I understand from other conversations that the Technopedia Taxonomy comes from an NIST standard. Wondering if you can share which standard that is? We use Oracle Procurement at my company and it would be great if we could ensure we have the same taxonomy in both sysems. Either by having Oracle consume the NIST standard directly or by feeding the taxonomy from Flexera to Oracle. Could the latter be done via a business adapter?
The taxonomy is the structural cornerstone of the dataset that underpins Technopedia. It provides the first layer of organization which allows users to make meaningful comparisons on software and hardware products across publishers/manufacturers. It also provides a high level summary of a product’s characteristic, what function it performs and, to some extent, what capabilities it has as well as the underlying technologies it is built upon.
Technopedia Taxonomy system is drawn from the collective knowledge assembled in several sources including well-established taxonomy systems from trusted organizations, reliable websites and distinguished experts such as Gartner, Forrester, UNSPSC, CNET, Wikipedia, NIST, and a few others. What makes Technopedia Taxonomy superior to those other taxonomy systems is the fact that it’s tailored to meet Flexera customers’ use-cases within the context of IT as opposed to trying to cater to wide array and generic use-cases.
The level of granularity, the breadth and depth of the categories, the ability to dynamically adjust to changes in customers’ needs as well as market and industry changes lend even more advantages to Technopedia Taxonomy. The process upon which a product is being assigned the right category is done through the understanding of the product, referencing how the publisher/manufacturer intends to position the product in the market, as well as taking the cue on how the market (and the industry) position the product amongst its peers and competitors. @Resnofendri
