The chief data officer role has been taking organizations by storm.
Capital One appointed the first chief data officer (CDO) in 2002. Only a few organizations followed suit in the decade that followed, but NewVantage Partners’ Big Data Executive Survey 2018 found that 62.5 percent of senior Fortune 1000 business and technology decision-makers said their organization had appointed a chief data officer.
The chief data officer oversees a range of data-related functions that may include data management, ensuring data quality and creating data strategy. He or she may also be responsible for data analytics and business intelligence, the process of drawing valuable insights from data. Or some data management functions may fall to IT, and analytics may belong to a chief analytics officer, a title that some say is interchangeable with chief data officer.
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Source: News