Business Technology AnalysisVirtual CIO

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

What are the most common business objectives?

  • Increase revenue
  • Use technology more efficiently
  • Acquire new customers
  • Improve collaboration with colleagues and third parties
  • Enter new markets
  • Onboard new employees more 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
  • Guide industry audits
  • Analyze and rework business processes
  • Develop policies and procedures
  • Facilitate technology changes

What are the benefits of using a virtual CIO

  • HR will not 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 an ongoing basis. For more information, please contact us by calling 877-794-3811 or emailing

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