What makes a Chief Information Officer different from a Chief Technology Officer? A CTO creates technology to sell to customers whereas a CIO focuses on managing infrastructure for the business operations. It’s often the case that mid-to-large size companies have a CTO and CIO. The CTO focuses on external customers: those who are buying your company’s products, even if the product itself isn’t digital or technology-based. Typically, there are two technical executive leadership roles in most organizations: the Chief Information Officer (CIO) and the Chief Technical Officer (CTO). A CIO has to look at profitability and focus on how to increase profitability for either shareholders or owners. That’s possible with a high executive budget, of course. What’s the Difference: CTO vs CIO. The major difference comes down to the specific technology the person will lead. Having co-founded startups, I intimately know about the never-ending budgetary nightmares. Whether you are new to the technology world, interested in pursuing a career in technology, or curious as to how you can merge your management experience with your knowledge of technology, you might need to know the differences between a Chief Technology Officer (CTO) and a Chief Information Officer (CIO). CIO salary vs. CTO salary. For example, if a business unit seeks technology to digitize, improve, or even automate processes, the CIO is responsible for managing these processes, even if a specific IT team performs the actual implementation. Almost every company on earth touches the internet at some point, and all of the information & data that a company gobbles up is under the CIO’s domain. The most important thing is the results of jobs that these people do. From core to cloud to edge, BMC delivers the software and services that enable nearly 10,000 global customers, including 84% of the Forbes Global 100, to thrive in their ongoing evolution to an Autonomous Digital Enterprise. In an ideal world, the CTO runs the product development organization while the CIO runs the IT organization. Are you catering to your organization or to external customers. On a high level, they monitor how the work the engineering team is doing supports … The explicit impact of a CIO can be determined with a variety of metrics, though improving the company’s bottom line is a must. An article from Oracle’s ProfIT magazine explains the distinction between the two roles in larger organizations. A CIO’s job is more internal and a CTO’s job is mostly external facing. But there can be confusion between these two positions, a lot of questions when comparing the CIO vs CTO, and often they might actually fuse into a single position depending on the business strategy. In comparison to a CIO however, the CTO has a more customer facing role and is mostly responsible for enhancing the company’s product offerings. CEO stands for Chief Executive Officer and is the highest ranking officer, while COO stands for Chief Operations Officer. Does your team need to cater to customers or buyers. CIO vs CTO – how much do they get paid? But the CIO isn’t only tech-focused: a good CIO integrates the entire IT department with other business units, so knowledge of the common as a whole is imperative. Are you aiming to improve or digitize a business process or a product? Let Hunt Club help you find the best talent. Business Continuity vs Business Resiliency: What’s The Difference? As chief-level positions, one is generally not more senior or junior than the other. How does one focus on technology while the other focuses on information? Systems Integration, Leadership, Business Growth, CTO, Digital Transformation. See our, breakdown of the responsibilities of each office, TechRepublic’s article on what a CIO or CTO’s resume should look like, Reactive Manifesto, The Next VisiCalc, and…, Creating Value from Research & Development, Serves as the company’s top technology infrastructure manager, Works to streamline business processes with technology, Focuses on internal customers (users and business units), Collaborates and manages vendors that supply infrastructure solutions, Developers strategies to increase the company’s bottom line (profitability), Has to be a skilled and organized manager to be successful, Serves as the company’s top technology architect, Runs the organization’s engineering group, Uses technology to enhance the company’s product offerings, 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. But there is a real difference in the jobs. When it comes to handling those tech operations on the C-level, two positions immediately stand out — Chief Technology Officer (CTO) and Chief Information Officer (CIO). Does your team need to cater to people within an organization with existing processes? For more information, see our Cookie Policy. CTO Responsibilities: A CTO acts as a tech engineer. CTO or Chief Technology Officer: this title is reserved for the person at the company leading the development of the company’s proprietary software. CIO vs CTO: What’s the difference? Management and communication skills are also essential: a CIO can oversee dozens of IT employees and a variety of IT teams, and the CIO must also be able to communicate needs and strategies with other executives and department managers. The CTO takes on new technologies keeping the organization’s competitive edge. In other words, the IT Director is responsible for keeping systems up and running according to the company’s needs. Based in Baltimore, Chrissy Kidd is a writer and editor who makes sense of theories and new developments in technology. This e-book give you a basic understanding of IT jobs, including tips for how to apply and interview for IT positions and how to stay sharp once you’ve embarked on your career. So what’s the difference between a CTO vs. CIO? Business Growth, Leadership, Strategy, Digital Transformation. According to Glassdoor, the average annual salary of a CIO in the US in 2021 is $175,046. Why even need different offices for Information and Technology? Connected to that, another difference of both roles is that the CTO is usually responsible for the development of new technologies in a company, whereas the CIO has its focus more on organizational problems and tries to solve these with existing … The CIO is responsible for managing and ensuring ongoing operations, mission critical systems, and overall security, from help desks and enterprise systems to service delivery and program management. Generally responsible for the technical teams and to implement new strategies to improve the final product. While based on the 2010 State of the CIO Survey produced by CIO magazine, the average survey a CIO gets is at $219,300. A CTO sits between the CIO and the IT director and generally acts as a right-hand man to the CIO. If you are a new company or team leader and are considering hiring a technologist, which one do you hire? We and third parties such as our customers, partners, and service providers use cookies and similar technologies ("cookies") to provide and secure our Services, to understand and improve their performance, and to serve relevant ads (including job ads) on and off LinkedIn. Ideally, the CTO heads the product development phases of a company, while the CIO runs the IT departments. While CIO versus CTO is one way of characterising the battle for power, another way to view the IT leadership battleground is to focus on roles and responsibilities. Both the CIO and CTO should also be strategic thinkers in terms of business and technology. As technology has become imperative to businesses large and small, two executive-level roles have become standard: But the distinction between the two can be confusing, as “information” and “technology” typically go hand-in-hand. CTO vs CIO. Does your team need to take a repeatable process and improve upon it with technology? The CTO tracks productivity. The next and most easily differentiable role is the CMO. They may also track internal security metrics such as risk ratings and the number of up-to-date devices on the network. By Graeme Freeman. CIOs may come more from the IT operations side of the business, where CTOs may have more software engineering experience. However, while the CTO primarily focuses on the top line, the CIO's focus is on the business' bottom line. The CIO can be seen as the ultimate cheerleader for all in-house technology and digital processes. The role of the CIO and CTO is changing as more enterprises more towards a "Value Added" role for the Information Technology function. So what? Ask yourself the following questions: It may be that the person you hire is capable of all of these tasks and more. It’s that simple. Please let us know by emailing blogs@bmc.com. Some people confuse these job titles as they both manage technology in business. ©Copyright 2005-2021 BMC Software, Inc. A Chief Information Officer (CIO) and Chief Technology Officer (CTO) are generally tasked with keeping a business’s technological systems and processes operating at maximum capacity. The CIO takes on operational IT requirements that keep the organization running. See an error or have a suggestion? The one obvious difference between the traditional definition of the roles is that the CIO’s job is largely internal, while the CTO role is more external. Now let’s talk about their salary. CTOs on the other hand, create or build technologies that will help businesses grow. Short for chief information officer, the overall role of the CIO is ensuring business processes run efficiently, with a goal of promoting the productivity of individual employees and business units as a whole. Joshua Millsapps of MB&A expands his thoughts on the subject on his company’s blog. It can be tempting to think of one role as superior or more of a priority – especially for smaller companies lacking the funding for both. What does a CTO do? Often referred to as a company’s informative “nexus,” the CMO’s responsibilities span from sales to product development to marketing and even further into customer service. Companies need one person to support and promote productive employees and business processes just as much they require an innovator and creative solver who can leverage technology to improve business offerings. Third parties may also place cookies through this website for advertising, tracking, and analytics purposes. Collaboration is also an essential skill, as a CTO will need to partner with in-house engineers and external vendors to achieve something that hasn’t been done before. The CIO tracks internal system costs and return on investment. Comparing CIO to CTO to COO. Hunt Club is a new kind of search firm that harnesses the power of its leading-edge, proprietary technology to find you the best talent. So, what is the difference between these two roles? Let’s take a look at the difference between CIO and CTO roles as well as whether your company should employ one or both. CIO vs CTO: What’s the difference? By Graeme Freeman. In fact, successful companies are often marked by strong presence from both the CIO and the CTO. They’re tasked with knowing how the company’s expenses can be lowered to make total income grow. However, it all depends on the company’s demands and needs. While the CIO focuses on the internal organization, the CTO focuses on the customer-base, outside of the company. You can change your cookie choices and withdraw your consent in your settings at any time. The Chief Technology Officer oversees the development and correct operation of information systems from the point of view of execution. But don’t ever let convention keep you from being successful. A CIO is typically more of an executive-level type of position and involves more strategizing and planning, and less implementation of that plans and strategies. As customers become savvier and more knowledgeable about the products they use, the CTO must stay innovative and on the cutting edge of technology to ensure the company is offering the best products. … 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. The chief technology officer focuses on creating and using technology in order to help the business grow – typically improving offerings that the company’s customers purchase with the help of new technologies. To that end, the CTO is often responsible for the engineer and developer teams who focus on research and development to improve and innovate company offerings. Which one do you need? Some responsibilities of a CIO include, but are certainly not limited to: For a CIO to be successful in the role, general knowledge of a wide variety of technology is essential, though a CIO can’t be expected to have expert knowledge of every system. The key differences between CTO vs CIO: CTOs focus on external products while CIOs focus on internal processes; CTOs focus on increasing revenue (generated income) while CIOs focus on increasing profitability (value after expenses) CTOs inspire innovation … There just isn’t enough money to have a CTO and a CIO. A simple distinction is that the CIO typically looks inward, aiming to improve processes within the company, while the CTO looks outward, using technology to improve or innovate products that serve the customers. It is easy to assume that a Chief Information Officer (CIO) is the same thing as a Chief Technology Officer (CTO). Those changes are depicted in the detail job descriptions that have been created for all of the functions with IT -- especially for the CIO and CTO. They’re just happy to have a C in their title. By continuing your use of this website, you consent to this use of cookies and similar technologies. The key difference to remember is that a CIO (operations oriented) is internally facing, focused on information systems (communication workflow), with a target to increase efficiency thereby improving the bottom-line while a CTO (technology strategy oriented) is customer facing, focused on a technology strategy, with a target to improve the end product. Chief information officer (CIO), chief technology officer (CTO) and chief operating officer (COO) are executive-level … Use of this site signifies your acceptance of BMC’s, ongoing operations, mission critical systems, and overall security, The Chief Information Security Officer (CISO) Role Explained, IT Director: Requirements, Skills & Salary, 5G for Companies: Hype, Reality & Potential. 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. View my profile. Choosing One Over the Other Within a Company Among other things, CTOs will be responsible for tasks such as: Managing research and development teams. CTO vs CIO: How They Differ. CTOs lead product development and planning technology or hardware upgrades. Connect with her at http://www.chrissykidd.com. The IT Director is the head of the IT department where their primary role is to oversee the daily tasks and operations. CIO stands for Chief Investment Officer or Chief Information Officer; the role depends on the industry. CIO and CTO: roles and responsibilities. TechRepublic‘s breakdown of the responsibilities of each officeoffers a quick breakdown : If you are interested in either role, you may also want to readTechRepublic’s article on what a CIO or CTO’s resume should look like. Chief Technology Officer (CTO) and Chief Information Officer (CIO) sound like they could be the same exact thing. Depending on the industry, or organization, these offices consist of different responsibilities. Learn more about BMC ›. Some say that the main difference between the two jobs is that a CIO focuses on internal technology, while CTOs focus on customer-facing technology. These cookies enable us and third parties to track your Internet navigation behavior on our website and potentially off of our website. To maximally simplify these functions: a CTO handles external operations and improvements, while a CIO’s focus is largely internal. What is the difference? IT traditionally has a nebulous reputation with other business units – so it is the role of the CIO to improve the image and reputation of IT services within the company. CTO stands for Chief Technology Officer and is generally an executive position for technology companies. A CTO is primarily concerned with external products and customers while a CIO is primarily concerned with running the business (internal products and customers). CTO . These postings are my own and do not necessarily represent BMC's position, strategies, or opinion. Though CIOs and CTOs may be confused by less tech-minded people, both roles are vital to your company’s success. Under the guidance of the CIO, the IT Director maintains adherence to company standard operating procedures (SOPs) and defined support processes. Select Accept cookies to consent to this use or Manage preferences to make your cookie choices. The average CTO salary is $183,108. Based on Glassdoor, the average salary of a CTO is $166, 246. Companies across the country have CIOs and CTOs that do just about whatever they want. CTO vs CIO? The CTO also deals with vendors, but these vendors are those with adequate solutions to product enhancement, regardless of whether or not they are technologically related. IoB Explained, 6 Ways to Improve IT/Business Collaboration, Aligning and deploying technology to streamline business processes, Focusing on the requirements of internal employees and internal business units, Collaborating with ISPs and vendors to drive productivity, Owning the company’s tech offerings and external products, Using and reviewing technology to enhance the company’s external products, Managing the engineering and developer teams, Understand and touch all technologies the company deploys, Aligning product architecture with business priorities, Collaborating with vendors on supply solutions. What emerges is a complex pattern of modern IT leadership. This LinkedIn website uses cookies and similar tools to improve the functionality and performance of this site and LinkedIn services, to understand how you use LinkedIn services, and to provide you with tailored ads and other recommendations. Here’s a … Author Petra Ignjatović . A CTO is a Chief Technology Officer. But keep in mind these are just titles. If your emphasis is on internal efficiency and continuity, then a CIO will likely be the right fit for your company. They monitor the cost of the company's IT resources, budget variance, and department performance. CIO (Chief Information Officer) and CTO (Chief Technology Officer) are both executive-level roles in organizations. The CTO is responsible for merging technology with production. It is quite easy to assume that a Chief Information Officer (CIO) is the same thing as a Chief Technology Officer (CTO). Does your team need to solve a problem by building new technology? Usually they are separated because usually they work well that way. CTO vs CIO — does your business need one, the other, both or none . A simple distinction is that the CIO typically looks inward, aiming to improve processes within the company, while the CTO looks outward, using technology … View my profile. The CIO and CTO job roles are frequently confused, but there are clear distinctions between the two positions in most large enterprises. A CTO may be responsible for the following: Though a CTO is tech-focused, staying abreast of tech developments and relying on a background in computing or software engineering, a successful CTO must also embrace right-brain skills like creativity. A similar role to the CIO position, since in some companies they share tasks. However, there are important differences from the point of view of a mid-market CEO. If you’re looking to hire or create the position of a CTO or CIO, consider these guiding questions to determine which role you’re actually in need of: Importantly, from the individual’s perspective, these are independent career paths: you don’t train for years towards a CIO role and switch to a CTO position on a whim. Do what you can to make both positions a reality as soon as possible. However, they operate in different organizational functions, with other daily responsibilities and goals. When your budget is limited and you need technical help, the choice you make is ultimately based on your overall business strategy. And understanding it can make life a lot simpler for everyone involved. Examples of an IT Director’s responsibilities include oversight of support services, staff management, IT asset lifecycle ma… What Is the Internet of Behaviors? CIO vs. CTO: Their key differences. CIO vs CTO – Which role is right for you? This week we discuss the various C-Level titles in the tech world: CTO vs CIO vs CDO vs others. Innovation might start with a simple question of “How can I use this technology differently from everyone else?”.
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