06Jun

What’s the difference between a CTO and a CIO?

“Good question,” admits ZDNet. Where once the Chief Information Officer was universally acknowledged as the most senior IT executive, now, says the tech site, it “depends very much on the type of business you’re talking about.”

Where a business has only a CIO or a Chief Technical Officer, it’s an easy call – that’s the top IT executive. The duties and responsibilities are clear. Where the situation gets murky is when an organization has both.

Explains ZDNet, “The traditional split is that the CTO is responsible for the operational concerns associated with technology implementation. CTOs drill down into the details of technology. They have a strong systems focus and they know how technology works, making it more of a chief architect role.

“CIOs, on the other hand, tend to focus more on engaging with the business. So while the CTO might go and speak with vendors to source technology, the CIO makes sure the internal business gets the secure and governable systems and services it wants.”

Everyone got that? No? How about this from InsiderPro:

“CTOs are similar to CIOs. But they are responsible for the overarching technology strategy and infrastructure to help meet the organization’s goals, while CIOs oversee the IT departments and staff to manage everyday operations and in many cases work with business leaders on aligning IT with business goals.”

Where both roles exist, InsiderPro says “the CTO usually reports directly to the CIO.”

But wait. Pointing out that “As the importance of technology within the business has risen, so has the demand for knowledgeable technologists,” ZDNet says, “Some businesses – including established enterprises – have opted to rely more on a CTO than a CIO.”

Dig a little further and you’ll find that the hierarchical distinction is becoming less important as the bigger businesses move ever further along the path to digital transformation. Bornfight, a project-focused development firm, has a different take on the relationship between chief technology and chief information officers. It defines the jobs this way:

  • “Chief Information Officers are members of the executive team who are responsible for ensuring that a company leverages technology in a way that helps it optimize, improve and streamline internal processes.”
  • “Chief Technology Officers are members of the executive team who are responsible for ensuring that a company’s product utilizes technology in a way that will meet the customers’ needs.”
  • The company included this handy chart comparing the roles.CTO vs. CIO - blog.jpg

Bornfight’s most significant contribution to the discussion may well be that in organizations large enough to need both, CIOs and CTOs are complementary to each other.

“From a business perspective, you need these two positions and you need them to fit well together and cooperate — this leads to progress. The right way to approach this is to look at these positions as two sides of the same technology coin, a sort of a buddy-buddy relationship.”   

Photo by ThisisEngineering RAEng on Unsplash

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Anthropic Unveils Claude 3: Redefining AI Chatbots with Enhanced Capabilities

Anthropic, the AI startup backed by Google and with substantial venture capital, has just introduced the latest iteration of its GenAI technology: Claude 3. This announcement marks a significant advancement in AI capabilities, positioning Claude 3 as a formidable competitor even against OpenAI’s GPT-4.

Advanced Capabilities

According TechCrunch, “Claude 3, as Anthropic’s new GenAI is called, is a family of models — Claude 3 Haiku, Claude 3 Sonnet, and Claude 3 Opus, Opus being the most powerful. All show “increased capabilities” in analysis and forecasting, Anthropic claims, as well as enhanced performance on specific benchmarks versus models like ChatGPT and GPT-4 (but not GPT-4 Turbo) and Google’s Gemini 1.0 Ultra (but not Gemini 1.5 Pro).”

Multimodal Functionality

One notable feature of Claude 3 is its multimodal functionality, enabling it to analyze both text and images. This capability, like some iterations of GPT-4 and Gemini, allows Claude 3 to process various visual data such as, “…photos, charts, graphs and technical diagrams, drawing from PDFs, slideshows and other document types.” TechCrunch went further to note, “In a step one better than some GenAI rivals, Claude 3 can analyze multiple images in a single request (up to a maximum of 20). This allows it to compare and contrast images, notes Anthropic.” However, Anthropic has imposed limits on image processing to address ethical concerns, “Anthropic has disabled the models from identifying people…”

Claude 3’s Limitations

While Claude 3 showcases remarkable advancements, it’s not without limitations. TechCrunch reported that, “…the company admits that Claude 3 is prone to making mistakes with “low-quality” images (under 200 pixels) and struggles with tasks involving spatial reasoning (e.g. reading an analog clock face) and object counting (Claude 3 can’t give exact counts of objects in images).” Anthropic promises frequent updates to Claude 3, aiming to enhance its capabilities and address existing limitations. These updates will include improvements in following multi-step instructions, structured output generation, and multilingual support, making Claude 3 more responsive and adaptable to user needs.

As Anthropic continues to innovate and expand their offerings, the company remains dedicated to fostering a transparent and responsible approach to AI development. With substantial backing and a clear roadmap for future enhancements, Anthropic is poised to share the future of AI-driven solutions and pave the way for transformative advancements in various domains.

If you’re looking to take your career to the next level be sure to check out our IT page.

Businesses Are Seeing The Value of Blockchain Sample

Now organizations in sectors well beyond the pioneers in finance are investing in blockchain to protect data, decentralize processes and facilitate asset and data transfer.

“It’s an appealing model for many sectors, promising transparency and trust as it helps make value exchange possible,” says a SmartBrief article. Although focusing mostly on the financial sector, which is where blockchain found its earliest uses, the article mentions the steady creep of the technology into other industries and even slowly becoming commoditized as “blockchain as a service.”

“Amazon and Microsoft both currently offer BaaS, and enterprises as well as startups are taking advantage of it,” says SmartBrief. Citing a Gartner survey of CIOs, the article notes that “60% expected their firms to start or continue adopting blockchain-based technology between now and 2023.”

Earlier this year, Deloitte issued a blockchain trends report. Besides describing the evolving technology and the features each different approach offers, Deloitte found that some of the fastest growth in blockchain investments was coming in such unexpected industries as professional services – a sector that includes the staffing and employment industry – and energy and resources. In each of those 38% and 43% respectively of the firms surveyed were spending at least $5 million each on blockchain initiatives.

Not unexpectedly, the largest percentage of businesses investing in blockchain were in technology, media and telecom.

“More organizations in more sectors — such as technology, media, telecommunications, life sciences, health care, and government — are expanding and diversifying their blockchain initiatives,” Deloitte observes.

Like the financial sector, life sciences and health care deal with highly sensitive medical data they must protect or face legal consequences. Those two sectors are where blockchain “can have a more immediate and meaningful impact,” says Deloitte. They are in an industry, the report explains, “In which data transparency, speed of access, immutability, traceability, and trustworthiness can provide the information necessary for life-altering decisions.”

Interestingly, Gartner assigns a similar importance – not life or death, but still vital – to blockchain’s value to media.

“Organizations and governments are now turning to technology to help counter fake news, for example, by using blockchain technology to authenticate news photographs and video, as the technology creates an immutable and shared record of content that ideally is viewable to consumers,” Gartner said.

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