The role of the Chief Data Officer continues to evolve. But just when does data go from an asset to a liability?

During theCUBE’s kickoff to day two of MIT CDOIQ Symposium 2015, Dave Vellante and Paul Gillin look back at the nine-yearr Symposium history and how the focus of the event has changed from information quality to Big Data and analytics.

Chief data officer role continues to expand

The focus of this year’s event revolves around the role of the Chief Data Officer (CDO) Vellante asks: “Is it to permit and enable access to data or restrict and protect data?”

Three years ago when theCUBE, SiliconANGLE’s Media team, first covered MITDOIQ, there was a lot of excitement around the concept of having a CDO, but Gillin believes that the role is now in the “trough of disillusionment” phase of Gartner’s Hype Cycle, with the mainstream not seeing the role as necessary. Even within the finance, healthcare and governmental institutions that recognize the need for oversight of their data resources, there are organizational issues over the role, including the perception of the CDO as the “bad guy” who restricts access to data and therefore frustrates innovation.

With data increasing exponentially, the question remains: Should it be treated as a liability or an asset?

Watch the full interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of MITCDOIQ Symposium 2015.

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Photo by SiliconANGLE