Why Medical Specialty Societies Are Key to Driving Clinical Data Content Standardization
The growing demand for Electronic Health Record (EHR) data reveals fundamental limitations in downstream usability, such as benchmarking clinical quality, understanding patient populations, and conducting research studies. Medical specialty societies are ideally positioned to overcome these challenges by driving the development and adoption of new data standards for their specialty areas. Providers generate EHR data. […]
Read moreGreater Traceability Needed In the Global Food Supply Chain
The key focus of the World Health Organization’s (WHO) Global Strategy for Food Safety 2022–2030 is to improve the use of food chain information. Each member state was requested to support this initiative by establishing national guidance or codes of practice for food traceability. Robust food traceability systems serve several roles in advancing food safety […]
Read moreHow Important Are Standards?
The proliferation of unstructured and semi-structured data from external sources is mainly responsible for the current demands for a semantic layer. Applying a standardized semantic layer atop data fabrics, data lakes, and data lakehouses lets end users select data based on business objectives. Besides, this layer is endlessly reusable for any use case. A standardized […]
Read moreFirst Phase of the Identification of Medicinal Product Project Completed
The Pistoia Alliance has completed the first phase of its Identification of Medicinal Product (IDMP) Common Core Ontology project. This ontology would support enterprises in complying with the upcoming implementation by the European Medicines Agency (EMA) of the five IDMP standards set by the International Organization for Standardization (ISO). Currently, there is no overarching body […]
Read moreBetter Classification Needed For Seller-Defined Audiences to Work
IAB Tech Lab’s Seller-Defined Audiences (SDA) is a privacy-compliant audience classification. However, to benefit from SDA, publishers should have a contextual classification that accurately defines their content and audiences. This is easier said than done because the IAB standard involves two taxonomies, one for content, and another for the audience. The presence of two taxonomies […]
Read moreDigital Asset Taxonomy System for Investors
Goldman Sachs, MSCI, and Coin Metrics announced that they have devised a digital assets classification system “Datonomy” to increase the transparency of market movements and help market participants analyze the digital assets ecosystem. The new taxonomy, available by subscription from the three companies, divides the digital assets world into classes, sectors, and subsectors according to […]
Read morePayment Fraud Taxonomy Published
The Euro Banking Association (EBA) has made its payment fraud taxonomy available to the public. EBA’s expert group on payment fraud-related topics developed the taxonomy in a bid to curb the rising threats to the European payments system. It provides a framework to describe payment fraud scenarios including card transactions. EBA expects the banks to […]
Read moreCollaboration to Launch Ontology Development Infrastructure for the Manufacturing Industry
The current data and analytics model that manufacturing firms use to develop products and implement-manufacturing processes is very complex. However, there is no universal set of data guidelines, which has resulted in cross-organizational production issues, delays, and heightened levels of risk. Therefore, the EDM Council and the U.S. Department of Commerce’s National Institute of Standards […]
Read moreNew European Learning Model to Be Launched
The European Learning Model v.3 (ELM v.3) is expected to be launched in March 2023. ELM v.3 is an exciting new development in the field of educational data exchange as it opens new possibilities for interoperability and credential exchange. The new model, ELM v.3, is targeted at all education and employment stakeholders in Europe. It […]
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