Hiring a Chief Data Officer depends on the needs of your organization. But, if data is currency, you will need the right leadership for directing how you manage and use your data. A CDO is a highly skilled professional that understands how to connect data to business strategy by aligning IT with information assets.
A CDO will also understand how to connect the data dots to glean actionable insights. As a result, you can use big data more effectively to create industry-specific business models and solutions.