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Getting Started with Taxonomies

The Build vs. Buy Dilemma Explained

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Getting Started with Taxonomies

Taxonomies have numerous uses and benefits in the workplace:

  • They help companies improve content searching, browsing, discovery, and recommendation
  • They support consistent tagging, metadata management, and workflows
  • And they connect with ontologies to build knowledge graphs of structured and unstructured data, linking content and supporting analysis

However, if you do not already have a taxonomy, where do you start? The classic question of build vs. buy applies to taxonomies, too. And can be answered in our webinar led by Data & Knowledge Engineer Heather Hedden.

Building your own taxonomy has the advantage of customizing it to your content and user needs from the start, but can take time and resources that are not readily available. Buying a starter taxonomy can be a good option if a taxonomy is available in the desired subject domain.

This webinar looks at the benefits and challenges of both options and suggests a possibly hybrid approach of buying, then modifying a taxonomy. It also explains the role corpus analysis, natural language processing, and autoclassification play in getting started with taxonomies.

Tune in to our webinar to hear some of the following key topics:

  • An introduction to taxonomies
  • How to build a taxonomy that’s relevant to your use case and scope
  • How to edit your taxonomy
  • How to acquire or license existing industry taxonomies
  • The benefits of taxonomies as a whole