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10 Reasons to Create a Business Taxonomy

With the ever increasing flow of information, it becomes increasingly difficult to sort out the noise and find the relevant information you are looking for. The loss of productivity (i.e. time spent looking for information) costs organizations millions of dollars. This is explained in detail in multiple analyst reports.

One simple way to address this problem is to organize all your organizations information into taxonomies. I found an interesting article on TaxoDiary giving you 10 reasons why your company should create a business taxonomy in 2011. You can find the article by clicking here