Last month, Gartner® published its Market Guide for Active Metadata Management*.
We were delighted – but not surprised – to see that Solidatus was named a Representative Vendor in this Market Guide report as to us, active metadata is at the heart of everything we do.
- A strategic assumption that “[t]hrough 2024, organizations that adopt aggressive metadata analysis across their complete data management environment will decrease time to delivery of new data assets to users by as much as 70%”;
- A market direction, which states that, “[o]verall, the metadata management software market grew at 21.6%, reaching $1.54 billion in U.S. dollars. This is one of the highest growing markets within data management software overall, following the DBMS market growth of 22%, although from a much smaller revenue base”; and
- A market analysis that states that “[c]ollaborative utilization will require new ways to capture and visualize metadata (driven by data preparation for analytics). Included is the capability of rating, ranking, tagging of data and ability to communicate within the metadata solutions”.
It’s what we do and it’s what underpins our technology, through whichever use case lens you view our data lineage solution.
It starts with metadata itself, which we’d define as a special kind of data that describes business processes, people, data and technology, and the relations between them, bringing context and clarity to the decisions that link them. Traditional examples include data catalog and business glossary.
This brings us to active metadata. We believe our definition resonates with Gartner’s: the way we see it, active metadata is the facility to reason about, visualize dynamically and gain continuous insight from information about data, data systems, business entities and business concepts, the relations between them, and stored knowledge about them.
- Active metadata includes logical reasoning;
- Active metadata offers a very dynamic form of visualization;
- The information in active metadata is not just about the entities themselves, but about the connections between them; and
- Active metadata should include stored knowledge. This is subtly different from other metadata, because it sits at a higher level, and offers more general, or more universal, information, such as business definitions.
- Is embedded within an organization’s data and business practices;
- Presents a continuous, coordinated, enterprise-wide capability; and
- Provides monitoring, insight, alerts, recommendations and design.
- Is integrated, managed and collaborative; and
- Orchestrates inter-platform metadata assets and cross-platform data asset management.
- Data integration;
- Resource management;
- Data quality management;
- Data governance;
- Corporate governance;
- Regulatory control;
- Risk management;
- Digital transformation; and
- ESG.
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