The value of metadata management
When I think about the value of data management capabilities, I think about value in terms of what can I do after I deploy this capability that I am not able to do today. How do I measure this difference? It may be in dollars saved, fines avoided, hours of employee time that is saved, revenue that is generated, opportunity value unlocked, or some combination thereof. Any of these value vectors can make the capability worth deploying.
The difference with metadata is that subsequent data management capabilities (as we will explore in Chapters 7–11) will not reach their full potential without metadata capabilities in place. Thus, this capability is foundational, which also needs to be accounted for when measuring the value of metadata management. There are five core tenants to the value of metadata management capabilities:
- Transparency: Metadata management enables transparency about the data. Technical metadata tells us where the data...