General Business Taxonomy

The WAND General Business Taxonomy is a basic foundation set of terminology for any business covering five major business functional areas that are common to every company: IT, Legal, HR, Accounting and Finance, and Sales and Marketing. The General Business Taxonomy, with over 500 terms, is an easy way for companies to begin to use taxonomy with common and familiar terminology for any business. For many companies, the General Business Taxonomy is a terrific starting point to begin creating their own term sets.

In conjunction with the Microsoft SharePoint Team, the WAND General Business Taxonomy is available as a free download for users of SharePoint 2021, SharePoint 2013, and SharePoint Online**. Since it was created, more than 6,000 companies around the world have downloaded this taxonomy.

General Business Taxonomy

More Taxonomy Information

WAND is the industry leader in developing and providing pre-built foundation taxonomies to companies around the world to improve organization, tagging, and search of unstructured and semi-structured information.

Turn any taxonomy project from a challenging build to a simple edit. Available in formats to support multiple enterprise applications, WAND Foundation Taxonomies jump-start any taxonomy initiative and are available for every industry vertical and business function.

There are more than 150 common enterprise applications that can use taxonomy covering categories like Artificial Intelligence, Search, B.I. Analytics, Big Data, Records Management, Data Mining, Knowledge Graphs, Predictive Analytics, CRM Client Classification, Expertise Identification, Document Tagging, and Sentiment Analytics.

 

The WAND Taxonomies  are foundation taxonomies, meaning they are designed to provide a strong starting point which can then be customized for the needs of a specific business. It’s difficult to find a taxonomy that will be a perfect fit for your needs straight out of the box, so foundation taxonomies are a great place to start because they can provide an initial 80% starting point and jumpstart. With foundation taxonomies, the time spent developing taxonomy is dramatically reduced. Foundation taxonomies provide a common-sense starting point for all stakeholders in a taxonomy project so that targeted feedback can be provided to customize the taxonomy specifically for your needs.

 

WAND has professional services and related tools to help customize these foundation taxonomies. Be sure to visit our news feed to learn about updates to individual taxonomies in the catalog.