When you start working on a custom digital product, you need to hire experienced developers and someone who will move your project in the right direction. This should be a developer with many years of expertise and a vision for your project’s growth. In turn, for startups, the search for such a specialist can drag on for many months. If you do not want to waste time, use the CTO as a Service collaboration model. Let’s find out what it is and what duties are the responsibility of a specialist in this area.
Definition
CTO as a Service allows you to get a remote Chief Technology Officer to mentor your internal development team. When choosing a CTO role in this format, you get all the same benefits as when hiring a full-time specialist, but without any time and financial costs associated with hiring, arranging a physical workplace, vacation and hospital payments, etc. Usually, cooperation occurs either on request, according to the agreed number of hours per week/month, or in full-time mode, but at a distance.
What Tasks Does This Expert Perform?
The duties of this specialist may vary from project to project – it all depends on what you need. However, there is an average list of tasks that experts of this level usually perform.
So, let’s discuss in more detail the responsibilities you can delegate to your remote contractor who provides a CTO service.
- Reduction of operational risks. A CTO service help establish resilient operations, processes, and infrastructure by monitoring IT budgets, improving resource planning, and participating in business crisis management and security issues through overall governance and risk management, product, and planning.
- Following the trends in the market of your business industry and business transformation. Given many projects in CTO’s track record, they can implement development strategies aligned with modern development methodologies and best practices, focusing on target business markets and implementing projects to support the customer experience.
- Creation of a digital transformation strategy. Through end-to-end control over the transformation of each business process and suggesting options for how technology can help a company achieve greater success, CTO services for startups can take a business or a specific project to a new level.
- Team building. Also, a CTO as a Service specialist takes responsibility for mentoring in the team, coaching and assisting in professional development, hiring new employees, as well as filling technical gaps in the process of finding the necessary technical specialists.
- Upward management. When you hire CTO, you get an expert responsible for communicating with stakeholders and investors and presenting technology strategies and implementation plans to them.
Final Thoughts
Suppose your project needs a reliable technical consultant to create an effective technology strategy that aligns with your business goals. In that case, you should consider working with a virtual CTO. In particular, you can contact us to get a reliable mentor for your team at a reasonable price.
