--- title: 95% of Useful Business Data Isn't Used. Here’s the Solution description: Businesses use just 5% of the data they could be using. That's where intelligent folksonomy solutions step in to help you get the full use of your data. --- [Bismart Blog: Latest News in Data, AI and Business Intelligence ](https://blog.bismart.com/en) # [95% of Useful Business Data Isn't Used. Here’s the Solution](https://blog.bismart.com/en/intelligent-folksonomy-solutions) Written by [Maria Gorini](https://blog.bismart.com/en/author/maria-gorini) | Aug 30, 2017 10:00:00 PM **95%. That’s the percentage of useful business data that goes unused.** That might sound unbelievable. After all, what kind of business would choose to only use 5% of the information they have available? But the issue is not that businesses choose to limit themselves to 5%. The issue is that **they don’t have a way to access the other 95%.** **That’s because their data is unstructured**, meaning unorganized. Unstructured data means it’s nearly impossible to find the information you need. Luckily, there’s a fix:** intelligent folksonomy solutions.** ### **What is folksonomy?** Folksonomy is a way of organizing data using tags. Users add their own tags or labels to a piece of content. Then, you can check out the tags that have all been created using **natural language** and plenty of descriptions. Because folksonomy is **bottom-up**, you get a picture of all the data that you have, rather than trying to guess at what might be there. There are also **no hierarchies**, making it **flexible** to use. ### **Not so fast...** Though standard folksonomy is a useful tool,** there can be problems and confusion caused by its lack of linguistic control.** Maybe people are using lots of words to describe one piece of information. Or maybe you can’t easily separate out an acronym (SEAL) and from a word that means something totally different (“seal”). There can be **a lot of ambiguity** here, which means that you often can't get insights from your non-structured data. This is why there are **new, intelligent folksonomy solutions** to help you hone in on the exact information you need. ### **The next generation of folksonomy** Standard folksonomy provides lots of valuable information and data. Today's** new intelligent folksonomy tools allow you to get useful insights** from that data. These next-generation tagging systems take advantage of advances in technology to **give your data intelligent tags**. This goes a long way towards resolving many of folksonomy's problems, while still allowing you to benefit from its natural, intuitive language. [**Bismart’s intelligent folksonomy software** ](https://www.bismart.com/en/business-intelligence-solutions/folksonomy/)solves lots of the problems and confusion caused by a lack of linguistic control in standard folksonomy. Now, you can **pinpoint the exact information you need** - even if you have a huge amount of data. The software lets you merge synonyms, separate homonyms, add a technical or customized dictionary for your specific needs, and even reduce tags through a black list. Its **smart algorithms** also take into account errors and duplicate content. The tool is **user-friendly**, with features like a drag and drop menu to merge synonyms and an advanced search engine. It’s** quick and easy** to implement, and can be restructured in **real time** to fit your specific needs. There are multiple structuring options available to tailor to the tool to different requirements. You’ll be able to** rapidly get key insights from your non-structured data** using bottom-up tag definition, without the need for time-consuming manual labor to create and define tags and structures. Standard folksonomy provides lots of valuable information, and [Bismart’s Folksonomy](https://www.bismart.com/en/business-intelligence-solutions/folksonomy/) intelligence allows you to get useful insights from that data. ****** ### **Are you interested in seeing how [our Intelligent Folksonomy](https://www.bismart.com/en/business-intelligence-solutions/folksonomy/) can help your business? [Get in touch](https://www.bismart.com/en/contact/) with us today!**   ***Further reading:*** - [What’s the Difference Between Folksonomy and Taxonomy?](https://www.bismart.com/en/difference-between-folksonomy-and-taxonomy/) - [The 8 Best Text Analytics Systems Available](https://www.bismart.com/en/best-text-analytics-systems/) - [5 Real Examples of Folksonomy ](https://www.bismart.com/en/5-real-examples-of-folksonomy/)   [View full post](https://blog.bismart.com/en/intelligent-folksonomy-solutions) ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Maria Gorini" }, "dateModified" : "2024-02-15T13:21:06.706Z", "datePublished" : "2017-08-30T22:00:00Z", "headline" : "95% of Useful Business Data Isn't Used. 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