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The differences between information technology asset managers and chief information officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become an information technology asset manager, becoming a chief information officer takes usually requires More than 10 years. Additionally, a chief information officer has an average salary of $146,907, which is higher than the $84,147 average annual salary of an information technology asset manager.
The top three skills for an information technology asset manager include ITIL, ITAM and CMDB. The most important skills for a chief information officer are CIO, project management, and network infrastructure.
| Information Technology Asset Manager | Chief Information Officer | |
| Yearly salary | $84,147 | $146,907 |
| Hourly rate | $40.46 | $70.63 |
| Growth rate | 16% | 6% |
| Number of jobs | 96,219 | 124,678 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Average age | 47 | 52 |
| Years of experience | 8 | - |
Information technology (IT) asset managers are IT professionals who are responsible for maintaining a detailed inventory of the software and hardware assets of an organization. These IT managers are required to avoid unnecessary asset purchases while utilizing their IT asset resources to help their organization eliminate waste and increase efficiency. They must develop policies and standards to manage their IT asset portfolio both on a daily and long-term basis. IT asset managers must also maintain databases and records of information such as service agreements, licenses, and warranties for the software and hardware of the organization.
A chief information officer, also known as CIO, is responsible for the technological development within the company or organization. Primarily overseeing all information technology-related operations, a chief information officer takes the lead in setting the department's budget, developing strategies that will improve computer systems, and implementing policies to attain significant growth in profit and client base. Furthermore, a chief information officer is in charge of managing the workforce behind computer systems, ensuring their efficiency in accomplishing tasks and projects.
Information technology asset managers and chief information officers have different pay scales, as shown below.
| Information Technology Asset Manager | Chief Information Officer | |
| Average salary | $84,147 | $146,907 |
| Salary range | Between $58,000 And $120,000 | Between $98,000 And $219,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | California |
| Best paying company | - | Mayer Brown |
| Best paying industry | - | Agriculture |
There are a few differences between an information technology asset manager and a chief information officer in terms of educational background:
| Information Technology Asset Manager | Chief Information Officer | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Carnegie Mellon University | University of Pennsylvania |
Here are the differences between information technology asset managers' and chief information officers' demographics:
| Information Technology Asset Manager | Chief Information Officer | |
| Average age | 47 | 52 |
| Gender ratio | Male, 64.7% Female, 35.3% | Male, 81.4% Female, 18.6% |
| Race ratio | Black or African American, 6.7% Unknown, 5.2% Hispanic or Latino, 10.1% Asian, 12.6% White, 65.1% American Indian and Alaska Native, 0.2% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 76.9% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 11% | 12% |