12/08/2017

Data in the C-Suite

The role of chief data officers are on the rise

If you haven’t made room for a data pro in your C-suite, now’s a good time to look into it.

At least that’s what Gartner is saying. In the latest edition of its chief data officer survey, Gartner makes the argument that chief data officers (or leaders with similar roles and different titles, like chief analytics officer) have the potential to offer major value to a given organization.

The role is becoming more popular overall, with 57 percent of respondents holding a formal CDO title, up from 50 percent just a year ago. Additionally, nearly half of organizations surveyed (47 percent) have a dedicated CDO office, which is more than double the findings just a year ago. With the expanded role comes an expanded budget, with many CDO offices having an average of $8 million to spend, and some seeing budgets as high as $20 million.

Please click here to read the complete article from Associations Now.