There are plenty of reasons why a business may try to avoid hiring for this position. For many small to medium-sized businesses (SMBs), the main reason is budget. A full-time internal CIO isn’t exactly cheap and can seem like a luxury. However, they are a crucial part of ensuring your IT fits into your overall business strategy.
Fortunately, there’s a way to have your cake and eat it too—by investing in vCIO services. A virtual CIO (vCIO) is when a third-party IT company steps in as your IT consultant. They act as a dedicated resource and serve as your chief information officer on an on-demand basis.
They perform many of the tasks associated with the role, but at a fraction of the price. The vCIO assists in the management, implementation, deployment, and maintenance of your IT infrastructure. In addition to these duties, a vCIO is also responsible for IT budgeting and vendor management. It’s their responsibility to optimize your infrastructure to help you achieve your business goals.