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Business Glossary

A common glossary for the entire business

Business Glossary

A common glossary for the entire business

WHAT IS A BUSINESS GLOSSARY?

Citazione Alberto Scavino 1Each business has its own Business Glossary, just as each company has its own distinctive business. This dictates that Metadata Repositories systems must guranteee flexibility but also dynamism over time…

Mauro Tuvo
Principal Advisor, Irion

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How to populate and update it

“We try to make the most of the competences  of our Data Owners, an asset of great value for our Group”

What is it involved in choosing a bottom-up approach?

“Our aim is that of having an organism that is alive and central within the company that allows the storage of this information and its distribution to consumer systems.”

Business Glossary: creation and use with Irion EDM

“Irion EDM is extremely efficient in supporting the Data Governance by design paradigm, because everything is created and stored in a single centralized Metadata Repository…”

What makes it an essential tool?

“It improves business performance in difference areas of competence.”

How and why you should classify your data asset

“… I do Data Governance because it is useful for improving my business.”

Practical tips for realising it

Purpose for a Business Glossary and suggestions for implementation

REQUIREMENTS, CHALLENGES & SOLUTION 
Needs

Requirements
Understand information assets to improve communication within the company and increase business value

Organize current and future information

Flexible and dynamic governance model for easily expansion of perimeters and application areas over time.

Native Metadata repository, Business Glossary, Data Dictionary and Data Governance & Quality system integration.

Collaborative environment to support change management processes in an engineered fashion.

Reduce ambiguities and increase data reliability

Multi legal entity system with data access profile segregations down to single attribute level.

Data and metadata model graphic navigation with a wed interface to understand and explore the behavior of company information.

Model and data history management, KPI calculation engines and dedicated dashboards.

Consistent updating and alignment

The Metadata driven approach that guarantees a consistent alignment between Data Management solutions and metadata that describes it.

Technical metadata massive and automatic upload from target systems including Big Data using the many available connectors integrated.

Business metadata integrated view, including data used to drive Data Management engine operation.

La soluzione

The solution
An integrated system, a universal vocabulary

Capabilities

Some of the features of Irion EDM:

Semantic Knowledge Graph

Data Governance by Design

Metadata Driven Data Management

Data Governance Service Oriented

Results obtained

A common glossary. An organized and regulated classification of company information;

A business entity semantics and ontology shared interpretation;

A flexible governance model to easily expand new area and service perimeters;

A constantly updated glossary that keeps up with company changes;

Data life cycle global vision (data lineage e impact analysis);

A historicization mechanism to satisfying regulatory compliance requirements;

A system for risk monitoring and verifying impact in advance.

Challenges

Challenges
Active Business Glossary, ready to use in a short time

Business and IT relationship

A tool to facilitate communication between business and IT

Time to Solution

Plenty of experience to help you structure a glossary

Credibility and productivity

Increase data credibility and internal productivity

Business and IT relationship

A tool to facilitate communication between business and IT

Time to Solution

Plenty of experience to help you structure a glossary

Credibility and productivity

Increase data credibility and internal productivity

Download the white paper!

To read more about the topic, download the white paper by Mauro Tuvo and Egle Romagnolli:

Business Glossary: a “must” or a “nice to have”?

Among the topics covered:

What is a Business Glossary?
The objectives of a Business Glossary
How to create and improve a Business Glossary?

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