Every large corporation's business and IT leaders would love to be able to point to a unified master data management and metadata resource, a universal business object model, a library of process maps and an authoritative single source of consistent governing policies. Imagine a global, intelligent repository where all definitions are current and resolved, and all policies are clear and transparent. Envision no policy conflicts or business rules contradictions, and no imaginable circumstance is incapable of being resolved. Imagine an active distillation of a corporate entity's structural intellectual capital that could be used to guide, act and mediate. What if any business event could be described in consistent and unequivocal semantic statements that were immediately reusable?

Maybe such a system exists somewhere in a parallel universe, but where most of us work, this is largely a nostalgic aspiration. Yet it is a goal that drives us. We want control, encyclopedic clarity, certainty and an assurance that we can govern business events directly.

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