Eleven percent of midsize to large organizations today have a dedicated CAIO and 21% are actively looking for one. According to industry gurus, the transformative potential of AI is increasingly creating the need for a CAIO, defined as a role that comes with a high level of authority, skill set, authority and risk management capabilities. More than a strategic investment, a CAIO is considered a tactical investment, specially curated to take care of technology, governance, and business strategy. The primary roles of a CAIO is broadly defined by industry stalwarts to include:
- Strategic planning
- Technology adoption
- Data governance
- Cross-functional collaboration
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Source: Financier Worldwide
Cover image source: Freepik
