A Chief Technology Officer, or CTO, is a high-level executive responsible for overseeing the technological direction of a company. They play a crucial role in managing the development and implementation of technology strategies that align with the organization's goals. This includes evaluating new technologies, ensuring the efficiency of existing systems, and leading the technology team. CTOs often collaborate with other executives, such as the CEO and CIO, to drive innovation and improve products or services. They must stay updated on industry trends and advancements to make informed decisions that enhance the company's competitive edge in the market.