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A Taxonomy for Digital Transformation KPIs

Key Performance Indicators (KPIs) are critical because they help measure performance against the goal of digital transformation initiatives. The application of appropriate KPIs is essential for the success of digital transformation initiatives. Hence, a comprehensive KPI taxonomy was developed to support measurement, find and apply the right measures, and help enterprises assess their digital transformation […]

Seller Defined Audiences—the First Addressability Specification

The first addressability specification, the Seller Defined Audiences (SDA) specification, has been finalized. It is aimed at helping publishers, data management platforms, and data providers scale first-party data responsibly and reliably. SDA relies on widely adopted specifications. These specifications have been updated to work together with the SDA and accommodate important signals that make SDA […]

An Imaging Ontology of Body Parts

The HIMSS/SIIM Enterprise Imaging Community has actively worked toward advancing enterprise imaging strategies. The community is a result of the longstanding collaboration between the Healthcare Information and Management Systems Society (HIMSS) and the Society for Imaging Informatics in Medicine (SIIM). The latest project of the community is an effort to develop a standardized imaging ontology […]

A New Approach, Hierarchical Taxonomy of Psychopathology, for Diagnosing Psychological Disorders

A dimensional model is being considered as a replacement for the existing categorical Diagnostic Statistical Manual (DSM) system of classifying psychological disorders. If the new Hierarchical Taxonomy of Psychopathology (HiTOP) model prevails, psychological profile scores will replace diagnostic labels, and cutoff scores will replace categories. DSM has served as a valuable common language for researchers, […]

Two New Lighting Standards for Reporting Energy Data and Tagging Metadata

The National Electrical Manufacturers Association (NEMA) has published two new standards. ANSI C137.5 American National Standard for Lighting Systems—Energy Reporting Requirements for Lighting Devices specifies the minimum performance requirements for lighting devices reporting energy data. The ANSI C137.6 American National Standard for Lighting Systems—Data Tagging Vocabulary (Semantic Model Elements) for Interoperability contains a controlled vocabulary […]

Framework to Classify Climate Change Risks

A new climate risk taxonomy was released recently in London. It is the first framework of its kind to classify the risks of climate change. Created by the Centre for Climate Finance & Investment (CCFI) at the Imperial College Business School, the taxonomy will enable lenders, investors, and regulators to assess the climate and natural […]

The Role of Taxonomies, Subject Matter Experts, Clean Data, and Tools in Digital Financial Reporting

A well-designed taxonomy, ontology, and schema are fundamental to teaching machines to understand financial data and information patterns. Similarly, Subject Matter Experts (SMEs), clean data, and logic-based engines are indispensable for making sense of financial data. Taxonomies, ontologies, schemas, and data models are essential for leveraging Artificial Intelligence (AI). They provide the structure that enables […]

Ontology Development in Behavioral and Social Sciences

Biomedical sciences increasingly use controlled vocabularies, taxonomies, and ontologies to reflect and represent the current state of knowledge. However, these critical biomedical information repositories are sparse and outdated. Consequently, The Office of Behavioral and Social Sciences Research (OBSSR) commenced a multi-year ontology building initiative. Full and accurate representation of behavioral and social sciences terminology is […]

Applying Marketing Taxonomy—the First Step in Optimizing Enterprise Data

Data provides brands with insights to optimize their marketing efforts and increase revenue growth. However, to do effective and productive marketing, it is imperative to standardize data points with the help of a taxonomy. A marketing taxonomy increases the possibility of interconnectedness. It allows marketers to measure the effectiveness of brand campaigns, content, catalogs, and […]

An Ontology to Describe Digital Currencies

Digital currency comes in many forms and types. However, the fundamental need – to collaborate on digital currency development –remains unfulfilled because an explanatory framework of terms and characteristics that describes the various digital currencies is unavailable. A working group has been formed through the Digital Currency Global Initiative (DGCI) to fill this lacuna. The […]