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Encyclopedia > Chief data officer

The Chief Data Officer or CDO is a job title for a member of the executive management team and is the manager of enterprise-wide data processing & data mining. The Chief Data Officer typically reports to the Chief Technology Officer (CTO) or the Chief Executive Officer (CEO). Management (from Old French ménagement the art of conducting, directing, from Latin manu agere to lead by the hand) characterises the process of leading and directing all or part of an organization, often a business, through the deployment and manipulation of resources (human, financial, material, intellectual or intangible). ... Data processing is any computer process that converts data into information. ... Data mining (DM), also called Knowledge-Discovery in Databases (KDD) or Knowledge-Discovery and Data Mining, is the process of automatically searching large volumes of data for patterns such as association rules. ... Chief Technical Officer or Chief Technology Officer, usually seen as CTO, is a business executive position whose holder is focussed on technical issues in a company. ... A chief executive officer (CEO), or chief executive, is the highest-ranking corporate officer or executive officer of a corporation, or agency. ...


The role of manager for data processing was not elevated to that of senior management prior to the 1980s. As organizations have recognized the importance of information technology as well as business intelligence, data integration and data processing to the fundamental functioning of everyday business, this role has become more visible and crucial. This role includes defining strategic priorities for the company in the area of data systems and opportunities, identifying new business opportunities pertaining to data, optimizing revenue generation through data, and generally representing data as a strategic business asset at the executive table. This article or section does not cite its references or sources. ... Data integration is the problem of combining data residing at different sources and providing the user with a unified view of these data [1]. This important problem emerges in a variety of situations both commercial (when two similar companies need to merge their databases) and scientific (combining research results from...


With the rise in service-oriented architectures (SOA), large scale system integration, and heterogeneous data storage/exchange mechanisms (databases, XML, EDI, etc.), it is necessary to have a very high level individual guide the creation and implementation of data strategy. Besides the revenue opportunities, acquisition strategy, and customer data policies, the Chief Data Officer is charged with explaining to executives, employees, and customers the strategic value of data and its important role as a business asset and revenue driver. This is in great contrast to the older view of data systems as backend IT systems. This section does not cite its references or sources. ... A database is an information set with a regular structure. ... The Extensible Markup Language (XML) is a W3C-recommended general-purpose markup language for creating special-purpose markup languages, capable of describing many different kinds of data. ... Electronic Data Interchange (EDI) is the computer-to-computer exchange of structured information, by agreed message standards, from one computer application to another by electronic means and with a minimum of human intervention. ...


Dr. Usama Fayyad, Chief Data Officer and Sr. Vice President of Yahoo! is the first individual known to officially hold this job title. Another person who holds this title is Thomas Mueller, Chief Data Officer of Allied Management Group (AMG-SIU). John Bottega became the Chief Data Officer of CitiGroup's Corporate and Investment Banking (CIB) unit, which makes him the first person in the financial field to hold that title. Yahoo! - Wikipedia, the free encyclopedia /**/ @import /skins-1. ... Citigroup Inc. ...


References


  Results from FactBites:
 
Data Managers Climb The Ladder - News by InformationWeek (737 words)
Today, those data silos are toppling, and the role of the data manager is rapidly changing as firms consolidate their data and create a central structure for managing it.
Data managers' jobs have become so important that their positions are being elevated to a much higher level.
Data managers need a holistic view of data, and they must be highly placed in their companies to achieve this.
  More results at FactBites »

 

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