A Chief Technology Officer (CTO), as the name suggests, is a key executive role inside a company or organization responsible for understanding the business drivers and align the technologies that are required for meeting the business objectives. Considering the speed of technology advances, it is extremely important (if not vital) to constantly adapt the business with these advances in order to keep up with the competition which makes the role of CTO critical for any modern business.
However, despite the importance of the CTO position for any organization, many Small and Medium Businesses (SMBs) simply can’t afford the overhead of a full-time CTO or simply are not of the size that would require a full-time CTO.
So is there a solution? Of course – Virtual CTO!
Like so many other examples (such as Cloud Computing), the advance of communications has created many business models and facilities where you only have to pay for a service as much as you need it. And Virtual CTO is exactly that.
Just like in a cloud server where you don’t need to pay for the costs of a dedicated server, a Virtual CTO is actually a consulting service provided by some service providers that fulfills the exact role of a CTO when required for any size of a business at very competitive prices.
This is an ideal service for any SMB, enabling these companies to keep up with the technology and make the best out of it.
Like almost anything else in this world, you have a range of good and bad Virtual CTO services offered at different costs. The services you should expect from a good Virtual CTO would include:
I would highly encourage a Virtual CTO service to SMBs because: