Metadata is data about data. Metadata comes into picture when we need to know about how data is stored and where it is stored. Metadata tools are helpful in capturing business metadata and the following section explains business metadata.
In IT, Business Metadata is adding additional text or statement around a particular word that adds value to data. Business Metadata is about creating definitions, business rules. For example, when tables and columns are created the following business metadata would be more useful for generating reports to functional and technical team.
The advantage is of this business metadata is whether they are technical or non-technical, everybody would understand what is going on within the organization.
Table’s Metadata: While creating a table, metadata for definition of a table, source system name, source entity names, business rules to transform the source table, and the usage of the table in reports should be added in order to make them available for taking metadata reports.
Column’s Metadata: Similarly for columns, source column name (mapping), business rules to transform the source column name, and the usage of the column in reports should be added for taking metadata reports.