In terms of business, BI metadata management is extremely important. In order for business intelligence teams to fully utilize the data they are dealing with, they first need to understand the data’s full picture. This includes any transformations the data underwent, where roadblocks or dead ends exist, and if there are any errors that need to be reconciled. When the metadata management is automated, BI teams can instantly locate data and accurately trace points of origin. With this information in hand, they can provide the business with deeper insights and enhanced learnings. If the data wasn’t organized or managed properly, the business’s future strategy would be flawed and could result in great losses for the company.
Additionally, BI metadata management allows businesses to gain full control of their data governance. When large enterprises have more than one BI database, analysis tools, or ETL, the data must maintain its quality and no information can fall between the cracks. In order to remain compliant, BI teams must be able to trace the data’s flow and prove where each and every number is derived from on the report. This is essential when it comes to audits and regulations such as GDPR, BCBS 239, and CCPA, accuracy is key. With the correct BI metadata management in place, the integrity, consistency, and security of the data will remain intact.