Fueled by innovations in AI, IoT, and blockchain, digital transformation has been accelerating rapidly across industries. But as the world’s data is growing at the edge, the stark differences in digital equity and inclusion have become clear. Access to technology, underrepresentation within tech companies, and bias within technology itself contribute to this stark digital divide, says Janice Zdankus, vice president of strategy and planning and innovation for social impact at HPE.

From healthcare to manufacturing to agriculture, many organizations don’t have a handle on the data they generate. While data is being created quickly, companies often lack a strategy to organize, share and account for bias in their data. ”I think we see today that there's not an equitable exchange of data and those producing data aren't always seeing the value back to them for sharing their data,” says Zdankus.

Democratizing data access is key to bolstering data inclusion and equity but requires sophisticated data organization and sharing that doesn’t compromise privacy. Rights management governance and high levels of end-to-end security can help ensure that data is being shared without security risks, says Zdankus.

Ultimately, improving digital inclusion and equity comes down to company culture. “It can't just be a P&L [profit and loss] decision. It has to be around thought leadership and innovation and how you can engage your employees in a way that's meaningful in a way to build relevance for your company,” says Zdankus. Solutions need to be value-based to foster goodwill and trust among employees, other organizations, and consumers.

“If innovation for equity and inclusion were that easy, it would've been done already,” says Zdankus. The push for greater inclusion and equity is a long-term and full-fledged commitment. Companies need to prioritize inclusion within their workforce and offer greater visibility to marginalized voices, develop interest in technology among young people, and implement systems thinking that focuses on how to bring individual strengths together towards a common outcome.

This episode of Business Lab is produced in association with Hewlett Packard Enterprises.