What are the responsibilities of the technology office of a firm's information systems (IS)department?

What will be an ideal response?

Most information systems (IS) departments include a technology office that
investigates new information systems technologies and determines how the organization can
benefit from them. For example, today many organizations are investigating social media and
elastic cloud opportunities and planning how they can use those capabilities to best accomplish
their goals and objectives. An individual called the chief technology officer (CTO) often heads
the technology group. The CTO sorts through new ideas and products to identify those that are
most relevant to the organization. The CTO's job requires deep knowledge of information
technology and the ability to envision and innovate applications for the organization.