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Data Classification

Data classification is the categorization of data or categorizing of items in a logical and hierarchical order for its most effective and efficient use. This is the must exercise for every company to strengthen the roots of data as it plays the vital role of data protection throughout its lifetime.

Classification serves multiple purposes; if it is implemented effectively it gives better results on IT efforts towards data security and accessibility. This also helps in the development of chargeback model for storage

Results of data classification:

Easy access to data
Improves spend visibility and purchasing process
Standard coding reduces duplicates
Data synchronization and process flow integration
Legitimate categories to facilitate the business
Drill down and Roll up analysis
Effective and efficient data management
Relate business rules to data classes
Enhanced data quality
Optimize data storage

NisargaSoft provides manageable set of classifications that suits your business needs in all major global standard schemas like UNSPSC (United Nations Standard Products and Services Code), eCl@ss, eOTD, NAICS, CPV, SIC and many more to obtain tangible results. We also offer custom taxonomy development and schema mapping services.

Click here for more information of our UNSPSC Classification services.

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