Chief Technology Officer

Summary

A Chief Technical Officer or more commonly Chief Technology Officer (abbreviated as CTO), is an executive-level position in a company or other entity whose occupant is focused on scientific and technological issues within an organization. It typically involves overseeing Research and Development (R&D) activities, and formulating long-term visions and strategies at the officer level. Essentially, a CTO is responsible for the transformation of capital - be it monetary, intellectual, or political - into technology in furtherance of the company's objectives. They must typically combine a strong technical or scientific background with business development skills.The role became prominent with the ascent of the information technology (IT) industry, but has since become prevalent in technology-based industries of all types (e.g.

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