Why There Is Value In Appointing A CDO

In the rapidly evolving digital landscape, data has become the lifeblood of organizations, driving critical decision-making processes. To effectively navigate the data-driven future, many organizations have recognized the pivotal role of Chief Data Officers (CDOs). In 2023, CDOs are emerging as strategic leaders who possess the acumen to steer data innovation, foster a data-driven culture, and contribute significantly to their organization's overall success. A Shift in Role and Perspective CDOs are no longer confined to a narrow technical domain; they have evolved into data strategists and collaborators, with over 70% of CDOs identifying themselves as such. This transformation reflects the growing understanding that data isn't merely a technical asset but a strategic one. CDOs bring