We are on the cusp of a data boom and we are seeing the number of CDOs growing year-on-year. The importance of effective data management will only increase as devices and sensors collect even more data, the information economy demands greater data integration and analysis at a faster rate. Businesses increasingly use analytics to drive strategy and innovation, whilst government regulations and privacy issues dominate news headlines around the world.
Chief Data Officers are becoming a familiar sight in boardrooms and CDO appointments are spreading to new industries. We are entering a new era for big data, and Chief Data Officers are not only defining the industry standards but also the CDO role itself.