Major companies use a variety of acronyms to identify their leading role in digital endeavors.
They use different names for this position depending on the company:
CDTO
A digital transformation leader focuses on improving business processes and adopting innovations through digital solutions. Specific firms call this position a chief innovation officer, whose job is aimed at improving business processes by implementing innovative approaches and products. A digital transformation leader successfully achieves his or her goals not only through the implementation of digital technologies.
CDTO
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He also actively uses various portugal email list strategies and methods, such as process and project approaches, the use of agile practices, business analytics, marketing methods, and formulates a development strategy based on the analysis of facts and data. The use of advanced machine learning and big data analysis technologies is one of the most important elements for achieving key goals in creating new values in the field of business activities.
Only a leader who is actively involved in digital transformation is able to develop a strategy for the development of the organization, introducing innovative technologies, increasing revenues and reducing costs.
CDO (Chief Digital Officer)
Head of Digital Transformation. He leads the company's digital transformation mission, implementing innovative ideas and adapting the business to advanced digital trends. His priority is to develop a systematic approach to integrating digital technologies into corporate processes without delving into the commercial aspect.
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CDO (Chief Data Officer)
The Chief Data Officer takes care of the quality of information, ensuring its integrity, reliability, and security. This expert in data analysis is able to generate a huge amount of information and successfully conduct the machine learning process. Management will turn to the Chief Data Officer to conduct analysis that will help create an effective development strategy.
CIO
The Chief Information Officer manages the applied technology activities and develops the IT strategy, guided by the latest digital innovations. He is entrusted with the provision of IT components and the construction of a reliable, secure infrastructure.
CIO
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To achieve digital transformation goals, it is necessary to differentiate the areas of responsibility of the chief digital transformer. Leaders in digital transformation, digitalization, data management, and information technology differ in their application-oriented goals and level of responsibility. In some companies, these roles may be combined, but in large corporations this practice is becoming increasingly rare.
The digital transformer is responsible for running the company's business in the era of the digital economy, which involves working with data and its tools, developing and implementing a digital transformation strategy, training personnel, accumulating professional skills, creating a knowledge management system, digitalizing the company's products and services, forming a package of innovative "digital" products and services, and transforming the organization's business processes.
The CDTO plays a key role in shaping strategies for CIOs and CDOs, implementing cutting-edge technologies and new approaches to client engagement.
This expert usually has a broad range of experience in marketing, finance and management, but his main profile is information technology.
Digital transformation leaders are often included on corporate boards and have key influence on budget allocation, as significant investments in this area are aimed at reducing risks and stimulating business processes.
Difference between CDTO, CDO and CIO
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