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Does your company need a chief data officer?


"It's a rare business today that doesn't depend on data in some significant way, but does that mean most companies need a chief data officer?

That's a question on more than a few executive minds in this big data era, particularly as analyst firms wax increasingly enthusiastic about the role. Gartner, for instance, recently said it expects 90% of large organisations to have a chief data officer by 2019. Last August, Forrester found that 45% of global firms already have one, while another 16% said they planned to do so within the next year. Experian points to a similar trend.

Should your company jump on board? That depends – not just on your company and your industry, but also on whom you ask.

The chief data officer title isn't brand new: Yahoo appointed one back in 2004. It wasn't until more recently, though, that the role began to gain traction, said Mario Faria, a research director with Gartner who previously served as a chief data officer himself.”


NCC Weekly News Update 23 February 2016 



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