The growing importance of data in a company’s operations has made trust in data a critical issue, especially as organizations gather more information. Building trust in data involves several key steps to ensure its reliability and usefulness in decision-making.

The first step in establishing trust in data is to ensure that the entire data supply chain understands the crucial role data plays in every operation. This awareness is vital for fostering a data-centric culture within the organization.

The second step focuses on data accuracy and eliminating restrictions on the volume of data required for achieving accuracy and performance in actions. Embracing larger datasets and removing limitations can lead to more robust and reliable insights.

The third step centers around building trust through the ability to replicate and validate all analytics and actions taken based on data. By ensuring the reproducibility of results, organizations can bolster the credibility of their data-driven initiatives.

In a data-driven world, the benefits of utilizing data for innovation and growth outweigh the associated risks. To truly embrace the potential of data, organizations must trust their analytics and prioritize data-focused operations that align with their business goals.

Understanding Data Trust:

Data trust refers to the confidence in the health and reliability of the accumulated organizational data. It plays a crucial role in successful data utilization, alongside a data-centric culture and agility. Trust empowers organizations to optimize operations, enhance consumer experiences, streamline decision-making, and drive innovation. However, data trust must be earned and quantified, requiring proof of reliable analytics and well-informed business decisions before complete confidence can be placed in an organization’s data.

Building Data Trust:

Many organizations struggle with transitioning from experience-driven decision-making to data-driven decision-making due to a lack of trust. Executives and employees fear that this shift might undermine their value within the organization. As businesses increasingly adopt AI and machine learning-powered models for real-time and automated actions, data takes center stage. Therefore, building trust in data becomes crucial to facilitating this transformation.

In conclusion, trust in data is a foundational element for successful data-driven decision-making. Organizations must focus on fostering data-centric cultures, embracing larger datasets for improved accuracy, and ensuring replicability of analytics to build a reliable and trusted data environment. By doing so, businesses can fully leverage the potential of data to drive innovation, growth, and competitive advantage in today’s dynamic and data-centric landscape.

Top 100 Forbes Chinese celebrities 2019/2020

#1 Jackson Yee (Yiyang Qianxi)

#2 Xu Zheng

#3 Zhou Dongyu

#4 Jay Chou

#5 Lay Zhang (Zhang Yixing)

#6 Yang Mi

#7 Zanilia Zhao (Zhao Liying) - co-star

#8 Kris Wu (Wu Yifan)

#9 Wang Yibo +62

Singer, actor, dancer, motorcycle racer

In “Being A Hero” Wang Yibo will also take on the main lead, who is a police force member who overseas the fight against drug trafficking. However, in daily life, he remains the shy and adorable boy who loves racing and dancing very passionately.

#10 Karry Wang (Wang Junkai)

#11 Dilraba Dilmurat

#12 Zhu Yilong

#13 Yang Zi

#14 Victoria Song (Song Qian) - co-star

#15 Lu Han

#16 Angelababy

#17 Hua Chenyu

#18 Turbo Liu (Liu Haoran)

#19 Li Xian

#20 Li Jiaqi

#21 Tamia Liu (Liu Tao)

#22 Jiao Zi (Yu Yang)

#23 Wu Jing

#24 Hu Ge

#25 Sun Li (Susan Sun)

#26 Wang Kai

#27 Zhang Weili

#28 Shen Teng

#29 Liu Shishi

#30 Crystal Liu (Liu Yifei)

#31 Cai Xukun

#32 Zhang Ruoyun

#33 Roy Wang (Wang Yuan)

#34 Deng Lun

#35 Jing Boran

#36 Johnny Huang (Huang Jingyu)

#37 Z.TAO (Huang Zitao)

#38 Viya (Wei Ya)

#39 Li Yuchun

#40 William Chan

#41 Jackson Wang (Wang Jiaer)

#42 Zhou Shen (Charlie Zhou)

#43 Li Yifeng

#44 Yang Yang

#45 Song Weilong

#46 Zhou Zhennan

#47 Leo Wu (Wu Lei)

#48 Huang Xuan - co-star

#49 Zhang Yishan

#50 Luo Jin

#51 Tiffany Tang (Tang Yan)

#52 Huang Bo

#53 He Jiong

#54 Louis Koo (Koo Tin Lok)

#55 Tong Liya

#56 Wei Daxun

#57 Wu Lei (soccer player)

#58 Donnie Yen

#59 Li Ronghao

#60 Sandra Ma (Ma Sichun)

#61 Lei Jiayin

#62 Xiao Yang

#63 Jin Dong

#64 Pan Yueming

#65 Zhou Xun - co-star

#66 Liu Wen

#67 Peng Yuchang

#68 Bai Yu

#69 Greg Hsu (Greg Han)

#70 Ni Ni

#71 Gabrielle Guan (Guan Xiaotong)

#72 Li Qin

#73 Ouyang Nana

#74 Jessie Li (Chun Xia)

#75 Xie Na

#76 Huang Xiaoming

#77 Zhang Jiayi

#78 Zhang Ziyi

#79 Mao Buyi

#80 Yang Chaoyue

#81 Zhang Zifeng

#82 Zheng Shuang

#83 Arthur Chen (Chen Feiyu)

#84 Ju Jingyi

#85 Jason Zhang (Zhang Jie)

#86 Elaine Zhong (Zhong Chuxi)

#87 Qin Hao

#88 Lang Lang

#89 Li Chen

#90 Andy Lau

#91 Jackie Chan

#92 Sally Jing (Jing Tian)

#93 Jia Ling

#94 Eddie Peng

#95 Aaron Kwok

#96 Wang Baoqiang

#97 Deng Chao

#98 Regina Wan (Wan Qian)

#99 Guo Qilin

#100 Bai Jingting