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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.
Remember, hiring a CTO is not a quick fix, it's a long-term strategy that will require an average of 90 to 120 days of the hiring process and even longer to on-board a hire.Dig Deeper: Improving Your Hiring Practices.ome companies have a CTO focused on operations under the CIO. Others have the CTO as the top person for technology at the company and the CIO reports to that person regarding internal systems.. So, roles vary a bit â and so do actual titles.