It is widely understood now that data drives business success. Data today is understood as a strategic asset – a critical ingredient for business innovation, and the currency for digital transformation. Data is now increasingly “owned” by business leaders, partnering with IT to realize the greatest value from their data. For many enterprises, this has... more
“Nobody knows what the role of a Chief Data Officer is, and if they did, they would not take the job!” –as told to Roger Nolan So, what’s going on with this emerging role of chief data officer? Gartner recently published estimates that 25% of large global organizations have chief data officers (CDOs), a number that... more
The best IT leaders will play a strong and active role in the business strategy process. Their role is not just to “be the implementers,” but to advise the business on technology and data issues, and to ensure that the data architecture will support the business strategy in the near terms and in the future.
Somebody at a conference once said to me: “Nobody knows what the role of a Chief Data Officer is, and if they did, they would not take the job!” That was 18 months ago, and even though the definition of the CDO role has clarified a great deal, but the improved role clarity has not reduced the challenge one iota.
The Chief Data Officer role can be critical for organizations that are looking to use data to drive business value delivery.
Live from the Data Disruption Summit: The Role of the CDO, with Forrester’s Gene Leganza and The World Bank Group’s Gwen Thomas Two presentations in the Data Disruption Summit focused on the CDO role. First, Gene Leganza, VP, Principal Analyst, Forrester Research took the audience through findings from a Forrester CDO Research project sponsored by Informatica.... more
While the answer to this question will take time to answer, it is clear now that digital disruption is the reason that Chief Data Officers (CDOs) often get hired in the first place. This is a finding of research recently conducted by Forrester Consulting for Informatica. The research will be released at The Digital Disruption... more
“Data management is commanding a place in boardrooms through the Chief Data Officer,” says Poornima Ramaswamy, Associate Vice President, Enterprise Information Management & Analytics Practice from Cognizant. “Executives recognize the big impact of data on business outcomes. Data is getting its own strategy, its own office, and its own mandate.” The two of us discussed... more
Who remembers the closing scene in the James Bond movie with Pierce Brosnan? Elektra: I could have given you the world, James. Bond: The world is not enough. How does James Bond fit into the world of data? Focusing Solely on product information is short sighted thinking, if your customer is at your heart. Have you... more
I recently had the opportunity to participate in the “CDO Summit,” hosted by the CDO Club and Capgemini Consulting. While the CDO in this case meant Chief Digital Officer, I noticed some of the speakers had “Data” in their titles, suggesting a close alignment with CDO as Chief Data Officer as well. In fact, the... more