Tuesday, November 04, 2003

XML

Can XML Drive Taxonomies and Categorization? by Bill Trippe.
Content management technology is almost de rigueur now in medium and large organizations, and along with it the problems of information overload. As a result, taxonomy development is now viewed as a core business issue. As practitioners like The Cadence Group's Baker explains, organizations are well aware of how much time is spent locating information. Making the process work better affects both the bottom and top line directly. To this end, taxonomy tools represent one area of software that continues to show significant growth. Nathaniel Palmer, vice president and chief analyst of Boston's Delphi Group, expects the market for taxonomy tools "to grow to $386M in 2004 from its current level of $270M for 2003 (and up from $228M in 2002)."
Seen at Column Two.

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