Word of the Day: chief data officer (CDO)

Word of the Day Daily updates on the latest technology terms |July 27, 2017

chief data officer (CDO) A chief data officer is a C-level corporate executive who is responsible for an organization's data governance. The CDO position is related to, but separate from, the job of the chief information officer. As a rule, the CDO reports to either the chief operating officer, chief technology officer or the chief executive officer of an organization. If the organization has a retail division that is customer-facing, the chief data officer may also work closely with the chief marketing officer. The CDO position was originally created in response to increased compliance regulations after the great recession of 2007. At that time, a large part of the job typically was to help an organization create data governance policies that would ultimately reduce the organization's compliance burden. The focus of the position has since shifted to helping organizations understand that big data is a business asset that can be used strategically to identify new revenue opportunities and reduce operating costs. As more organizations move to a data-driven decision management strategy, the CDO must ensure that business users have easy access to relevant data and reporting tools and be able to trust in the data's quality. To that end, the International Society of Chief Data Officers, a vendor neutral peer-advisory resource, seeks to "empower CDOs and others charged with leading enterprise strategy, governance, and management of information and data assets." ISCDO is affiliated with the Massachusetts Institute of Technology (MIT). Quote of the Day "In many organizations, chief data officer jobs that were centered on defense against risk are giving way to ones emphasizing innovation. To do so, CDOs must nurture a data culture." - Jack Vaughan   Trending Terms C-level data governance data-driven decision management compliance burden CIO data literacy   Learning Center Chief data officer jobs call for nurturing data ethos in companies Chief data officer jobs will focus more on innovation within a data-driven enterprise, according to panelists at an MIT data symposium. Gartner: Chief data officer role continues to grow New research from Gartner shines a light on how the chief data officer role continues to evolve. Will the role of the chief data officer eclipse that of the CIO? The role of the chief data officer (CDO) could become a strategic player for the business: The Data Mill reports from the MIT Chief Data Officer and Information Quality Symposium. Chief data officer job description requires a proper fit The chief data officer job description is long and involved. Read about how several CDOs are keeping up with the demands of the position and balancing its challenges and rewards. Four data management conferences on big data, governance and more Thinking of signing up for some data management conferences? Here's a quick rundown of four events focused on topics such as big data and data governance. Writing for Business The manager who reviewed the proposals found that the quality of the proposals ______ generally good, but several failed to address compliance burdens in an adequate manner. a. were b. was Answer       Stay In Touch For feedback about any of our definitions or to suggest a new definition, please contact me at: mrouse@techtarget.com   Visit the Word of the Day Archives and catch up on what you've missed!   FOLLOW US About This E-Newsletter This e-newsletter is published by the TechTarget network. To unsubscribe from Whatis.com, click here. Please note, this will not affect any other subscriptions you have signed up for. TechTarget, Whatis, 275 Grove Street, Newton, MA 02466. Contact: webmaster@techtarget.com Copyright 2016 TechTarget. All rights reserved.