What does a CTO do for a company?

A chief technology officer (CTO) is responsible for overseeing the development and dissemination of technology for external customers, vendors, and other clients to help improve and increase business. They may also deal with internal IT operations if a company is small and doesn’t have a chief information officer.

Can a company have three CEOs?

Some companies have two or even three people serving as CEO. While the arrangement isn’t widespread, there are a number of tech companies, including Samsung, Huawei and Oracle that operate with several head honchos.

What are CTOs worried about?

The biggest concerns that worried most CTOs were cybersecurity threats and data breaches. As most people worked from home, they were out of the internal networks of businesses. And they used their own systems, internet, and other connected devices.

Can companies have 2 CEOs?

Chipotle, Whole Foods, and Deutsche Bank have also been run by two CEOs. Samsung even has three of them. Previous implementations suggest that having more than one chief executive can help a company accomplish more by delegating different roles to each head. But the system is certainly not for every company.

What do the top 10 IoT startups focus on?

7 of the top 10 IoT startups primarily focus on AI, Analytics, and Data Science. 46\% of all IoT startups tracked by IoT Analytics primarily focus on AI, Analytics, and Data Science.

Who is the CEO of the IoT company fitfounded?

Founded by Karim Bendhia, who is now its CEO, the IoT company completed its Series B funding in March of last year with a total of €3.3m. It aims to expand its international remit, in addition to its first international office in Phoenix, Arizona.

How many Internet of Things startups are there?

IoT Analytics found that there approximately 1,018 startups creating Internet of Things (IoT) products or services today. They have defined one of the most thorough methodologies in IoT research to identify the top 10 IoT analytics startups worldwide.

How big is the IoT market in Europe?

With the Institute of Electrical and Electronic Engineers (IEEE) forecasting that about 30bn connected objects will constitute the worldwide IoT by 2020 – an estimated $7.1bn market – European hardware and IoT start-ups hold the controls to one of the biggest revolutions of our time.