''Recent years have seen a shift in thinking about the value a part-time CTO can provide''
In recent years, the value of a part-time CTO has become increasingly recognized, particularly for early and mid-stage companies that may not need a full-time CTO at all times. Here are some of the advantages of hiring a fractional CTO:
A fractional CTO offers the same level of experience and skills as a full-time CTO without the high salaries, bonuses, and overheads that come with it.
As an independent consultant, a fractional CTO can act as a key point of contact to address difficulties with an existing development team.
An external CTO has the freedom to take an external perspective on your company's technology strategy, unencumbered by any internal biases.
External expertise brings new ideas and an unbiased view of best practices and suppliers, helping the development team become more productive and effective.
SMEs planning a new product launch can turn to a fractional CTO to ensure timely deployment and effective resolution of ongoing issues.
For companies that have never had a CTO and/or technology strategy, a fractional CTO provides an opportunity to realign their product perspective and remain relevant in a changing technology environment.
Business owners have the flexibility to increase or decrease the amount of time a fractional CTO spends with the company and access expertise when needed, either on-site or remotely.
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