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Knowledge Management business and economy - Essay Example
Author : brenda28
Pages 5 (1255 words)
According to Thangarathinam, et al., (2004), metadata management contributes in the understanding of the information, its location, and the value it provides to users. Metadata is information about data. It answers the who, what, when, where, why, and how of every piece of data being documented throughout an enterprise and is the enabler for reuse…
Users can view information in a context they understand, providing a more efficient and intuitive way to communicate. To achieve this kind of enterprise-wide information integration, companies need to describe and share, in a common way, the data in their disparate data sources. This should include the business description associated with the information asset, as well as location, connection details, data type details, and the information's relationship with other resources. Sharing this information leads to an increased visibility of information across an enterprise, shorter development times, and reduced operational costs as the organization can discover and eliminate redundant information sources.
The author explored in this paper how metadata repositories and data mining are used in knowledge management and how Metadata and Data Mining Management streamline the application development process by reducing the development, deployment, and maintenance costs. This is made possible by the use of Metadata Repositories and Data Mining for logical, physical, and process aspects of the application environment, when tracking versions of the code and documenting all aspects of the application development life cycle.
According to Brackett (2000), by providing a complete, integrated view of the de ...