What is a Virtual CIO?

 

As mentioned in Creating a Business Technology Strategy, business technology initiatives tend to be a lower priority among CXO's in the boardroom. However, these projects should be considered a higher priority, since IT services affect employee productivity and company growth. An IT executive, such as a CIO, can bring in much needed IT expertise into the boardroom.

However, many small businesses cannot afford to hire a CIO full time. At best, they have an IT department that focuses solely on day-to-day operational tasks. A CIO will understand how to use technology to accomplish an organization's business objectives:

• Increase revenue
• Use technology more efficiently
• Acquire new customers
• Improve collaboration with colleagues and third parties
• Enter new markets
• Onboard new employees quicker
• Reduce capital and operating expenses


Fortunately, these small businesses can bring this expertise on board by hiring a CIO contractor, otherwise known as a virtual CIO. The virtual CIO can be hired on an as-needed basis by paying an hourly rate or subscribing to a monthly plan.

What does a virtual CIO do?

• Create a business technology strategy
• Create security and disaster plans
• Provide guidance on industry audits
• Analyze and rework business processes
• Develop policies and procedures
• Facilitate technology changes


Benefits

• HR won't have to worry about hiring costs
• Can supplement an existing IT department
• Helps achieve a more competitive advantage in the marketplace
• Enables more informed decision making
• Significantly more economical than paying a full time staff member



SwiftTech Solutions can offer your business virtual CIO services on a ongoing basis. For more information, please contact us by calling 877-794-3811 or emailing This email address is being protected from spambots. You need JavaScript enabled to view it.

 

SOURCES
MAXfocus. Hone Your Skills to Become the True Outsourced CIO. (2014, February 25). Retrieved from: http://mspmentor.net/blog/hone-your-skills-become-true-outsourced-cio
Barker, I. The rise of the virtual CIO [Q&A]. (2016, May). Retrieved from: http://betanews.com/2016/05/05/virtual-cio-qa/
Baker, A. Life as a Virtual CIO. (2012, October 12). Retrieved from: http://www.biztechmagazine.com/article/2012/10/life-virtual-cio
Rouse, M. vCIO (virtual CIO). (2015, June). Retrieved from: http://searchitchannel.techtarget.com/definition/vCIO-virtual-CIO
Veraldi, J. Three tips for becoming your customers' virtual CIO. (2013, May). Retrieved from: http://searchitchannel.techtarget.com/opinion/Three-tips-for-becoming-your-customers-virtual-CIO

 

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