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But generally a CIO is responsible for technologies that run a business internally while a CTO is responsible for technologies that grow the business externally. An article from Oracleâs ProfIT magazine explains the distinction between the two roles in larger organizations.
CTOs typically own the overarching technology strategy for a company and how that strategy meshes with and supports that company's business requirements and objectives. A CTO can also report directly to the CEO or another C-level executive. Of course, there are many different types, shapes and sizes of CIOs and CTOs. Though there is no singular definition of what constitutes a great CIO or CTO, we can identify some common traits and skills that are shared by the best CIOs and CTOs. MORE: Best IT Certifications.