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.