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GAAP Taxonomy Reports Released – Awaits Acceptance

The Financial Accounting Standards Board recently released its annual Generally Accepted Accounting Principles (GAAP) Taxonomy. The taxonomy includes the 2023 GAAP Financial Reporting Taxonomy (GRT) and the 2023 SEC Reporting Taxonomy (SRT). The U.S. Securities and Exchange Commission (SEC) is expected to accept the 2023 GRT and the SRT taxonomies as final in early 2023. […]

The Many Benefits of Semantic Search in E-discovery

Semantic search is the aspirin to the headaches of keyword search in e-discovery, such as under-generation and over-generation of search results and translation errors. Semantic search solves keyword search issues such as under-generation by looking at the meaning, as it does not matter how a concept is described. As semantic search focuses on an idea […]

Using Translation Memory and Terminology Management on Projects

Translation memory and terminology management are two of the most common tools used by language professionals. These two technologies share some similarities. They are, however, used to solve different problems. One tool may be more suitable for some projects, but many projects will benefit from using both. Translation memory is ideal for projects with a […]

An Ontology and Semantic Web Technologies Primer for Media in the Cloud

Recently, a primer, “Media in the Cloud: Ontology and Semantic Web Technology Navigation Guide,” was published. It is a free guide on the use of ontologies and other semantic web technologies within media at a time when workflows have moved to the cloud. Recognizing a need for greater awareness, MovieLabs, the EBU, and SMPTE collaborated […]

Malaysia Launches Taxonomy to Advance Its Climate and Sustainability Agenda

Malaysia’s Securities Commission (SC) recently unveiled the Principles-Based Sustainable and Responsible Investment Taxonomy for the Malaysian Capital Market (SRI Taxonomy). The SRI taxonomy aims to provide clarity on proper and consistent identification and classification of economic activities and the definition of sustainable investments. The SRI Taxonomy also seeks to address concerns about mitigating and managing […]

First Knowledge Graph for Patent Information

Accessing patent knowledge and exploiting it for the benefit of society is a complex and challenging endeavor for researchers in science. Therefore, to investigate the need for patent knowledge and its potential use in research, FIZ Karlsruhe and the Leibniz Institute for Plasma Science and Technology e.V. (INP) in Greifswald piloted a needs analysis. The […]

Data Interpretation Standards to Enhance Interoperability within Workflows

The developers of the SNOMED CT and LOINC terminology standards are collaborating on a project to make it easier to adopt a unified approach to implementing both standards. Easing health information exchange for providers and enabling exchange within workflows is the goal of this collaboration agreement between LOINC and SNOMED CT. Under their new collaborative […]

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. […]

Greater 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 […]

How 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 […]