CTO VS CIO
The Cheif Technology Officer (CTO) and Chief Informations Officer (CIO) could have two seperate titles, but are they one in the same? Quite frankly, it all comes down to company size and whether or not you need both positions.
Let's look at the core functions of both positions to see the differences...
"CTO creates technology to sell to customers whereas a CIO focuses on managing infrastructure for the business operations. It's that simple. ... But generally a CIO is responsible for technologies that run a business internally while a CTO is responsible for technologies that grow the business externally."
Alright, so you get a jist as to what generally defines the positions but what about the specifics? Let's now look at the specific job descriptions of both the CTO and the CIO.
Cheif Technology Officer's Duties:
- Serves as the company’s top technology architect
- Runs the organization’s engineering group
- Uses technology to enhance the company’s product offerings
- Focuses on external customers (buyers)
- Collaborates and manages vendors that supply solutions to enhance the company’s product(s)
- Aligns the company’s product architecture with business priorities
- Develops strategies to increase the company’s top line (revenue)
- Has to be a creative and innovative technologist to be successful
Cheif Information Officer's Duties:
- Serves as the company’s top technology infrastructure manager
- Runs the organization’s internal IT operations
- Works to streamline business processes with technology
- Focuses on internal customers (users and business units)
- Collaborates and manages vendors that supply infrastructure solutions
- Aligns the company’s IT infrastructure with business priorities
- Developers strategies to increase the company’s bottom line (profitability)
- Has to be a skilled and organized manager to be successful
If your business doesn't have the need for either a CTO or CIO, you can always try outsourcing your IT!