Due to the importance of this type of professionals, at Three Points we help you train in the Big Data sector with our Master in Business Analytics and AI . Thanks to this program, you will be able to carry out reskilling and upskilling to successfully lead projects in this sector, responding to an increasingly pressing demand for companies.
What is a Chief Data Officer?
A Chief Data Officer or Chief Analytics Officer is a highly chinese overseas canada database important figure in companies. This is a senior executive profile that is responsible for establishing the strategy for using data in an organization, adapting it to the strategy of the company's management. Among his skills, the Chief Data Officer, or data director, must develop the ability to understand the information that the data provides in a context in which the volume of data is increasingly greater.
The work of this professional is integrated transversally into the company's structure. He or she must create policies and procedures for data management, so that its interpretation benefits all departments of the company.
A Chief Data Officer has the duty to obtain, prepare, organize, protect and analyze data in order to draw conclusions and act on them. In short, he or she must capture data in order to convert it into information that can improve the development of the company he or she works for.
Chief Data Officer 1
Duties of the Chief Data Officer
Among the functions of a Chief Data Officer, there are issues such as data collection, management and decision-making based on their knowledge, but without a doubt, one of the most important and most important aspects of the CDO is having a good data protection system . Let's review and focus on the four most important functions of the CDO:
Data collection : the CDO has the duty to collect and update the data in order to be able to work with it in an up-to-date manner. It is important that within this collection, the Chief Data Officer is up to date with the application of new technological models that help him in his task.
Data management and filtering : In addition to capturing data, it is important to manage, filter and leverage it as a competitive advantage over other companies.
Managing data security and confidentiality : One of the main reasons why this role appeared in companies was the need to comply with the laws in force in each country. Data must be kept protected to prevent theft, fraud or any other type of attack. This is one of the most important functions, as it entails a great responsibility on the part of the Chief Data Officer.
Decision making : The CDO must establish processes, policies, standards and metrics that allow him to get the most out of the data that the company deals with.
In order to carry out his duties, a CDO also has several tools that can help him deal with the data he encounters on a daily basis and make his complicated task easier.
How much does a Chief Data Officer earn?
As we have already seen from our experience in learning about their functions, the role of Chief Data Officer is an increasingly necessary and sought-after profile in companies. Managing the volume of data that is being worked with today requires a highly trained and experienced professional who can protect, analyse, manage and translate the data for the greatest benefit of the organisation.
Given this situation, it is not surprising that the CDO salary is between €60,000 and €100,000 (gross/year) , a figure that will vary depending on each person's experience and also their geographical location. It should be noted that within the technological sectors, salaries are in a situation of continuous growth, despite the slowdown that the crisis caused by the current health situation has meant for many companies.
In conclusion, we are talking about a profession with significant potential in which you can train for a future that is already here.