Better Together! Dalet Acquires Ooyala Flex Media Platform business.
Followers of Bruce’s Shorts may remember an early episode on the Secrets of Metadata where I talked about concentrating on your metadata for your business, because it adds the value that you need. It seems the world is catching onto the idea of business value of metadata, and I don’t even have to wrestle a snake to explain it!
Over the last 10 years of professional media file-based workflows, there have been many attempts at creating standardized metadata schemes. A lot of these have been generated by technologists trying to do the right thing or trying to fix a particular technical problem. Many of the initiatives have suffered from limited deployment and limited adoption because the fundamental questions they were asking centered on technology and not the business application.
If you center your metadata around a business application, then you automatically take into account the workflows required to create, clean, validate, transport, store and consume that metadata. If you center the metadata around the technology, then some or all of those aspects are forgotten – and that’s where the adoption of metadata standards falls down. Why? It’s quite simple. Accurate metadata can drive business decisions that in turn improves efficiency and covers the cost of the metadata creation.
Many years ago, I was presenting with the head of a well-known post house in London. He stood on stage and said in his best Australian accent “I hate metadata." You guys want me to make accurate, human oriented metadata in my facility for no cost, so that you guys can increase your profits at my expense.” Actually he used many shorter words that I’m not able to repeat here J. The message that he gave is still completely valid today:
If you’re going to create accurate metadata, then who is going to consume it? If the answer is no one, ever, then you’re doing something that costs money for no results. That approach does not lead to a good long-term business.
If the metadata is consumed within your own organization, then you ask the question: “Does it automate one or many processes downstream?” The automation might be a simple error check or a codec choice or an email generation or a target for a search query. The more consuming processes there are for a metadata field, the more valuable it can become.
If the metadata is consumed in a different organization, then you have added value to the content by creating metadata. The value might be expressed in financial terms or in good-will terms, but fundamentally a commercial transaction is taking place by the creation of that metadata.
The UK’s Digital Production Partnership and the IRT in Germany have both made great progress towards defining just enough metadata to reduce friction in B2B (business to business) file transfer in the broadcast world. Cablelabs continues to do the same for the cable world and standards bodies such as SMPTE are working with the EBU to make a core metadata definition that accelerates B2B ecommerce type applications.
I would love to say that we’ve cracked the professional metadata problem, but the reality is that we’re still half way through the journey. I honestly don’t know how many standards we need. A single standard that covers every media application will be too big and unwieldy. A different standard for each B2B transaction type will cost too much to implement and sustain. I’m thinking we’ll be somewhere between these two extremes in the “Goldilocks zone,” where there are just enough schemas and the implementation cost is justified by the returns that a small number of standards can bring.
As a Media Asset Management company, we spend our daily lives wrestling with the complexities of metadata. I live in hope that at least the B2B transaction element of that metadata will one day be as easy to author and as interoperable as a web page. Until then, why not check out the power of search from Luc’s blog. Without good metadata, it would be a lot less exciting.