Metadata is definitely a term that’s thrown around quite a bit, but does everyone really understand the crucial role it can play in decision making? Maybe not. To make sure we’re all on the same page, let me first define how we look at metadata. In short, metadata is information that provides information about other data. This makes finding and working with data easier. In other words, metadata can provide insight and there’s value to be had there!
How Metadata Can Be Applied to Real-Life Use Cases
Let’s take a quick look at these three use cases (covered in our recent webinar) where applying metadata can make a difference. In each case you have a list of things you need to do, find or answer. But, there are challenges to getting what you need. This is where metadata can help and provide insight.
Use Case Example #1: General Data Protection Regulation (GDPR)
Use Case Example #2: Data Lakes
Use Case Example #3: Digital Transformation
Overall, you need to look at metadata as a crucial aspect of data governance. It’s not just about extracting information so you can better understand what’s contained within a database, it’s about how useful this information can be to the overall organization. Adding metadata management to your data governance game plan can help you:
- Discover what information in contained in your data, where it exists, and how much is captured.
- Understand your data from a content, context, usage and lineage perspective.
- Connect internal and external data.
- Measure the actual value of data in a use case scenario (like the ones above), by looking at its effectiveness and the impact on the organization.
Check out our Resource Center to learn more about how metadata management is just one piece of the data governance puzzle. Also be sure to catch our webinar recording, Top 3 Ways Proper Metadata Management Drives Business Insights, to dig more into the use cases highlighted above.