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WHO publishes new infodemic management tools for pandemic preparedness

The World Health Organization (WHO) has published a new public health taxonomy for social listening to support pandemic planning and preparedness for pandemic influenza and respiratory pathogen disease events. The new social listening on respiratory pathogens outlines the development of the taxonomy and offers advice for analysts planning to incorporate it into their work. Respiratory […]

Brazil’s Sustainable Taxonomy Action Plan enters public consultation

Brazil’s draft Sustainable Taxonomy Action Plan (the Action Plan), prepared by the Ministry of Finance, received contributions as part of a public consultation. The development of a sustainable taxonomy seeks to address Brazil’s main environmental and social challenges, considering its commitments, objectives, and priority plans. Consisting of a classification system that defines, on a scientific […]

How smart taxonomy suggestions can help procurement

Implementing a fit-for-purpose spend structure and accurate visibility is foundational for the success of any procurement team and a key root cause of blurred visibility lies in taxonomy structures. Taxonomy in procurement involves grouping similar items based on their attributes, characteristics, or specific criteria. The main purpose of creating a procurement taxonomy is to streamline […]

Thailand Launches Taxonomy: A Reference Tool for Sustainable Economy

The Bank of Thailand recently launched The Taxonomy: A Reference Tool for Sustainable Economy, which is a result of Phase 1 of the taxonomy development co-led by the Bank of Thailand and the Securities and Exchange Commission. Thai Bankers Association, a Sustainable Banking and Finance Network (SBFN) member since 2012, also contributed to the development. […]

How to Build a Digital Asset Management Taxonomy: Best Practices

A well-built digital asset management taxonomy is a game-changer that helps to find any digital assets in no time. At its core, a digital asset taxonomy is the organization, categorization, and classification of brand assets for end-users of DAM software. It includes metadata and a controlled vocabulary of descriptive terms to tag and organize assets. […]

The Role of Data Collection in Semantic Discovery Platforms

In an era where understanding data has become pivotal to innovation and decision-making, semantic discovery has emerged as a transformative force, bridging the gap between raw information and actionable knowledge. A Semantic Discovery Platform (SDP) harnesses the might of advanced AI, knowledge graphs, and NLP to contextualize the intricate relationships of your organizational data with […]

IASB Proposes Updates to the IFRS Accounting Taxonomy 2023

The International Accounting Standards Board (IASB) has published a proposed update to the IFRS Accounting Taxonomy 2023 to reflect recent amendments to the following IFRS Accounting Standards: International Tax Reform—Pillar Two Model Rules, which amended IAS 12 Income Taxes and was issued in May 2023; International Tax Reform—Pillar Two Model Rules, which amended Section 29 […]

Regenstrief and SNOMED International Broaden Collaboration to Facilitate Interoperability Nationally and Globally by Linking LOINC and SNOMED CT

To facilitate broader interoperability of health data around the globe to enhance and improve the delivery of healthcare, LOINC® from Regenstrief and SNOMED International have commenced the generation of The LOINC Ontology: A LOINC and SNOMED CT interoperability solution. The LOINC Ontology supports providers and users who implement different combinations of SNOMED CT and LOINC […]

How Knowledge Graphs Improve Generative AI

ChatGPT, a form of generative AI, represents just a single manifestation of the broader concept of large language models (LLMs). LLMs are an important technology that’s here to stay, but they’re not a plug-and-play solution for your business processes. Achieving benefits from them requires some work by enterprises because, despite the immense potential of LLMs, […]

UK Government Receives Final Advice on Forming A Green Taxonomy

The Green Technical Advisory Group (GTAG) has issued its final advice to the UK Government on the creation of a UK Green Taxonomy centered on establishing a long-term “institutional home” for the taxonomy. This marks the culmination of nine advisory papers provided to the UK Government since GTAG’s inception in June 2021. In the two […]