Follow the exploration on how to build a better taxonomy for business. I believe current taxonomies are currently lacking. Using a spatial concept of taxonomy, our team has built a taxonomy that is used to power research into Comparables for Mergers & Acquisitions in the evolving sector of Information, Software and Media, and I would like to share our thoughts on how to build a better taxonomy.
Thursday, January 5, 2012
Taxonomy Mapping Engine in Use
Our team is in Annual Trends Report Mode. Yesterday we published our first of seven Trends Reports tracking Mergers & Acquisitions in the Media and Software Sectors. This report is for the media space. One part of the report is to collect the deals that for this space. We use an auto-population algorithm that fills the lists many times a day. We then use an Industry Map and rules set that maps the categorized deals into a simple flat taxonomy just used for this report. We can then compare sub-segments of the Sector to see which segments are performing better or worse. Note we do this for 7 different reports each with its own Industry Map and rules set. We never have to categorize a deal more than one time. The mapping engine puts the deals into the appropriate bins for that report. Check it out here.
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Your post is very good.Thanx
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