Additionally, an organization might combine the strategy and analytics components into a role titled Chief Data and Analytics Officer (CDAO). Executive Director Data Governance and Analytics, Chief Data Officer Kshemendra Paul. Where do chief data officers, chief digital officers, and chief analytics officers fit in the reporting structure? “More and more, I’ve seen the title report to the CEO just in terms of trying to elevate analytics to the same level as marketing or sales.”, A CAO who does not report directly to the CEO can still create value for an organization, but it will be harder for that person to drive organizational change, he adds. Learn about salaries, benefits, salary satisfaction and where you could earn the most. It depends on whom you ask. “The difference between a chief data officer (CDO) and chief analytics officer (CAO) is between managing data (in case of CDO) and leading data analytics (in case of … Banking analytics solutions from SAS enable bank chief analytics officers (CAOs) and chief data officers (CDOs) to speed the transition to an analytics culture; adopt an analytics platform that combines data management, analytics and insight execution tools; and improve business outcomes. | Get IT leadership insights by signing up for our CIO Leader newsletter. CDOs report to CEOs and work alongside different departments like marketing and sales. And chief analytics officer popped up. “If people expect that they can take data to make better decisions, then they will use data to make better decisions.” Google, he adds, is a great example of a company where data-driven decision-making is the norm. A similar position is that of the chief data officer (CDO); while the CDO focuses on data processing and maintenance, the CAO focuses on providing input into operational decisions on the basis of the analysis. A leader who creates value from all things data.”, What’s the difference between a chief analytics officer and a chief data officer? They tend to focus on strategy and prioritization and business cases. “I’ve seen great analytics leaders go to organizations where the data wasn’t ready for them yet and get frustrated and leave.” This is why some CAOs want ultimate responsibility for data management, and why some experts recommend giving both roles to one executive. Subscribe to access expert insight on business technology - in an ad-free environment. Discover how to unleash the power of intelligent data to deliver effective business transformation. Click on the chart to see the detail salary data for Chief Analytics Officer in each city. In other companies, the chief data officer is responsible for data analysis and drawing useful insights from data. Placing the Chief Data Officer on the Organizational Chart At the same time, good CAOs want to make sure they’re working with the right data and that it’s high quality. “If you look at the work all these folks are doing in general, there are elements that tie to the product, to behavioral targeting, and to the revenue model,” says Chris Galy, chief people officer at real estate marketplace Ten-X. Contributing Writer, Others see the two roles as two different jobs with different backgrounds. Colin Zima, chief analytics officer at data analytics platform Looker says he’s known CAOs to report to the CFO or the CIO as well as the CEO, but things are changing. Chief analytics officers also interact with chief information officers in regard to the infrastructure needed for analytics operations. A chief data officer (CDO) is a corporate officer responsible for enterprise-wide governance and utilization of information as an asset, via data processing, analysis, data mining, information trading and other means.CDOs usually report to the chief executive officer (CEO), although depending on the area of expertise this can vary. Chief data officers ensure that data processes are running and effective data management is in place to achieve business goals. A growing number of organizations have a senior data-related role that may be called Chief Data Officer (CDO), Chief Analytics Officer (CAO), Chief Data Analytics Officer (CDAO) or something else. They prioritize which decisions are top of mind for the board.”, White also believes that of the three new titles, chief data officer is likeliest to be in use long term. With digital transformation a top concern for many organizations and the analytics revolution in full force, companies are carving out new executive roles that might otherwise fall under the guardianship of the CIO. ]. If we look back, the chief data officer is an older position in the overall enterprise space and existed prior to the coming of the chief analytics officer. “So the chief data officer title became legitimized. In some cases, it’s an internal role about maximizing digital marketing. “There needs to be the expectation that data is used to make decisions, and that comes absolutely from the top down,” he says. Copyright © 2017 IDG Communications, Inc. 2,533 Chief Analytics Officer jobs available on Indeed.com. Two of the most popular ones include chief analytics officer, aka. A chief analytics officer is responsible for data analysis and business intelligence. The Chief Data Officer is one of the newest executive roles. But beyond the need to sound the call for new, more digital approaches to solving business problems, the role can mean different things in different organizations. The exec who turns data into decisions, What is a chief digital officer? The department’s chief data officer, Evans said, will have a council that includes chief technology officers and chief information officers that will be under her office. Copyright Analytics India Magazine Pvt Ltd, Now You Can Generate Music From Scratch With OpenAI’s Neural Net Model, Is Tesla Dumping Python For This Programming Language, Indian Voice AI Startup Vernacular.ai Raises $5.1 Mn From Exfinity Ventures and Kalaari Capital, Why Should Biden Focus On Getting A National Chief Data Scientist, An Economist’s Guide To Becoming A Chief Data Scientist: Interview With Sandip Bhattacharjee, Why India’s Health Ministry Needs A Chief Data Officer. This type of chief data officer leaves data analytics to a chief analytics officer or another function. The difference between a chief data officer (CDO) and chief analytics officer (CAO) is between managing data (in case of CDO) and leading data analytics (in case of CAO) which are two different functions even though the two positions may be used interchangeably. “I don’t know that there’s a huge difference between a chief data officer and a chief analytics officer,” says Mike Doonan, partner at the high-tech recruiting firm SPMB in San Francisco. While a CDO may not necessarily be equipped with advanced analytics or any other techniques, they may be familiar with analytics, and the various open-source tools available today. Office of the Chief Data Officer. Curate Partners is seeking a Chief Data and Analytics Officer to help set the vision and direction…See this and similar jobs on LinkedIn. Similar to a Chief Data Officer, it is common for a Chief Analytics Officer (CAO) to report to the CEO or the CIO (Chief Information Officer). “But even though they had lots of chiefs, no one was taking the lead on putting the business value of data to work. Day-to-day activities of the head of analytics/chief analytics officer include collecting data and using it to create business intelligence models. On the other hand, the Chief Data Officer defines the information and analytics strategy and ensures compliance, quality, security, privacy, and governance of data. While in most cases, chief analytics officers report directly to the CEO, it may not be the case, and head of analytics in many cases report to either chief information officers (CIOs) as well. This is much like a chief information officer or chief digital officer. IT is changing at a rapid pace, and so too is IT leadership. Here’s a closer look at the roles and responsibilities of these emerging IT leaders. Apply to Chief Nursing Officer, Chief Information Officer, Chief Operating Officer and more! Vishal also hosts AIM's video podcast called Simulated Reality- featuring tech leaders, AI experts, and innovative startups of India. Although the titles may vary this typically means creating a C-level leadership position of either Chief Data Officer (CDO) or Chief Analytics Officer (CAO). The Chief Analytics Officer (CAO) is an emerging role, and one that is critical for organizations that want to treat their information as an asset as well as capitalize on and create value from it. “Companies are getting caught up in titles and not in what it is they’re actually trying to accomplish with the role.”. In a recent Gartner survey of both chief data officers and chief analytics officers, 40 percent said they reported to the CEO. Chief data officer responsibilities. “Chief data officers who say they’re adding value to their businesses don’t have responsibility for managing data,” he says. The job of a Chief Digital Officer is to orchestrate the digital transformation, engage in public relations, and act as an innovation radar. So it starts with culture.”. Reporting and visualisation tools may also be led by chief analytics officers. Mazzei was at EY for 20 years before becoming CAO, most recently as chief strategy officer. There was a separate conversation about the chief digital officer title, which originally was outward facing. San Francisco City consistently ranks #1 as of November 25, 2020. Chief data officers use big data analytics to spot new business opportunities and enable data‑based innovation When Steve Stine became AT&T’s first chief data officer (CDO) in 2017, the company’s analytics operations were scattered among different teams in charge of data streams, analytics, and automation. A leader who creates value from all things data, What is a chief analytics officer? [ Learn from your peers: Check out our State of the CIO 2017 report on the challenges and concerns of CIOs today. Sixteen percent reported to the CIO, with the rest reporting to the CFO, CTO, or a non-C-suite title. So, their focus is on creating business-oriented decisions by using the data that is available within an organisation, whether that data is from marketing, sales, and other operations. In some, the chief data officer mainly manages data, making sure that it’s high-quality and meaningful, and creating the infrastructure to store and deal with it appropriately. As the new natural resource of the twenty-first century, data has the power to transform industries and business models; but it equally has the power to overwhelm systems and stymie growth. For the purposes of an answer, I will define the CDO as a wide-scope construct integrating data quality, data privacy, data lifecycle management and reference data management. Those other skills have been really underappreciated and they’re critical because of what the objective is.”, For a closer look at the chief analytics officer role, including salary expectations and advice on how to succeed as one, see “What is a chief analytics officer? Contrarily, a chief data officer (CDO) is a technology leadership role in regard to data management and working on data quality in data processes. But the corralling title seems to be chief data officer. Of all the C-Level executives, there are only a few positions that deal with data. The Chief Data Officer can be expected to be near the center of action as firms strive to become data-driven, but should also be prepared to sit in the hot seat during these times of … In this article, we will compare the two and bring out similarities and differences. 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