Fractional CTO:
We deliver the most advanced strategies for your business
Startups and small businesses often require the guidance of a Chief Technology Officer but may not have the resources to employ one full-time. That’s where we come in – providing you with an experienced CTO who will expertly handle your technology strategy, oversee your technical team, and keep your business ahead of the game.
What Does a Fractional CTO Do?
A CTO for a fraction of the time and for a fraction of the cost.
A fractional CTO oversees a multitude of responsibilities, including daily operations, cybersecurity efforts, technology contracts, routine maintenance, crisis management, technology contract management, product strategy, and growth planning. Essentially, they’re responsible for designing your company’s tech strategy, overseeing its launch, adjusting the strategy as needed, and looking for ways in which to optimize technical operations on an ongoing basis.
Our Offerings for Financial Services Businesses
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How can a fractional CTO help?
Responsibilities of a fractional CTO may include:
- Establishing a solid technology strategy
- Ensuring the right technologies are being utilized
- Mapping out ways in which technology can further the company’s goals
- Creating and managing product roadmaps
- Overseeing technology developments and internal IT operations
- Problem-solving for developers and other IT team members
- Making sure technology is properly distributed to external customers and clients
- Managing strategic partnerships with technology vendors
- Building a scalable product
- Supervising in-house and/or outsourced IT professionals
Why Hire a Fractional CTO?
Support for Small & Startup Businesses
A fractional CTO works extremely well in situations where a business doesn’t have a full-time CTO to handle strategy. Sometimes, a fractional CTO will be added to a company when the organization faces challenges with an existing development team. A fractional CTO can come in to help figure out what’s needed and how to adjust in order to turnaround troubled situations. Oftentimes, companies choose to work with fractional CTOs temporarily or on a contract basis.
If you don’t have technology experts on your leadership team, a CTO is worth the investment. A fractional CTO is a great solution if you require a talented individual to fill the role, but either don’t have the resources to bring on a full-time hire or your business is still growing and doesn’t yet provide enough work for a full-time CTO. With a fractional CTO, you can address precisely the projects you’re prepared to tackle, and you’re getting a seasoned professional with diverse experience (and a fresh perspective!) at a fraction of the cost.
If you’re asking yourself why you should hire a fractional CTO, consider the following:
- How familiar are your company’s executives with the technical aspects of your products, services, and technology?
- Did your organization’s CTO role recently become vacant?
- Do you have (or are you looking to build) an in-house or outsourced development team?
- Are your technological needs increasing in scope or complexity?
- Are you creating new products or applications?
- Is there a communication gap between your IT team and your executives?
- How much experience does your development team have making strategic business decisions?