future of metadata [for publishers]

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Future of Metadata

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Slides from Ronald Schild's presentation in the Semantic Media Web Event (Sep 2013), about the different types of metadata that are relevant for publishers

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Page 1: Future of Metadata [for Publishers]

Future of Metadata

Page 2: Future of Metadata [for Publishers]

Vegan Cooking

69 new german publications on vegan cooking in 2013 (vlb.de)

Page 3: Future of Metadata [for Publishers]

How to find and decide?

Question: What‘s the crucial factor to find a book and for the right decision? classification, pages, cover, publisher, author, recommendation, bestseller

???

Question: What‘s the crucial factor to find a book and for the right decision?

Page 4: Future of Metadata [for Publishers]

Core Metadata

ISBN Title Author

Publisher Price Category

… Necessary to catalog and to list books

Page 5: Future of Metadata [for Publishers]

Enhanced Metadata

Cover Blurb Author Bio

Reviews Quotes Sample Chapters

… Marketing-related – relevant for sales

Page 6: Future of Metadata [for Publishers]

Metadata, Books and Customer

Bookseller • personal recommendations • professional guidance • limited selection in-store • use metadata for catalog

search • focus on content

limited growth

Webshops • no personal guidance • nearly all books are available

(huge selection) • use metadata to display books

and to automate recommendations

• focus on bestsellers and search

huge growth

Finding the appropriate book in view of readers‘

and customers‘ preferences

Page 7: Future of Metadata [for Publishers]

Wepshops optimized for Search

Results based on algorithms focused on keywords and metadata

Page 8: Future of Metadata [for Publishers]

Metadata & Discoverability

High quality metadata improve the chance of being found and being attractive for buyer

important for bookseller and webshops

catalog search catalog and SEO

Page 9: Future of Metadata [for Publishers]

Metadata and Sales

Today: Metadata sell books

Page 10: Future of Metadata [for Publishers]

Limits Rigid classification

Quality depends on editor

SEO is only based on keywords

Different metadata standards

Page 11: Future of Metadata [for Publishers]

Trends Semantic Analysis

Reader driven Content

Marketing Information

Single Point of Access

Page 12: Future of Metadata [for Publishers]

Trend #1: Semantic Analysis

Big Data

Semantic Technologies

Page 13: Future of Metadata [for Publishers]

Trend #1: Semantic Analysis

Processing Big Data

Analysing Content

Identifying core

concepts

Semantic Analytics

Page 14: Future of Metadata [for Publishers]

Trend #1: Semantic Analytics

Automated Text Analytics

• system generated summary Summarisation

• text style (e.g. neutral, positive, negative) Semantic Classification

• catategorize content • define the content to find the right connection to

similiar content

Qualitative Analysis (content - context -

connection)

Page 15: Future of Metadata [for Publishers]

Trend #2: Reader driven Content

Nowadays there is more content outside of a book than inside it.

Page 16: Future of Metadata [for Publishers]

Trend #3: Marketing Information

Real-time relevant marketing information – e.g. TV appearance or awards

Page 17: Future of Metadata [for Publishers]

Trend #4: Single Point of Access

All relevant metadata are collected and stored in one database

Booksellers get information from one source (in realtime)

Page 18: Future of Metadata [for Publishers]

Metadata & Attractiveness

High quality metadata improve the chance of being found and being attractive for buyer

In the Future: Metadata are going to be more valueble for sales

(target- and demand-oriented offerings)

Page 19: Future of Metadata [for Publishers]

Challenge of aggregating Metadata

Big Data

Many different Sources

Scalable and automated Technologies

Interfaces

Tools for Social Media Monitoring

Page 20: Future of Metadata [for Publishers]

Solution

One database to collect and to provide all available metadata on books

We are working on it: VLB+

Page 21: Future of Metadata [for Publishers]

Publisher

Personal Recommendations

Market Data & Statistics

Marketing Services

E-Books A-Books

Booksellers Readers

Statistics & Search

Market Data Bibliographic and

enhanced Metadata

Reviews

Recommendations

Stocks

Awards

Bestsellers

Algorithms

Reviews

Recommendations

Ratings

Order volumes

Market Research

Publisher

Page 22: Future of Metadata [for Publishers]

Vegan Cooking?

Question: What‘s finally the right cook book for YOU? Technology and metadata meet to bring you…

Page 23: Future of Metadata [for Publishers]

Pork & Sons

The definitive cookbook by the world's leading pork connoisseur

Page 24: Future of Metadata [for Publishers]

Questions & Discussion