Everyone is talking about going ‘digital’ and capitalizing on the ‘Internet of Things’ (IoT). But most organizations have a hard time responding to both these trends because they lack an executive-level champion to guide their digital transformation process and determine how they take advantage of IoT opportunities.

Because becoming a ‘digital’ company entails a different approach to engaging with customers, partners and other stakeholders, it also requires a different set of skills, systems and applications to perform this function. This has raised the question – do we need a new Chief Digital Officer (CDO) to lead this effort?

Yet, even as many organizations grapple with the idea of creating a CDO position to address their changing customer engagement requirements, a new set of challenges are emerging as a result of the rapidly evolving world of IoT. Does this mean they need a Chief IoT Officer?

Click here to read THINKstrategies’ views in Datamation.

CDO Chief Digital Officer Chief ioT Officer