Intelligent CIO LATAM Issue 30 | Page 39

CIO OPINION
Today ’ s user is not only more familiar with crunching data but has access to automated tools .
Emilio Valdes , SVP , EMEA and LATAM , Informatica

The evolution of CDOs in the age of AI

Emilio Valdes , SVP , EMEA and LATAM , Informatica , tells us how the evolution of CDOs has evolved in the age of AI . He says : “ While AI can be a powerful ally to improve productivity and unlock new , better ways of serving its customers , it could also be your worst nightmare .”

AI will dominate the industry conversation in 2024 and thrust CDOs into the spotlight like never before . Data is the fuel which keeps AI growth engines running . And Chief Data Officers keep that data flowing , making their work more important than it ’ s ever been .

CDOs will have to ask themselves one important question in 2024 : is my organization ready for AI ? To answer that , they must consider whether they , their team and the entire business are prepared to deal with the avalanche of data that ’ s coming their way .
It ’ s no surprise that AI is the Collins Dictionary word of the year for 2023 . We ’ ve seen rapid adoption from ‘ narrow AI ’ applications such as ChatGPT through to automated trading programs – both excellent demonstrations of the power and potential of Artificial Intelligence .
New reporting requirements around sustainability and ESG metrics will generate mountains of data over the next two years . www . intelligentcio . com INTELLIGENTCIO LATAM INTELLIGENTCIO LATAM 39