Building Trust in Data: Transparency, Collaboration, and Governance for Successful AI

"So you want trusted data, but you want it now? Building this trust really starts with transparency and collaboration. It's not just technology. It's about creating a single governed view of data that is consistent no matter who accesses it, " says Errol Rodericks, Director of Product Marketing at Denodo.In this episode of the 'Don't Panic, It's Just Data' podcast, Shawn Rogers, CEO at BARC US, speaks with Errol Rodericks from Denodo. They explore the crucial link between trusted data and successful AI initiatives.  They discuss key factors such as data orchestration, governance, and cost management within complex cloud environments. We've all heard the horror stories – AI projects that fail spectacularly, delivering biased or inaccurate results. But what's the root cause of these failures? More often than not, it's a lack of focus on the data itself. Rodericks emphasises that "AI is only as good as the data it's trained on." This episode explores how organisations can avoid the "garbage in, garbage out" scenario by prioritising data quality, lineage, and responsible AI practices.  Learn how to avoid AI failures and discover strategies for building an AI-ready data foundation that ensures trusted, reliable outcomes. Key topics include overcoming data bias, ETL processes, and improving data sharing practices.TakeawaysBad data leads to bad AI outputs.Trust in data is essential for effective AI.Organisations must prioritise data quality and orchestration.Transparency and collaboration are key to building trust in data.Compliance is a responsibility for the entire organisation, not just IT.Agility in accessing data is crucial for AI success.Chapters00:00 The Importance of Data Quality in AI02:57 Building Trust in Data Ecosystems06:11 Navigating Complex Data Landscapes09:11 Top-Down Pressure for AI Strategy11:49 Responsible AI and Data Governance15:08 Challenges in Personalisation and Compliance17:47 The Role of Speed in Data Utilisation20:47 Advice for CFOs on AI InvestmentsAbout DenodoDenodo is a leader in data management. The award-winning Denodo Platform is the leading logical data management platform for transforming data into trustworthy insights and outcomes for all data-related initiatives across the enterprise, including AI and self-service. Denodo's customers in all industries all over the world have delivered trusted AI-ready and business-ready data in a third of the time and with 10x better performance than with lakehouses and other mainstream data platforms alone.

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