What can a CTO do for your business?
The job description of a CTO involves overseeing the development and dissemination of technology for external customers, vendors, and other clients to help improve and increase business. They are in charge of developing policies and procedures that leverage technology to enhance products or services offered by the company.
A CTO must stay abreast of new technologies and determine how these can be used to offer a competitive advantage. They lead the technology development and research team, manage technology partnerships, and oversee IT-related projects to ensure they meet the company's strategic objectives.
A fractional CTO offers a solution for startups and small to medium-sized enterprises that require strategic technological leadership but cannot support or do not need a full-time executive in this role. This arrangement provides companies with access to experienced technological leadership who can develop and implement a technology strategy, manage technology development, and ensure the company's tech stack supports its business goals without the overhead of a full-time position.
Fractional CTOs can guide companies through critical phases such as tech stack decisions, digital transformation, cybersecurity strategy, and scaling technology for growth, providing flexibility and expertise to grow the company's technology capabilities strategically.