The CDO’s role has grown significantly from its data stewardship roots. Successful CDOs transform the entire organization into a data-driven entity and monetize data, by focusing on the primary objectives of managing information assets, delivering insights to the business to improve decision making and generating incremental business value. Such a monumental change requires an equally powerful change in strategy.
A strategic change requires new solutions which automatically discover and catalog data quickly, accurately, and more distinctly. Artificial intelligence (AI), specifically in the form of targeted machine learning, is a must. AI enables you to deep dive into the data, to find and catalog information that was previously undiscoverable, hidden or unknown.
Io-Tahoe’s Smart Data Discovery and AI-Driven Catalog is helping CDOs achieve this new strategic direction, with continuous automated data governance.
The 2017 Gartner CDO Survey found that, in MSEs, the CDO is responsible for a wide range of data-related objectives with three main themes: manage information assets, deliver insights to the business to improve decision making, and generate incremental business value 1.