Over the past decade, chief data officers (CDOs) have been increasingly recognized for the value they bring to an enterprise. In fact, 65% of companies now have a CDO, a major increase from 12% in 2012. CDOs today are responsible for all of an organization’s data strategies, from data management to governance to privacy and analytics. As more enterprises rely on data for decision making — one recent study finds 77% of US companies are leveraging some form of business analytics — CDOs are more responsible for monetizing their companies’ data.
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Source: News