The Evolution of Data Management in the Business World: An Insight into the Growing Importance of Chief Data Officers and Data Managers

The Chief Data Officer: A Trendy Role in Top Companies

The digital transformation of the business world has led to new roles, including data managers. According to a report by EY and the Club Chief Data Officers Spain & Latam, more than half of current data managers are in positions created in 2023. This indicates that the Chief Data Officer role is becoming more professionalized and industrialized, with standardized structures, training, and increasing organizational support.

A data manager typically holds a graduate degree in computer engineering or telecommunications with around 20 years of experience and an average age of 43. The growth of data teams in companies is evident, with 88% of data areas expanding and a third doubling. Large companies in sectors like Banking and Insurance are leading the way in data management, while sectors like Transportation and Energy are also focusing more on data.

Looking ahead, 84% of data directors plan to expand their teams, with a third expecting growth of at least 50%. The Public Administration sector is still in the early stages of data maturity but has room for further development. Overall, the trend of investing in data management is expected to continue rising in the coming months.

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