What Does a VP of Technology Do

VP of Information Technology Guide: What Does a VP of Technology Do?

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What Does a VP of Technology Do?

The VP of technology position has many different titles, the most common being CIO (Chief Information Officer) and CTO (Chief Technology Officer). The C-level position is in charge of all technology and information systems within the organization.

Another common title is VP of IT (Vice President of Information Technology). 

Both VP of IT and CIO are used to identify the same role. The only difference is that some companies will use IT for CIO, while others will use IT for the VP of IT.

Some companies use the term CTO to describe their Chief Technical Officer. A CTO is similar to a CIO, only in charge of more technical aspects within the company instead of a broader scope.

This role typically reports to the CEO or COO and may report to a CFO or even a Chairman.

What Does a VP of Technology Do?

A VP of technology has many responsibilities, but their main responsibilities include:

1. Develop and implementing a technology strategy for the organization.

2. Manage all hardware and software systems within the company.

3. Oversee all information security, including compliance with government regulations such as HIPAA and SOX.

4. Developing and managing vendor relationships with software vendors such as Microsoft, Oracle, SAP, etc.

5. Managing the company’s IT budget, including hardware purchases and software licensing costs such as Microsoft Office 365 ProPlus Subscription.

6. Developing infrastructures that meet business needs while balancing technical debt

How to Become an Information Technology Vice President

If you want to be a vice president of information technology, one of the first things you should think about is how much schooling you’ll need. 

We discovered that 66.4 percent of vice presidents of information technology had a bachelor’s degree or above. In terms of higher education, we discovered that 16.3 percent of vice presidents of information technology had master’s degrees. Even though most vice presidents of information technology have a college degree, it is feasible to become one with only a high school diploma or GED.

When investigating how to become a vice president of information technology, choosing the proper major is always crucial. When we looked into the most popular majors for a vice president of information technology, we discovered that they often acquire bachelor’s or master’s degrees. 

Degrees

Other degrees that we frequently find on vice president of information technology resumes are an associate and doctorate degrees.

You could discover that previous work experience will help you advance to the vice president of information technology. Indeed, many vice presidents of information technology positions need prior expertise, such as information technology directors.

Meanwhile, many vice presidents of information technology have prior expertise in information technology manager or vice president positions.

There are also some vice presidents of information technology who have been chief information officer, chief technology officer, and chief information security officer. 

It is not uncommon to find prior experience in a position such as a network engineer or help desk specialist on a vice president of information technology resume.

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