If you are an owner of a startup, you surely need a CTO. This expert has a combo of leadership skills and expertise for reaching business goals and, in general, leads a coding team to launch a product on time. However, hiring a specialist for a full-time job is costly, and here, virtual CTO services can save. 

Why Do Startups Should Consider This Option?

So, why is resorting to CTO as a Service the most cost-effective option?

In short, an expert working according to the CTO as a service model is hired to solve a certain problem (or several problems at once) in a company but – with cost savings that cannot be achieved with local hiring. This may be:

  • The need to cut expenses. CTO as service won’t cost you as much as a full-time specialist. You don’t need to provide equipment or pay taxes and insurance – instead, you will be charged for the required work only. 
  • Lack of needed expertise. This solution makes it easier to eliminate weaknesses in development and improve other directions. A pro will give tips based on real experiences, giving the team more chances to succeed. 
  • Haste in filling a vacancy. As you don’t have to spend time hunting and onboarding a tech manager, you can start working right away.  
  • Absence of clear strategy. Since technical leads have organizational skills they can work on planning, too. They determine deadlines and expectations from the project, whether it’s just an app or full digitalization of business. 
  • Presence of the technology gaps. A chief engineer helps pick a tech stack. Also, he or she can train a team of devs so that they’ll be able to handle challenges on their own. 

What Are the Main Requirements for This Position?

Requirements for the CTO service may vary but the most important ones are the same:

  • The choice of architecture and assistance at the Discovery stage: the specialist chooses the programming language and functions for MVP (if needed) 
  • The choice of tech stack: professional assistance implies defining the right frameworks depending on functional needs
  • Project planning: the expert assesses deadlines and negotiates with other team members
  • Project scaling: a Chief Technology Officer decides on a scaling strategy
  • Hiring developers: he or she may conduct interviews to help HRs with hiring tech specialists 
  • Leading a dev team: a tech manager supports a dev team and monitors meeting deadlines 
  • Help in project presentation: a person with a relevant list of CTO skills can present your project to investors and demonstrate the overall expertise of your company  

So, When Do You Need This Pro?

In general, the need for the services of a virtual specialist arises for the same reasons as for a local one. They could be the following:

  • Hesitation about tech choice. A technology manager with the right set of CTO skills can advise on defining a tech stack to launch a product fast and with minimum resource expenses.
  • Uncertain functionality for a solution. This pro determines the main functions and rejects the unnecessary ones to save money and other resources. 
  • Your workflows need optimization. CTO can help you to identify delays in the development process and optimize it. 
  • You need an audit. A tech director analyzes the software architecture and defines the bottlenecks that need elimination. 

Now, when you know the answer to the question: “What is CTO in business?”, you will be able to select the right list of CTO qualifications and start looking for an outsourcing company offering this type of service. Specifically, you can contact us to provide your CTO requirements, and we will find the most suited expert in a matter of days. 

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