A Chief Technology Officer (CTO) is a senior executive responsible for overseeing the technological direction of a company. They play a crucial role in managing the development and implementation of new technologies, ensuring that the company's tech strategy aligns with its business goals. The CTO often collaborates with other executives to drive innovation and improve operational efficiency. In addition to strategic planning, the CTO also leads the technology team, which may include software developers, engineers, and IT specialists. They are responsible for evaluating emerging technologies and determining how they can be integrated into the company's products or services, ultimately enhancing competitiveness in the market.