According to a 2022 study, the vast majority of leading firms with a Chief Data Officer (CDO) saw higher revenue growth rates between than firms without a CDO in place. The relative difference was greatest in the energy sector, followed by utilities and real estate. Many large firms have appointed senior data executives in recent years as they look to implement an effective data strategy and improve data governance and compliance.
Difference in revenue growth of leading global companies with a Chief Data Officer (CDO) compared to those without from 2017 to 2022, by sector
Characteristic
Relative difference in revenue growth
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
PwC. (December 7, 2022). Difference in revenue growth of leading global companies with a Chief Data Officer (CDO) compared to those without from 2017 to 2022, by sector [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1361589/relative-growth-of-global-firms-with-a-cdo/
PwC. "Difference in revenue growth of leading global companies with a Chief Data Officer (CDO) compared to those without from 2017 to 2022, by sector." Chart. December 7, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1361589/relative-growth-of-global-firms-with-a-cdo/
PwC. (2022). Difference in revenue growth of leading global companies with a Chief Data Officer (CDO) compared to those without from 2017 to 2022, by sector. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1361589/relative-growth-of-global-firms-with-a-cdo/
PwC. "Difference in Revenue Growth of Leading Global Companies with a Chief Data Officer (Cdo) Compared to Those without from 2017 to 2022, by Sector." Statista, Statista Inc., 7 Dec 2022, https://www.statista.com/statistics/1361589/relative-growth-of-global-firms-with-a-cdo/
PwC, Difference in revenue growth of leading global companies with a Chief Data Officer (CDO) compared to those without from 2017 to 2022, by sector Statista, https://www.statista.com/statistics/1361589/relative-growth-of-global-firms-with-a-cdo/ (last visited August 25, 2024)
Difference in revenue growth of leading global companies with a Chief Data Officer (CDO) compared to those without from 2017 to 2022, by sector [Graph], PwC, December 7, 2022. [Online]. Available: https://www.statista.com/statistics/1361589/relative-growth-of-global-firms-with-a-cdo/