Information Infrastructure
Competitiveness depends on your information infrastructure
To be competitive today your company needs a strong information infrastructure. Your employees are bombarded by data from hundreds of sources – business intelligence and market trends from external sources, operational and management data from internal ones. Whether you can put all that information – some of it very expensive – to good use depends on your infrastructure. If your users don't really know how to store data, or can't find it quickly, they'll be less likely to search for it. Consequently their decision-making will be slower and less informed, your organization will be less agile and your significant investment in business intelligence will be wasted. But with a superior information infrastructure, you can use data to increase productivity and business agility, and that's what you get with a taxonomy from Taxonomy Warehouse.
Taxonomy Warehouse delivers pre-built information infrastructure
Taxonomy Warehouse, sponsored by Dow Jones, is a free business resource dedicated to sharing information about how taxonomies can improve your information infrastructure and eliminate data overload. At www.taxonomywarehouse.com you'll find the resources you need to better understand taxonomies and how to implement them. You can also get access to more than 660 ready-to-use taxonomies. Building a custom taxonomy from the ground up is an expensive endeavor, but licensing a pre-existing taxonomy and adapting it to your needs allows you to put a better data infrastructure in place now. Taxonomy Warehouse provides taxonomies in 73 subject domains and 39 languages. So whether you're just beginning to look at the cost/benefits of a taxonomy for your company or you're seeking a specific pre-built vocabulary, Dow Jones Client Solutions has the information and resources you need.
How an information infrastructure delivers competitive advantage
There are several critical benefits that a taxonomy offers your information infrastructure. Since a taxonomy delivers a logical and intuitive way of organizing data, users will be able to store data more quickly, navigate data collections with ease, search for data with greater speed and precision and thus use data more fully in making decisions that can positively impact the company's bottom line. A solid information infrastructure thus makes data a tool for greater competitiveness and success. The right taxonomy also provides common language for describing and tagging data. This is important because much of the confusion around data comes from conflicting terms or tags. With a common system for describing data, users from different parts of the company and who have drastically different approaches to data will be able to communicate and share data more easily, allowing the freer flow of information throughout the organization.
Go to www.taxonomywarehouse.com now for more details on information integrating, metadata management, information management strategies, classification system and more. Go to www.dowjones.com/clientsolutions for more taxonomy solutions.
