The economy is certainly having some severe problems on many fronts, and many businesses are looking for ways to improve their long term viability and short term productivity. Investing in interoperable data infrastructure is a very solid investment.
Like the adoption of the shipping container, the use of structured, interoperable data will have some immediate benefits in terms of easing sharing and accessing information. The real payoffs will come as this creates a cumulative effect and begins to impact software design. Software applications that plug together like Legos through defined data sets can be rapidly deployed and morphed as business requirements change; far better than legacy systems that need extensive, custom interfaces to be developed before any synergies can be obtained.
If you are a business owner, a CIO, deal with massive amounts of data, or an information architect, you need to be thinking about this as a critical element of your strategy over the next 5-10 years.
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