India, April 16 -- The CIO role is continuing to evolve with time. That said, there's a wide variance in what that title means and how the role is treated within companies. In some organizations, the CIO reports to the CTO. In other organizations the reverse is true. Some oversee several other C-level roles including the chief data officer (CDO), chief analytics officer (CAO), Chief Information Security Officer (CISO) and CTO. Their span of control says something about their role in the organization.

However, the level of influence they have is even more important, particularly as businesses become more technology-dependent and technology-driven. Digital transformation is an extreme example of that.

Most CIOs have equal standing with othe...