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Everything You Need to Know About Virtual CIO

By January 19, 2020No Comments6 min read
Virtual CIO Chief Information Officer

A fractional CIO or virtual CIO is a contractor or company that serves as a Chief Information Officer for a different organization. The virtual CIO will handle all the responsibilities of a full-time CIO. Their main is to formulate IT strategies for the company. Also, they are responsible for managing the IT budget and strategy.

Every business relies on technology for delivering its services. Technology will help you in expanding your business. You can use the internet for making payments and selling your products. But, small businesses don’t have enough money to hire a full-time CIO. Thus, they hire virtual CIO for handling their IT strategy.

Large enterprises also hire virtual CIOs when they are working on a large project. These virtual CIOs help them in completing their projects. Virtual CIO will provide useful advice to the organization’s IT department.

Virtual CIOs are perfect in using the latest technology. They will help you in protecting your organization from threats. Virtual CIOs will also help you in improving your IT processes. They will provide extra support to your IT department for meeting their goals. If you are outsourcing Virtual CIO, then you can save a lot of money. You don’t need to worry about hiring a full-time CIO for your company. These virtual CIOs have enough knowledge to handle your organization’s IT operations.

Your Virtual CIO will also help you in identifying gaps in your IT strategy. These types of services are extremely helpful for small startups or medium-sized companies. If you don’t have enough money to hire a full-time CIO, then the virtual CIO is perfect for your organization.

Even large enterprises can use virtual CIO for making better IT decisions. If you are migrating your IT resources, then a virtual CIO can be very useful for you. They will help you in creating a migration strategy. Virtual CIOs will also help you in improving your IT infrastructure. They can also analyze your network for threats. Thus, you don’t need to worry about hiring an additional network expert.

Advantages of hiring a virtual CIO:

  1. A perfect alternative for a full-time Chief Information Officer (CIO)

Technology is taking over the world. A good technology strategy is important for your organization’s success. If you have a good IT strategy, then you can beat most of your competitors. Your company needs IT leaders that can improve your IT strategy and infrastructure. Data breaches can cause a lot of damage to business reputation. Most of the businesses never recover from a data breach. There are various types of hacking attacks like spyware and ransomware. It is difficult to create a security budget for your company. Thus, it is important to have a technology expert in your organization.

Your vCIO will be always available for your doubts. Also, these virtual CIOs are less expensive to hire when compared to a full-time CIO. If you have a virtual CIO, then your IT department can focus on their main job only. They don’t need to worry about creating an IT plan for your company. Also, your organization will get access to the expertise of a professional CIO.

  1. Virtual CIO will help you in updating your technology

The IT industry is changing rapidly with time. It is difficult to keep up with the speed of the IT industry. Thus, it is important to have an IT department for your organization. But, it is very expensive to hire an IT department. Hence, virtual CIO is perfect for most of the small businesses. They will help you in buying new technology assets for your company. Most businesses already know that technology can help them in achieving their business objections. Thus, it is important to keep up with the evolving tech industry.

It is extremely hard to keep up with IT security or data-storage technology. These two sectors are changing rapidly with time. If you are already managing an organization, then these challenges might sound familiar to you. Most organizations are using technology for growing their customer base. Thus, they are investing heavily in their IT infrastructure. If you want to increase your IT spending, then the vCIO is perfect for your business. They will help your company in achieving its business goals.

  1. Better security

Cyberattacks are rapidly increasing with time. Hackers are using attacks like Ransomware for stealing enterprise data. Most of the hackers target small or medium-sized businesses. These organizations don’t focus much on IT security. Hence, these organizations are an easy target for hackers. These organizations also don’t have an in-house IT security team. If you are low on budget, then the virtual CIO is perfect for you. They will help you in coming up with an IT strategy. This strategy will protect your company from attackers. But, it is important to ensure that you are hiring an experienced contractor. If your cybersecurity firm doesn’t have enough resources or knowledge, then the virtual CIO will help you in bridging the gap. They will help you in determining the IT areas where you should spend your money.

Conclusion

If you don’t have an in-house CIO, then the virtual CIO is perfect for your organization. They will help you in creating a strategic IT plan for our organization. Thus, your IT department can focus on their individual tasks. Your IT department doesn’t need to worry about creating your technology roadmap. Virtual CIOs have a lot of knowledge about technology. Thus, you will also get access to their expertise. Their roadmap will automatically sync with your company’s expectations and needs.They will also determine the technological tools that your company needs.

If you already have a full-time CIO, then you can hire a virtual CIO for big projects. Virtual CIOs will help you in creating a plan for your project. They can also help you in identifying gaps or vulnerabilities in your security. The cost model of outsourced services is also extremely flexible. Thus, you can pay according to your business needs. If you need more information about Virtual CIO, then you can contact Bleuwire.

Contact us today to learn about Bleuwire™  services and solutions in how we can help your business.