Metadata management- A guide to knowing your data inside out
Do you think it’s easy to find a book in a disorganized and uncategorized library? Clearly, no! Everyone quickly wants to find what they’re looking for and move on to the next important task unless it’s a Sunday evening and you’re in the mood to organize the library! What happens if this occurs with millions of data points? Data that is disorganized can derail your business. Metadata management is the panacea for the problem.
Metadata management provides a comprehensive view of all your business data, improving its discoverability and usability. Every customer touchpoint generates data in this digital business world, and it is critical to track and analyze the data. The metadata management solution takes care of that for you! It helps you to organize the data as well as acquire intelligence.
Here is a quick overview of metadata management to help you understand it all and use it to power your business!
What is metadata management?
When you google, what is metadata? The first thing you would see is “data about data.” Metadata is more than that. It provides information about the format, structure, models, lineage, access permission, extensive data quality, enrichment, and governance capabilities.
Metadata defines your data and transforms it into information assets. Metadata management is effectively managing all of this vital metadata in one location.
A metadata management solution collects all of your metadata for every data stack automatically and continually. It is like a book’s index. Like how an index works, metadata management allows you to identify the data, check vital information quickly, and efficiently manage your digital assets.
Manually creating and managing metadata is time-consuming and leads to data inconsistency. An AI-powered metadata management solution facilitates fast data discovery, identification, and management.
Is metadata management necessary for every organization?
Every organization requires metadata management irrespective of its size. If you’re wondering why every organization needs it, the answer is simple: trust. Metadata management has a significant impact on the quality of your data. Metadata management provides data users with solutions to the what, when, who, where, why, and how questions. So, with this clear data understanding, you can quickly determine whether or not there are any anomalies in the quality of your data.
Another important reason for using a metadata management solution is to quickly locate your data and determine the relationship between each dataset. For example, metadata like date, time, name, and place will be gathered whenever you click a picture. So, when you are scrolling through your gallery and you want the details of a particular image, metadata management can do that for you in a flash.
Automated metadata management will quickly assist you in determining the root cause of the problem, where the data is, who last accessed it, and if the information is out of date. You can quickly identify the data flow and obtain comprehensive solutions to all organizational issues. Metadata management solution increases the value of your business, improves innovation, and reduces risk.
Drive action with Metadata management
From business users to data stewards and engineers, everyone in the organization relies on metadata management. It efficiently generates and manages metadata, defines business rules, and aligns systems with them, improving operational efficiency and productivity.
Here are a few metadata management capabilities
Govern your data effectively
If you believe metadata management has no impact on data governance, you are mistaken! The precise categorization and definition of your dataset significantly impact your data governance. Poor data governance makes your company more vulnerable to security threats.
Metadata management solutions address most data governance issues such as lack of data quality standardization, unclear data owners, data security issues, communication problems, data lineage, etc. When you use our powerful metadata management solution, you no longer have to be concerned about your organization’s security threats or non-compliance issues.
Create data glossary
The data glossary keeps everyone in the organization on the same page. It provides a standard definition for all business terms, which improves collaboration between the business and IT teams and other stakeholders. To create a practical data glossary, all you need to do is implement powerful metadata management in your organization.
With an AI-powered metadata management solution, you can manage business glossaries, definitions, and relationships between different data, rules, custom types, and taxonomies in a comprehensive manner. It allows you to create a collaborative business glossary across departments, which improves productivity, communication, and decision-making.
Track your data lineage
Assume you want to determine why a specific project costs millions of dollars. What would you do? You would collect all data related to that particular project and analyze it to resolve the issue. However, it takes a lot of time, and you can’t be sure that the data is accurate.
You can easily track and identify the lineage of your data with a precise metadata management strategy. You no longer need to be concerned about how data has evolved, who has accessed it, and how it has impacted your business. We help you determine the root cause of the problem, develop innovative business ideas, and become the market leader.
Connect your data and boost your business with precise metadata management
Metadata management is quickly becoming a requirement in your company. Every one of us works with data in some capacity. So, start using our powerful metadata management solution to understand the various aspects of your information assets, improve their usability, and excel in your business. We aim to make your job easier at Xtract.io with our customized solutions.
Originally published at https://xtract.io/blog/metadata-management-101-know-your-data/ on April 12, 2022. Check out our blog to read more articles and follow us on Twitter or Facebook.