The Top 5 Reasons to Consider a Virtual CTO
Having virtual employees is not a brand new concept. However, with the arrival of COVID-19 and the shift to working from home, it’s become way more common.
Hiring for the C-Suite might seem like a stretch, but, hiring a virtual CTO is becoming more popular and makes sense in many situations. This article will cover the top 5 reasons to get onboard and opt for virtual versus in-house help when looking for your next CTO.
What Is a CTO Today?
The acronym CTO stands for Chief Technology Officer, and this position fulfills a vital role in companies today. What is the responsibility of a CTO these days? A CTO’s main objective is to advise and lead an organization utilizing the most innovative and modern technology solutions today to achieve optimal operational efficiency and further all financial strategies.
Advantages of a Virtual CTO
We’ve already mentioned how remote employment has become more common in the post-COVID era. With this increase in popularity, more companies are now willing—and eager—to test out the remote working waters, including hiring a virtual CTO.
You may be wondering what positives would result from having an offsite CTO. Here are our top 5 reasons to consider adding a virtual CTO to your team.
Cost-Effective
Companies are pleasantly surprised when learning the financial benefits of hiring a virtual CTO. Opting for a virtual CTO versus an in-house tech leader allows an organization to avoid paying for relocation, travel, benefits, and other costs associated with hiring an in-person employee.
Increased Availability
Increased availability is another reason so many companies turn to remote workers, including virtual CTOs. Simply put: Being remote makes it easy to be accessible.
A virtual CTO trumps a traditional CTO because they can be anywhere. They can add value to—and be an active contributor—to multiple teams within your organization, without the hassles of any travel or time lost. It’s a winning scenario for all involved.
Adaptable for Small and Large Companies
Regardless of your company’s size—be it a large outfit or small start-up—a virtual CTO needs to be able to cater an approach to meet you where you are and help you grow as you go from there. An ideal virtual CTO will have a deep understanding of all the most current and up-to-date technical approaches at their disposal and be able to implement scalable, readily accessible systems and solutions that can help your company achieve its strategic objectives whether large or scaling.
Increased Flexibility
To achieve success in business, you need to be flexible and offer innovative solutions that match the technology needs of your clientele. A virtual CTO is ideal for accomplishing this aim. Modern applications focus on bringing your business into the future, making it prosper.
Access to Industry Best Practices
Have you heard of the“bubble” mindset? You get so ingrained in what is happening that you get limited to what you know and are familiar with and stick with that.
Hiring a virtual CTO allows you access to best practices outside of the four walls of your organization, offering greater perspective and visibility, among many other benefits. You will be amazed at how your virtual CTO’s wide range of experience gained from working for different organizations with varying sets of challenges will breathe new life—and usher in incredible solutions—to your business.
To learn more about AMPlify and our virtual CTO services, connect with our team.
