We should first understand what exactly is meant by taxonomy. Taxonomy is defined as the science of classification of information according to a pre-determined system and the catalog that is created by applying this classification is then used to provide a conceptual framework for farther discussion, analysis or retrieval of information. The word ' taxonomy' has been derived from two Greek words 'taxis' (meaning arrangement or division) and 'nomos' (meaning law).

To develop a good taxonomy one will have to take into consideration the importance of separating elements of a group, known by the term 'taxon', into sub groups, known as 'taxa', that are mutually exclusive and unambiguous. When all of them are considered together, all possibilities would be taken care of. To develop a good taxonomy, it should be simple, easy to remember and to use.

One of the earliest application of the principle of taxonomy was made by the Swedish scientist Carl Linneaus when he used for the classification of all living beings, whether plants or animals. The scientists are still using this taxonomy after making some modifications to it. The principle of taxonomy is being widely used for web designing, where taxonomies are being created to classify topics found on a web site in terms of categories and subcategories.

Availability of information is increasing everybody exponentially. In fact, we sometimes suffer from information overload. In such an scenario, to enable us to retrieve a piece of information very quickly from the vast sea of information available to us is a very challenging task. It would require development of an effective taxonomy to store this vast amount of information. Therefore, it would be important for us to develop a suitable taxonomy to efficiently classify and then organize all the information to an organization to enable them to access relevant information very quickly. You must have understood by now that it is a very complex and difficult task for any large organization. To carry out the task effectively would require a lot of time in correlating, categorizing and analyzing all the information available to the organization, which many company is unable to spare. To help these companies, a number of has been developed.

The taxonomy software provides help to provide connection between different pieces of relevant information that is lying in different parts of the dataset so that the relevant information could be provided without any undue delay. Providing help in quick retrieval of information, taxonomy software provides help to a company to take a business decision with minimum loss of time. Taxonomy software provides help to a company to have collective view of all the information available to it but stored in diverse locations and then organize the information systemically as per the requirement of the company. One of the advantages of using taxonomy software would be the better ability of search navigation whatever search engine has been used.