Advantages of BI Metadata Management
Behind every successful master data management strategy there is master data that is complete and accurate at all times. Being able to consolidate and analyze your data for better decisions of business can often give you a competitive advantage and learning to uncover and leverage these advantages is what business intelligence all about. This is only possible if you have the correct applications and tools so as to analyze the data. For BI Metadata Management, IBM has chosen the decentralized approach to metadata integration.
BI is all about bringing together several pieces of data so that you can gain outlook within the context of the business decisions you need to make, making the collection, management and availability of metadata, data about the data one of the most vital aspects of any BI ecosystem. Without a good metadata, BI cannot function. Business Intelligence tools provide and maintain an internal repository of business level metadata definitions used by these tools.
The highest performing organizations of BI focus on both program tasks and project tasks simultaneously. The roles of the programs must be fulfilled by some combination of internal or external resources to make sure that adequate attention is given to the long term road map. Metadata contains information about the data that helps accommodate the difference in terminology such as clients and customers, revenue and sales, etc.
Business metadata includes data files and attributes in business terms. Demand for business intelligence applications tends to grow even at time when demand for most information technology product is soft. It is used widely in industry, research about them is limited. Sometimes it refers to on-line decision making that is instant response.
After reading the above article, I am sure you have got enough information about the BI metadata management and its importance in the industry of IT.