Business Technology: What is the Impact of Technology on C-Level Business Roles?

We all are aware of what a CEO or Chief Executive Officer stands for. You may be a CEO yourself. While CEO is an important position in a company, it is essential to know about other C-level roles as well. Being a technology-centric company, we also consider roles like the CIO, the CDO, and CTO significant. 

There are many reasons why these roles are becoming popular both officially and unofficially.

Technology Representation in the Business C-Suite

Chief Information Officer (CIO)

As a CIO, you are responsible for the entire IT infrastructure of a company. A CIO will have major decision-making power in all crucial areas, from company policies to its maintenance. 

With the increasing nature of cyberattacks, the CIO’s role has grown to become more important. A dedicated and well-informed executive will ensure the comprehensive defense of your IT by prioritizing and handling different types of threats. 

A CIO has a focused vision and collaborates with different departments, service providers, and vendors. Their oversight ensures that the organizational needs are well met.

Chief Technology Officer (CTO)

In contrast, a CTO focuses on the external image of a company. They look for innovative opportunities to improve your product offerings, thereby making top management the right decisions. With cloud computing and data storage becoming popular, the CTO role is demanded.

Ideally, a CTO should have a technical background with a creative bent of mind to develop unique innovations for an organization. Also, a CTO should set a good working relationship with developers to visualize better and track their goals. When it comes to nurturing fruitful vendor relations, the CTO has to ensure adequate supply to meet the organizational goals. 

Chief Data Officer (CDO)

The role of CDO is prominent with the rising importance of data. The CDO ensures that your data is well-protected and kept up to date with sufficient employee access rights. By analyzing this crucial data, CDOs try to have an in-depth understanding of the business ecosystem, measure quality, and finally try to bring in value-addition. 

However, many businesses are not in favor of creating this controversial post of chief data officer (CDO) 

What Does This Mean?

No matter the size of your business, these C-level positions are getting more accepted in organizations. C-level executives can add value to your organization and take it to new heights, be it a small shop or a globally spread-out enterprise.

However, large organizations may find it easier to transition with their higher budget and resource level. But, small businesses usually operate with thin margins and might need the help of a managed service provider to make the transition.

A managed service provider can ensure that these services are accessible to businesses at a cost-effective rate. With an MSP, you can ensure greater profitability, productivity, and security. Furthermore, we can assist your business as a Virtual CIO service. With this service, you can get all the benefits of a CIO without investing in this post separately.

To know how MyTek, a Phoenix-based IT firm, can help with your business’s needs, call our expert team at 623-312-2440.

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