The modern enterprise requires information technology which is
directly responsive to the business – providing high quality
company-wide business information, using standardized unambiguous
business vocabulary, and responding in real time to required changes
in business processes. None of these business imperatives can
be achieved when critical business information is stored and transmitted
in hundreds of different formats or data schemas.
Enterprises are responding by investing in information management
as an independent discipline within IT. The information management
organization (also known as data or metadata management) is tasked
with documenting where data is and what it means.
One feature of modern information management is that it no longer
treats operational IT and informational IT separately. In order
to achieve agility, the enterprise increasingly needs the ability
to tie business intelligence directly into its transactions in
support of flexible pricing, inventory, and more.
The goals of the information management organization include:
Until now enterprises have lacked a consistent
methodology for information management to ensure the predictable
success of these goals.