Addova blogWhy Small and Midsize Business Need A vCIO
Information is probably the most critical asset of any business. In large enterprises, a chief information officer (CIO) is responsible for leveraging information technology to bolster business success.
Sadly, most small and medium-sized companies do not have a CIO, primarily due to a lack of financial resources and other factors, such as not needing IT to support every hour of the day.
This is where a vCIO comes in!
vCIO stands for “Virtual Chief Information Officer”.
A vCIO is typically a contractor but can be a company, also known as managed service providers (MSP).
With a vCIO, you have access to the knowledge and expertise of a CIO without the expense of having a full-time officer on staff.
It is an option not only reduces your financial investment, but also provides access to proven expertise, and insight into how implementing the right technology, at the right time, can take your business to the next level.
In essence, a vCIO will help with:
- Increasing shareholder value
- Analyzing the IT environment
- Monitoring the future business needs and recommending the best measures to take for success
- Planning and designing strategic utilization of technologies
How a vCIO Will Benefit Your Company
First and foremost, the most significant benefit is the cost.
By bringing on a vCIO from a third-party IT company, your company receives all the benefits of a CIO without incurring the high overhead.
Additionally, vCIO as a service which managed service provider offers an “on-demand” basis. This means the business only pays when they call on the vCIO to help.
Unparalleled Knowledge and Expertise
When your business outsources a CIO to an external agency, it means you’re getting the expert knowledge needed to develop a strategic roadmap. Generally, an outside specialist brings unique perspectives and techniques because they have worked with other businesses just like yours.
A vCIO adopts the best IT strategy to perpetuate business growth.
Security and Disaster Recovery Solutions
Most companies don’t bother to implement disaster recovery measures until after a calamity strikes or a security breach occurs.
With a virtual CIO, you are guaranteed a custom business continuity plan that aligns with your company’s specific needs. With this plan, you will always be confident that you have this essential protection.
A fundamental duty of a vCIO is to close the gaps in the prevailing IT operations and address the discrepancies.
This entails data regulatory compliance, managing client relationships, information security and financial data management, and preparations for legal audits.
Data Migration and Integration
Information is not a static concept. It changes and grows rapidly. A vCIO helps you transfer files, share sensitive data, and monitor the risks involved.
They will also establish the best plans for data storage and access to show you the proper way to eliminate unreliable and outdated information.
Developing Processes and Policies
Since a virtual CIO has extensive experience in finding the best solutions for various industries and businesses, they can make educated and reliable decisions in matters related to technology use and cost reduction. For instance, they can help you design a policy for regulating privately-owned technology by your employees.
Adding Value to Business Information
You must ensure that your business gets the maximum value from your internal data. Do the terms “business intelligence” and “big data” sound like technical jargon to you? If so, perhaps you are not receiving the technological insights you need from your current IT team. The value in hiring a vCIO is that you get a professional who will select and execute cost-effective techniques for data analytics and visualization.
How do I access my vCIO?
That’s easy. Call us (+1) 800-514-3787, schedule a meeting with our vCIO team.
We align technology in accordance with your company objectives to bring much more value to the table.