We’ve all heard the terms CEO, CFO, and COO. These are the high-level executives in charge of specific business departments and operations. But have you ever heard of CIO or CTO? These, too, are executives and they work with the technology and IT aspects of the business. Today in the blog, we’re going to examine the difference between CIO and CTO. Let’s take a look:
CIO
The CIO, or Chief Information Officer, is in charge of the internal operations of a business. They actively monitor the day-to-day operations and activities and work to pair appropriate technologies to facilitate these tasks. Additionally, the CIO is the direct line of contact between the business’s employees/executives and an IT solutions company, like M&H Consulting. The CIO is in charge of bringing IT into the office to help employees effectively and efficiently complete their tasks and assignments, all while keeping in line with the IT budget set in place.
CTO
The CTO, or Chief Technology Officer, is more focused on the business’s consumers. This executive studies the competitors and their strategies concerning IT in order to help the company surpass them in offering its consumer base the most advanced and reliable technologies that are commercially available. The CTO studies trends and points the company in the right direction with a focused trajectory. The CTO works both internally and externally and, thus, must balance their time wisely. In effect, they communicate the needs and trends of the organization’s consumer base to the appropriate departments within the business.
The Reason for the Difference
One might assume that the CIO and CTO work together in the same department, and one would be wrong in doing so. The goals and objectives of the CIO and CTO vary greatly. As we have already seen, the CIO strictly works internally to bring the right technology to employees at the right price. The CTO works both internally and externally to bring IT to the company’s consumer base. Moreover, the CTO needs a strong relationship with the VP of Engineering, as the two will be working closely together to bring the company’s product(s) to its consumers. The CTO reports to the CIO who, in turn, reports to the CFO.
As you can see, there are a number of differences between the roles of executives in business and the departments they work with. We hope these brief explanations clear up some of the confusion. For all your IT services, contact M&H Consulting today, by phone at 1-(866)-964-8324, or visit our website at http://www.mhconsults.com.
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