Digital business transformation Definitions

  • C

    Chief Digital Officer (CDO)

    A chief digital officer (CDO) is an executive enlisted to help businesses transform traditional IT policies and business processes to accommodate digital sectors such as mobile technology and applications and Web-based information management and marketing trends.

  • Chief Operating Officer (COO)

    A Chief Operating Officer (COO) is the corporate executive who oversees ongoing business operations within the company.

  • Chief Transformation Officer (CTO)

    Chief transformation officer is an executive role, often in the C-suite, that focuses on bringing about change as well as growth in revenue and profit to an organization.

  • CIO (Chief Information Officer)

    A chief information officer (CIO) is the corporate executive in charge of information technology (IT) strategy and implementation.

  • CKO (chief knowledge officer)

    Chief knowledge officer (CKO) is a corporate title for the person responsible overseeing knowledge management within an organization.

  • clean room technique (clean room design)

    The clean room technique is a process in which a new product is developed by reverse engineering an existing product, and then the new product is designed in such a way that patent or copyright infringement is avoided.

  • collaborative computing

    Collaborative computing is a diverse collection of information technologies designed to support work between individuals. Organizations implementing collaborative computing technologies do so as a way to improve workforce productivity and creativity by enabling individual workers to more readily access each other and the information they need when they need it.

  • competitive advantage

    Competitive advantage is the favorable position an organization seeks in order to be more profitable than its rivals.

  • Compliance: Glossary

    A printable glossary of compliance-related terms.

  • core competency (core competencies)

    Core competency is an organization's defining strength, providing the foundation from which the business will grow, seize upon new opportunities and deliver value to customers.

  • critical success factors

    Critical success factors are a limited number of key variables or conditions that have a tremendous impact on how successfully and effectively an organization meets its mission or the strategic goals or objectives of a program or project.

  • crowdsourcing

    Crowdsourcing is the practice of turning to a body of people to obtain needed knowledge, goods or services.

  • cutting edge

    Cutting edge is an adjective used to describe the newest, most advanced version of a product or service. The phrase cutting edge has a positive connotation and can be contrasted with the phrase bleeding edge, which has a negative connotation. Bleeding edge implies that a product or service is so new that its adoption could be harmful. 

  • D

    data collection

    Data collection is a process for gathering information from different sources. In business, data collection helps organizations answer relevant questions and evaluate possible business outcomes.

  • data products

    A data product is digital information that can be purchased. 

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