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July 5 2024

In the CDO versus CAIO paradox, CAIO wins hands down!

The cat is out of the bag! According to industry forecasts, every federal department will have a CAIO. Aimed at strategic planning, business transformation and leveraging generative AI for customer success and business growth, CAIOs are the hottest new title in C-suite job postings. The secret sauce for an AI-enabled business is said to be the handshake between a CAIO and CDO — while the CDO provides data, the CAIO brings technical knowledge to the table, making it slightly a slightly more indispensable role. In the race between data quantity and data quality, the latter is a sure shot winner.

CAIO roles increasing in number, redefining C-Suite strategies

Anand Vishnu Careers, NEWS 0

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

For more detailed insights, read the full story here.

Source: Financier Worldwide

Cover image source: Freepik

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In the CDO versus CAIO paradox, CAIO wins hands down!

CAIO roles increasing in number, redefining C-Suite strategies

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