Professionals from the Fields of Industry, Government, University, and Academia Discuss at the Summit and Offer Suggestions to Build Taiwan's Data Sharing Ecosystem. III: The Transformation of Organizations and Enterprises Begins with Data Governance.

Caption: In response to the trend of global digital transformation, on September 2nd , the Institute for Information Industry held a seminar and summit forum on " Data-Driven Transformation into Great Future". The picture shows the organizer and the distinguished guests took a the group photo together. From the left: III Executive Vice Presidents Ren-Dar Yang, Taiwan AI Academy Chancellor Ming-Shun Tsai, DSP cofounder and CEO Chia-Kai Liu, Research Center for Information Technology Innovation (CITI) of Academia Sinica Director Yen-Nun Huang, Digital Transformation Association (DTA) Chairman Jen-Ran Chen, III Chairman Chih-Kung Lee, III President Cheng-Hung Cho, InSynerger Technology Deputy General Manager Ming-Hui Feng, III Executive Vice Presidents Po-Jen Hsiao.


Caption: The first forum of the "Data-Driven Transformation into Great Future" seminar focused on the construction of an environment under data governance. The picture shows a group photo of the forum guests. From left to right: III Digital Education Institute (DEI) Director Yu-Cheng Chang, DSP cofounder and CEO Chia-Kai Liu, Digital Transformation Association (DTA) Chairman Jen-Ran Chen, III Executive Vice Presidents Po-Jen Hsiao, and III Science and Technology Law Institute (STLI) Director Harvey Hung-Yi Hsiao.


Caption: The second forum of the "Data-Driven Transformation into Great Future" seminar was themed on innovative applications driven by data. The picture shows all forum guests took a group photo. From the left: III Software Technology Institute (STI) Deputy Chief Te-Lu Tsai, III Cyber Trust Technology Institute(CTTI) Chief Te-En Wei, InSynerger Technology Deputy General Manager Ming-Hui Feng, Research Center for Information Technology Innovation (CITI) of Academia Sinica Director Yen-Nun Huang, Taiwan AI Academy Chancellor Ming-Shun Tsai, III Executive Vice Presidents Ren-Dar Yang, and III Digital Transformation Research Institute (DTRI) Group Leader Li-Chi Wu.

Global enterprises value highly of the development of big data, and the effective use of data is a key to the success of digital transformation. The Institute for Information Industry (III), a legal person that recently dedicated to developing third-party services, held a summit forum on "Data-Driven Transformation into Great Future" on September 2 to have foresight on the key annual issue of digital transformation "Data Governance" and to guide Taiwanese businesses and organizations to jointly create a complete and secure data sharing ecosystem. III Chairman Chih-Kung Lee indicated that perfect data governance is the basis for the digital transformation of enterprises and society and the success of driving innovation. Enterprises and organizations not only need to have digital technology to support transformation, but also must be able to effectively use data so as to transform successfully.

Audrey Tang, Minister of the Ministry of Digital Affairs, filmed a video to support the event, mentioning that data governance is the core of public digital resilience, and it is also an important driving engine for enterprise digital transformation. Among the topics of data governance, Audrey Tang specifically mentioned that the development of data altruism is one of the most important tasks of the Ministry of Digital Affairs. Minister Tang expressed that it is welcoming trend to see that the Institute for Information Industry pays attention to data governance, and from the perspective of data altruism, III emphasizes on the basic engineering of data governance and puts forward the initiative of data-driven transformation. Minister Tang expects that III will play the role perfectly as a promoter of data ecosystem. Audrey Tang also pointed out that in the future, the Administration for Digital Industries of Ministry of Digital Affairs will work closely with the Institute for Information Industry (III), hoping to promote the digital transformation of the industry and demonstrate Taiwan's value to the world. It is expected that the collaboration between the two organizations could further drive digital transformation of the industries in Taiwan and demonstrate Taiwan's value to the world.

As a Third-party Facilitator, III Helps Create a Sound and Trustworthy Data-Sharing Environment
The iterative development of technology promotes the rapid growth of data volume. III President Cheng-Hung Cho pointed out that not only is data governance within the organization necessary, but also the safe reuse of data across organizations because the value of many data is created through data sharing in the ecosystem, not by a single company or department. Cheng-Hung Cho emphasized that "trust" is the key to the successful establishment of a data ecosystem. "In the face of issues like data trust, data security and data privacy, it is necessary to establish a data governance framework that promotes the collaboration and trustworthy environment of all participants to ensure that all participants can benefit from it fairly, so as to form a sustainable and positive ecosystem."

In recent years, data intermediary organizations have emerged to assist in the management and control of data, release data to data users for innovation without compromising personal privacy, and shape a new data governance framework. In order to continuously expand mutual trust in the ecosystem, mechanisms such as standards and third-party certification will be indispensable.

Cheng-Hung Cho indicated that since 2018, the Institute for Information Industry (III) has shouldered the task of "Digital Transformation Enabler " in Taiwan. In the future, III will become a third-party promoter and continue to assist in the improvement of the ecosystem, promote the development and competition of data intermediary services, cooperate with key players in the industry to promote standard certification, facilitate the development of data skills in the society,
and fill technology gaps between different areas, etc. Further, III will dedicate to driving the engagement of and collaboration with various stakeholders
while improving asymmetric resources and challenges between participants. At present, III has accomplished many tasks in the four major aspects, including legal adjustment, technology research and development, innovative application, and ecological cooperation.

In order to lead more enterprises and organizations to collectively participate and get opinions from all fields, including industry, government, academia, and research, III invites 5 important professionals to discuss in great detail on the two major topics of "Environmental Construction under Data Governance" and "Innovative Applications Driven by Data", including Digital Transformation Association (DTA) Chairman Jen-Ran Chen, DSP cofounder and CEO Chia-Kai Liu, InSynerger Technology Deputy General Manager Ming-Hui Feng, Research Center for Information Technology Innovation (CITI) of Academia Sinica Director Yen-Nun Huang, and Taiwan AI Academy Chancellor Ming-Shun Tsai. With the discussion hosted by the two Executive Vice Presidents of the Institute for Information Industry Po-Jen Hsiao and Ren-Dar Yang, the panelists analyzed how enterprises can construct the correct data utilization environment and cultivate talents, make good use of data sharing and collaboration, create innovative data applications, and drive successful digital transformation.

"Data Literacy" to Be the Critical Skill for Talent Cultivation in Future Enterprises
Po-Jen Hsiao indicated that most enterprises and organizations are still facing a huge gap in data thinking as well as data skills. When enterprises and organizations have more and more available data, if they want to further enhance the value of data in the digital economy, they not only need to have analytical technology, but also help professionals within the enterprises and organizations develop "data literacy" capability, one of the key elements for transforming data into value. Po-Jen Hsiao emphasized that enterprises and organizations must assist talents in cultivating data literacy through complete assessment, training and certification issuing, and empower employees with the ability to correctly analyze and use data, so that they can then raise correct questions through the process of data application, and ultimately come up with correct decisions and policies.

In the era of digital economy, the most precious asset is data. In the first forum, "Environmental Construction under Data Governance", Chairman Jen-Ran Chen pointed out that the government and business organizations have long recognized the importance of data governance. However, compared with before and after the pandemic, the proportion of digital transformation policies within enterprises and organizations has hardly increased. It can be seen that how to promote data governance within each enterprise is a mutual problem for everyone. Prior to this, it is necessary to empower professionals within each company with data literacy capability so that they can understand what good data are, how to gain pleasing application benefits, and whether there is perfect protection when it comes to sensitive data. CEO Chia-Kai Liu specifically mentioned that enterprises or organizations must be extremely transparent in the process of data collection and quality management, such as importing data profiles and conducting systematic management, which is conducive to subsequent data integration and sharing.

In fact, data collection professionals need to consider whether the data collected are standardized, so that these data can be compatible, combined, or easily maintained and operated by an effective management method. Further, while using the data, the industry-wide framework standards should be followed to make the data ready for further value-added applications. Therefore, in the future, the Institute for Information Industry will promote and assist the industry in establishing a knowledge management center as a third-party cooperation organization. By exploring sound practical methods and assisting in formulating standards after these methods become gradually mature, III will then act as
an inspection tool provider so as to provide talent cultivation programs for software and hardware skills, and cultivate future innovative R&D talents for small and medium-sized enterprises.

Legal and Compliant Data Drives Innovation, Creates Economic Value, and Solve Social Problems.
Ren-Dar Yang pointed out, "In the environment of data collaboration and governance, establishing a reliable information security plan is an essential driving force for the development of digital society and the breeding of innovation." Trust is the foundation of data circulation, so the forum also proposed practical application cases of data governance in the field of finance, sports, health, and smart medical materials. When data is collaboratively and innovatively applied, it is only by establishing a legal and reliable information security process that the three parties in the ecosystem can reach a consensus on mutual data trust, including supervisory authorities and assessment agencies, enterprises and supply chains, customers and public opinion. Then, there is the opportunity to establish a comprehensive data management ecosystem, create industrial economic value, as well as realize corporate social responsibility and sustainable management.

The second forum was focused on "Innovative Applications Driven by Data". Director Yen-Nun Huang expressed that the purpose of talking about data governance is mainly for digital transformation, and the reason for the high failure rate of transformation is not only a technical problem, but also, more importantly, human and company cultural factors. First of all, corporate decision makers must be determined to implement the digital transformation project and set up a dedicated digital development department within the company to formulate norms so as to drive the company towards data governance; the same is true for national data governance, and Estonia's approach to a digital country is a good example. In addition, in the face of data de-identification, there will be different methods according to different purposes. If it is done well, data users will have the opportunity to link a lot of data, so that organizations and countries can generate more data value. Only then can the goal a successful digital transformation be achieved.

Taiwan AI Academy Chancellor Ming-Shun Tsai indicated that the importance of data governance is as essential as sewer engineering. It is not easy to be seen, but nothing can be done without it. Additionally, data governance itself is not an unchanged subject through the ages, but one will evolve repeatedly with the changes of the times and the needs of countries, enterprises, and customers, resulting in different data governance issues. Ming-Shun Tsai suggested that to solve the trust problem, it would be a great approach for the government to take the lead. By encouraging the private sector to share data, the government could gradually create a trustworthy environment.

InSynerger Technology Deputy General Manager Ming-Hui Feng took the US government as an example. By providing economic incentives, the government makes the public more willing to share data on the premise that their information is protected and secured. He also gave his opinions from the perspective of the global net-zero carbon emission industry chain, pointing out and discussing that many times, this issue cannot only be viewed from the perspective of the internal transformation of a single enterprise, but needs to be viewed from the perspective of cross-industry integration. Therefore, in the future, organizations playing the role as an impartial third-party will be necessary to assist in various tasks such as confirming the correctness of data, etc.

In the future, digital transformation will be the most important issue for Taiwan and its industry. Just as the Institute for Information Industry (III) successfully assisted Taiwan in building an environment for the information industry, III expects that by acting as the neutral and credible role of a third-party cooperating organization, it will help improve the trust of the data governance environment and make up for the gaps in the ecosystem, and ultimately achieve the success of the digital transformation for Taiwanese society.
 
【Media Contact】
Center for Marketing Strategy (III)
Joy Yen Tel: (02) 6631-8635 joyyen@iii.org.tw
Ying Shen Tel: (02) 6631-8643 yingshen@iii.org.tw
Esther Huang Tel: (02) 6631-8641 estherhuang@iii.org.tw