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  • Writer's pictureShawna Applequist

WANDReview Apr '24 Edition

The latest WAND Taxonomies, Glossaries, CDMs, and Updates

From RAGs to Riches: How Retrieval Augmented Generation is Improving LLMs

Large Language Models (LLMs) are at the forefront of artificial intelligence (AI) research and application. LLMs are invaluable across a wide range of fields due to their ability to understand, interpret, and generate human language in a way that is both meaningful and contextually relevant. As the desire to implement these types of systems in numerous sectors grows, so does the demand for LLMs to provide accurate, reliable, and relevant information. The quality of information provided by LLMs can have significant real-world consequences. The expectation is not only for LLMs to understand and generate text but also to provide insights that are factually correct, up-to-date, and directly applicable to the user's needs. KEEP READING

Information Technology Taxonomy Update

WAND frequently updates their Information Technology Taxonomy to closely reflect the most current trends and innovations in this important sector. This is why WAND recently added nearly 500 new terms! Like all our taxonomies, this robust foundational metadata model can be customized to incorporate additional terms that cater specifically to your unique needs. Please visit the WAND Taxonomy Library Portal for a comprehensive list of all the updates and to download the Information Technology Taxonomy Update into your system.

Property & Casualty Insurance Update

Property and Casualty Insurance is also an ever-changing industry that demands constant vigilance and adaptation. By continuously adding new terms, WAND strives to provide a taxonomy that throughly serves the nuanced needs of this sector. As with all our taxonomies, this metadata models is strong yet flexible, designed to be customized with additional terms that are pertinent to your specific operational needs. Please visit our portal to view the full list of changes and to download the update into your system.

Medical Administration Taxonomy Updates

WAND also updated the Medical Administration Taxonomy this month, adding 476 new terms and synonyms. The updates ensure our taxonomy mirrors the most up-to-date information available. By frequently updating our medical administration taxonomy, we can better support the administrative aspects of your healthcare organization. This taxonomy can also be tailored to include additional terms that address particular requirements. You can visit the portal today to view all updates and download this delta file to be imported into your system.

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...


  • A large machine used to move heavy objects via suspension from a beam

  • To stretch out one's body or neck to see something

  • A tall, long-legged, long-necked bird

WANDReview APR24
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