The Value of a CTO
Strategic Viewpoint – A significant advantage of having a CTO is that you now have a single point of contact and a person solely responsible for designing a technology strategy and the infrastructure and applications that will meet your business goals. Because the technology leader is an integral part of your executive team, the technology strategy and roadmap will closely align with your business needs and drivers and allow your business to be competitive and productive.
Information Resource – A CTO typically brings years of experience and a wealth of information to your organization. Whether it is determining the best technology strategy, infrastructure strategy, educating you on how to utilize social media to grow business, or explaining how cloud computing may be right for you, your CTO provides leadership and vision.
Business & Technology Expertise – Your CTO helps ensure that the business drivers and needs are being met by your current and future technology strategy. Your CTO can translate business speak into technology terms and also explain technology solutions in layman’s terms. This allows both the business and technology teams to understand goals, technology, and business drivers.
ROI – A Fractional CTO can help align technology spending with business objectives. The Fractional CTO can also help to measure technology expenses against, maintain budgets, define ROI (Return on Investment) baselines, and help your business decide which technology projects, services, or applications will meet your business needs and what the return on investment will be.
Experience – With a Fractional CTO you get an expert team capable of providing a broader spectrum of experience across many technologies – eliminating the need for you to support a staff trained in multiple disciplines.