, former CTO of
Cisco and
Motorola A CTO "examines the short and long term needs of an organization, and utilizes capital to make
investments designed to help the organization reach its objectives... [the CTO] is the highest technology executive position within a company and leads the technology or
engineering department". The role became prominent with the ascent of the IT industry, but has since become prevalent in technology-based industries of all types – including computer-based technologies (such as
game developer,
e-commerce, and
social networking service) and other/non-computer-focused technology (such as
biotech/
pharma,
defense, and
automotive). In non-technical organizations as a corporate officer position, the CTO typically reports directly to the
chief information officer (CIO) and is primarily concerned with long-term and "big picture" issues (while still having deep technical knowledge of the relevant field). In technology-focused organizations, the CIO and CTO positions can be at the same level, with the CIO focused on the information technology and the CTO focused on the core company and other supporting technologies. Depending on company structure and hierarchy, there may also be positions such as
R&D manager, director of R&D and vice president of engineering whom the CTO interacts with or oversees. The CTO also needs a working familiarity with regulatory (e.g. U.S.
Food and Drug Administration,
Environmental Protection Agency,
Consumer Product Safety Commission, as applicable) and
intellectual property (IP) issues (e.g.
patents,
trade secrets, license contracts), and an ability to interface with legal counsel to incorporate these considerations into strategic planning and inter-company negotiations. In many older industries (whose existence may predate IT automation) such as manufacturing, shipping or banking, an executive role of the CTO would often arise out of the process of automating existing activities; in these cases, any CTO-like role would only emerge if and when efforts would be made to develop truly novel technologies (either for facilitating internal operations or for enhancing products/services being provided), perhaps through "
intrapreneuring". == See also ==