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Chief Data Officer Forum - Corinium Global Intelligence Infographic

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Chief Data Officer Forum
Insight Infographic

The objectives, concerns and investment patterns of data and analytics professionals around the world.

Chief Data Officer Forum - Global Series of events & summits

Welcome to Chief Data Officer in Europe, Asia, USA, Canada, Australia & New Zealand

In recent years, there has been a significant rise in the appointments of Chief Data Officers (CDOs), in both the public and private sector. This is a result of data becoming an increasingly important strategic asset to businesses and public authorities. It is the CDO’s duty to manage this enterprise-wide data and ensure that it is utilised to drive revenue and new business opportunities and cut unnecessary costs. Essentially, to monetise data: to maximise efficiency, drive an increase in revenue and improve service to clients.

However, the position of the CDO is ill-defined, varied and even controversial. Although it is increasingly apparent that data-driven organisations outperform their competitors, the role of the CDO is still under development. The challenges and complexities faced by the new CDOs of this world are wide-ranging.

Not only is the CDO’s position within the C-Level chain of command varied per organisation and at times, ambiguous, they also face the difficulty of striking the balance between IT and business; technology and strategy. Moreover, CDOs are being readily challenged by the ability to keep data management costs low, whilst adhering to increasingly stringent regulatory demands. As well as producing results and analysis of value to their organisation, and getting their voices heard in the boardroom amid the web of C-Level executives and business politics.

http://coriniumintelligence.com/events/

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Chief Data Officer Forum - Corinium Global Intelligence Infographic

  1. 1. Chief Data Officer Forum: Objectives, Concerns & Investment Patterns of Chief Data Officers What is their primary objective in the coming 2 years? Which software have Chief Data Officers invested in over the last 12 months? What is keeping Chief Data Officers awake at night? Which software are Chief Data Officers planning to invest in over the next 12-24 months? Data Analytics Data Management94% 72% 39% 56% 28% 33% 11% 28% 6% 72% 44% 44% 33% 28% 17% 17% Data as a Service (DaaS) MapReduce Data Mining Predictive Analysis Hadoop NoSQL Building an efficient data management framework.35% Maintaining consistent, integrated customer interactions across multiple channels. 15% Creating and maintaining a base of consistent, high- quality customer information. 15% Meeting regulatory demands and ensuring well-governed data. 15% Evolving your analytical systems to reveal key customer insights. 10% Developing customer insights that can be profitably applied to inbound and outbound customer interactions. 10% What’s the best way to assure adoption and executive support? What organizational models work best? Is talent acquisition slowing strategy? Are data and analytics going to meet expectations? Will budgetary restrictions slow progress? Do privacy issues threaten progress? 40% 15% 10% 15% 15% 5% Forthcoming Global Events: www.coriniumintelligence.com/events/ Join the conversation www.coriniumintelligence.com/events Corinium Global Intelligence Network Follow us on Twitter: #CDOForum #DataOfficer @CDOForum Join more than 1,500 CDOs and Senior-level data executives on Linkedin: The Chief Data Officer Leadership Forum Follow us on Slideshare for more excellent content from our community of experts: Chief_Data_Officer_Forum Email: enquiries@coriniumintelligence.com

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