A Virtual Chief Information officer (vCIO) service delivers regular, experienced, collaborative IT consultancy specifically for midsize businesses. Their job is to develop strategic plans and budgets to achieve goals for their clients, at a fraction of the cost of a full-time employee.
A focus on the right technology allows organisations to reach their business goals and minimise risk. With that said, it can be difficult to identify the right areas to focus on. This is due to the complex, fast-moving nature of marketplaces. While larger companies have the finance available to employ Chief Information Officers (CIOs), smaller companies may not. As SMEs still require IT for competitive advantage, they are unable to take a strategic approach to harness it effectively. That’s where a vCIO comes in.
To conclude, vCIOs are growing in popularity. This is due to many factors; from increasing company value to providing guidance on budget setting. Therefore, if you’re an SME looking to invest further in your IT management, this may be the perfect service for your business.
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