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WAND Review July '23 Edition

The latest WAND Taxonomies, Glossaries, CDMs, and Updates


Table of Contents:



New Article: What Does an LLM Have to Say About Taxonomies for LLMS?


ChatGPT and Large Language Models are 𝘵𝘩𝘦 hot topic today as these tools become more prominent and integrated. What might ChatGPT have to say about taxonomies for LLMs? Our curiosity got the best of us, so we decided to just ask it. Read about our conversation now!


New Taxonomy: IT Certifications Taxonomy

In the fast-paced world of technology, where new advancements and skills emerge regularly, the number of IT certifications is growing constantly. The need for certified people is also growing constantly. Without a clear way to find people with the needed skills and certifications, organizations can find themselves in an extremely inefficient loop. This may even include hiring outside help when there may be employees who already have those same certifications within their own office!


Clearly, these inefficiencies can harm your business, but what is the solution? One answer lies in the WAND Information Technology Certifications Taxonomy. This taxonomy provides a metadata model which can be used to organize all of your employee's IT certifications and skills in one central place. Gone will be the days of hiring outside help when the skills are already locally available! As with all our taxonomies, this strong foundation metadata model can be customized to include additional terms relating to your specific needs or industry. (View Taxonomy)


Accounting Taxonomy Updates

WAND has added 1751 new terms to our Accounting Taxonomy! You can now find new terms like Cumulative Average Growth Rate, Payables Conversion Period Ratio, and Absolute Liquidity Ratio under Accounting Ratios. There was also a major update to the Marketable Securities tree which now includes terms like Treasury Bills, Banker's Acceptance, and Eurodollars.

This is just a small sample of the updates and additions made to this taxonomy. Please visit the portal for a full list. (View Taxonomy)

Human Resources Taxonomy Updates

WAND's Human Resources Taxonomy just got an update!! The most recent HR update added 515 terms. WAND has added additional terms to Workplace Harassment, Labor Disputes, and Company Equipment and Electronic Systems Policies. All of these additions aim to better support your HR department in their daily activities.


This is just a small sample of the updates and additions made to this taxonomy. Please visit the portal for a full list. (View Taxonomy)


Automotive Manufacturing Taxonomy Updates

Our Automotive Manufacturing Taxonomy just underwent a massive update, adding 1,729 terms to its library. You can now explore the full list of newly added terms by visiting our WAND Taxonomy Library Portal. This most recent update added newer engine types and engine components, as well as intelligent and smart systems that are becoming more popular in cars across the industry.


This is just a small sample of the updates and additions made to this taxonomy. Please visit the portal for a full list. (View Taxonomy)


What's in a Name?

Words can mean lots of different things depending on the context, audience, and industry. Understanding the differences and employing a company-wide glossary can avoid a lot of confusion in communications! Consider, if you will, the word...

Novel

  • A fiction book

  • Something new or original




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