WHAT IS A VIRTUAL CTO?
Is your business struggling with finding technology solutions to fit its needs? Do you believe you are losing money due to a lack of technological efficiency? A Virtual Chief Technology Officer, an outsourced, off-site IT manager, solves these issues and more every day.
Generally speaking, the overall objective of a Virtual CTO is to advise and guide an organization by providing the best technology solutions to maximize efficiency. For example, a Virtual CTO aims to align an organization’s IT strategy with its overall objectives.
WHO NEEDS A VIRTUAL CTO?
Because hiring an in-house chief technology officer can be cost-prohibitive for small- and medium-size organizations, many of them have begun looking elsewhere. Today, organizations can obtain the same level of expertise from an outsourced technology executive. If you think your business might benefit from outside help, see if any of these four warning signs apply to your business’ current situation.
- Your organization is having difficulty keeping up with the changing demands of technology.
- Technology issues in the office are becoming a distraction.
- Your company can’t justify the resources to hire an in-house staff member to manage IT.
- You see value in ongoing IT service rather than emergency quick fixes.
WHAT DOES A VIRTUAL CTO DO?
Virtual CTOs have the experience and expertise to:
- Participate in management decisions
- Communicate technology strategy
- Oversee research and development
- Assist with mergers and acquisitions
- Keep up-to-date on technology trends, standards and compliance regulations
Other key benefits include keeping management informed and up-to-date about how resources are actually being used; safeguards an organization’s private data and optimizing business processes.
A COST EFFECTIVE STRATEGIC ASSET
A Virtual Chief Technology Officer is a cost-effective, highly strategic hire that can handle a number of different responsibilities, including:
- Evaluate current network infrastructure, including client/staff needs and business goals, to determine what hardware needs to be added or replaced
- Oversee current technology assets
- Develop a technology vision for the organization
- Ensure that technical infrastructure is well-planned and effectively supported
- Vendor Management
- Develop policies
- Implement procedures
- Identify trends that could impact business
As companies begin to notice the impact technology can have on all aspects of their business, these warning signs present an opportunity to consider hiring a Virtual CTO. Furthermore, as COVID ushers in a decentralized workforce, traditional challenges begin to compound.
Virtual CTOs provide long-term technology planning, including developing strategic goals. This executive can aid communication between upper management and staff by bridging knowledge gaps… Or, if internal issues occur within your IT department, they are qualified to troubleshoot the problem and deliver additional value within your organization.
Large scale, Enterprise and Fortune 500 clients also benefit from our outsourced expertise in the areas of systems and architecture consolidation, cyber security & regulatory compliance, large scale Active Directory management, and technology planing in the areas of mergers and acquisitions.