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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.
Role of the Chief Technology Officer. A chief technical officer or chief technology officer (abbreviated as CTO) is an executive position whose holder is focused on scientific and technical issues within an organization.ssentially, a CTO is responsible for the transformation of capital â be it monetary, intellectual, or political â into technology in furtherance of the companyâs objectives. The size and type of the organization heavily influences the responsibilities of a CTO.