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
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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 December 31, 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 December 31, 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: December 31, 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 December 31, 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/
