The Chief Technology Officer (CTO) brings technical and business acumen to organization to align technology-related decisions with the company's future. Most times they are responsible for recommending a company's overall technology direction.
On the technical front, the CTO is responsible for setting the technology innovation trends and determining how this is applied to the business. They are also responsible for being a liaison and a two-way link between research, innovation teams, and development teams. On the business front, the CTO is responsible for applying technology macro trends to meet regulatory requirements, achieve operational efficiency, create new innovation models, and identify the new risks that are created by adding these new technologies to the mix. They also make recommendations to the C-suite, CIO in particular, on where in IT enterprises should invest in the future..
The CTO is responsible for spearheading and evangelizing the company's technology strategy to C-suite, employees, board, partners, and investors.
Temporary Slow Down Ahead
All indications from Constellation's 1000 person executive network show a temporary 3 to 6 month slowdown ahead. This pause in general IT spending impacts mostly the North American markets.
The Q1 Tech Earnings Breathe Life Among The Digital Giants. With just Apple left to report in the tech earnings season, three major trends have emerged