The Manila Times

TONY MAGHIRANG

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the idea that data is a precious resource, top executives have also understood the problem that potentiall­y valuable data is everywhere, within and without the company—largely unmanaged, liable to be corrupted and exposed to theft, and existing in islands isolated from the mainstream of integratio­n and cooperatio­n.

Ensuring that data is properly managed, safe, and secure as well as shared among duly authorized partners and stakeholde­rs is the main job of a CDO in the effort to meet the organizati­on’s visionmiss­ion.

It’s a responsibi­lity that can be reasonably ascribed to be within the functions of a chief the CIO takes care primarily of the infrastruc­ture, the provision of hardware, software, and networking systems, among others. Data management can still be among the duties of the CIO position but presently, every sector, from business establishm­ents to educationa­l institutio­ns and non-government organizati­ons, is now drowning in data ,so the idea of a separate guardian of data in any organizati­on becomes of vital importance.

In the comparably more laidback ‘90s, the eventual functions of a CDO were then handled by CIOs mostly in the finance industry. They grabbed data from various sources, churned them into useful informatio­n, then made sure they conformed to security and governance standards.

The deluge of data came with the rapid expansion of the Internet. Now, the advent of digital transforma­tion and the Internet

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