Fractional CTO Services

Fractional CTO Services

Having the right people in leadership positions will always propel your business in the right direction. One of the crucial resources you need is a Chief Technology Officer (CTO) to help you maintain a competitive edge.

A CTO is a multi-faceted, highly experienced, and creative head responsible for the overall strategic business direction. Their input is vital in enabling efficient utilization of technology throughout your entire company.

Unfortunately, due to the expertise and experience that CTOs bring to the table, they also charge a high price for their services. To small businesses, the cost is prohibitive and keeps them from getting these vital services.

Luckily, a fractional CTO comes in to provide the same services but at a more affordable cost. If you desire more confidence and visibility in your team, it is time to bring in a fractional CTO. Experts from Accelera IT Solutions are here to help you get your money's worth from your team and overall business operations by developing business and IT strategies that work.

What Does a Fractional CTO Do?

A fractional CTO works a fraction of the time a CTO would, handling a portion of the projects at a fraction of the cost. In other words, a fractional CTO comes in to deliver on-call CTO consulting and CTO advisory services. More specifically, this business resource will help you:

• Craft your business technology strategy, test it, adjust it as necessary, and execute it
• Research and ensure your business uses the correct technology to achieve its goals
• Analyze your company's bigger picture to ensure the product roadmap is robust and entails all the crucial elements
• Act as your turnaround agent when you have challenges with your existing development team. A fractional CTO is skilled enough to determine what is needed and how your teams can adjust to turn around troubled situations
• Review and negotiate your business contracts
• Fundraise and build robust business relationships
• Optimize the design and delivery of technology services and products

A fractional CTO plays a crucial role, being more than an advisor but less than a full-time CTO.

The Difference Between a CTO and CIO

In looking for the services of a CTO, you might have come across a CIO (Chief Information Officer), but the two professionals differ. While they both hold executive-level positions and manage business technology, a CTO focuses on customer-facing technology, while a CIO is inclined towards internal technology.

In other words, a CTO plays a role in your strategic business planning. On the contrary, the role of a CIO is more technology-focused. For your business to be successful, it pays to consider hiring both professionals. One is not more important than the other; neither can their roles be interchanged.

How Accelera IT Solutions Helps

Maintaining a business is not for the faint-hearted, and this is why you need a multi-faceted professional to walk the journey with you. We understand that you may not have the budget for a full-time Chief Technology Officer, and that's why we come in to offer our fractional CTO services.

• Vast experience: we have been in the industry for years and provide the technology and business leadership you need. This will save you the trouble of trying to find solutions to technical problems on your own.
• Cross-domain knowledge: most of our clients face similar technical issues that have similar solutions. We will save you the time and money it takes to create solutions from scratch by applying reusable but customizable knowledge, cutting down on research and implementation across the board.
• Lower overhead and technology costs: through our fractional CTO services, we will help you reduce the number of hours you need to manage your technology resource. We use automation tools and centralized reporting to lower the learning curve while keeping your payroll and office expenses lower.