business benefits that proper metadata management offers, from highly improved management of workflows, business processes and access permissions, to faster, more accurate information navigation and search, all of which directly lead to better overall business performance.
Next time we will discuss What is Metadata? Be sure to subscribe to the blog or email newsletter to get regular updates.
Laminin Solutions is all about optimising information management and connecting different solutions within a business. Through consolidating information and document flow with powerful easy to use and configurable software tools, Laminin Solutions sets the information in the business free from the boundaries of individual systems. Our focus is to improve the productivity of your business whilst reducing the cost to produce and use information.