What is a Chief Technology Officer? Definition and meaning

Chief Technology Officer

Definition: a Chief Technology Officer is is the most senior company executive responsible for technological and scientific development projects within a company.
The CTO or Chief Technological Officer is a first level executive focused on developing new technologies within a company. The CTO envisions the technology of a company and anticipates technological changes as an answer to changes in customer needs. Most companies using this position can be found in the IT industry. Could also be called (Senior) Vice-President of Technology in certain companies.
A CTO is commonly in charge of the research and development team of a company.

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