Do your company need a Chief Data Officer or not?
With the explosion of technology and the value it brings to businesses, most companies have considered hiring a Chief Data Officer. CDOs now are in high demand in this era of big data.
What is Chief Data Officer?
According to Wikipedia, A Chief Data Officer (CDO) is a corporate officer responsible for enterprise-wide governance and utilization of information as an asset, via data processing, analysis, data mining, information trading and other means. CDOs usually report to the Chief Executive Officer (CEO), although depending on the area of expertise this can vary. The CDO is a member of the executive management team and manager of enterprise-wide data processing and data mining.
To be simply, a Chief Data Officer is a senior person, who understands the strategy and direction of the business, but their focus is on how to underpin that with data.
The role of a Chief Data Officer (CDO)
Scenarios in which a CDO is needed
The CDO Drives Enterprise Data Literacy
The Future of Data Jobs
When should you hire a CDO?
A good CDO makes data analysis worthwhile. Properly analyzed data enables companies to deploy intelligence-driven determination and confidence to tackle new projects and markets.
The value of a Chief Data Officer