FRACTIONAL CIO/CTO

Fractional CIO/CTO Services

The Right Person, for the Right amount of Time

TEAM Latitude 34° Technologies provides fractional CIO/CTO services for the times you need high level technology leadership to improve and provide clear analysis and/or oversight of your companies processes, systems, people, data, and reporting. Just because you don’t have a CIO/CTO officer doesn’t mean you don’t need one. With our outsourced solutions you can have all the benefits of an in-house CIO/CTO without the cost.

CIO/CTO Services are included with every TekTrak analysis we perform.

Fractional CIO

  • We provide strategic leadership in aligning IT initiatives with the overall business goals and objectives of the organization. This may involve developing and implementing IT strategies, plans, and policies, and ensuring that IT investments are aligned with the organization's strategic priorities.

  • We can help establish and implement IT governance processes, policies, and procedures to ensure that the organization's IT systems and processes are compliant with relevant regulations and standards. This may also involve managing IT risks and cybersecurity, ensuring data privacy, and establishing disaster recovery and business continuity plans.

  • Responsible for overseeing the planning, implementation, and management of IT systems, infrastructure, and applications. This may involve evaluating and selecting technology solutions, managing IT vendors and contracts, overseeing IT projects, and ensuring that technology initiatives are completed on time and within budget.

Fractional CTO

  • A fractional CTO drives innovation and research and development (R&D) initiatives to identify and implement new technologies or processes that can improve the company's operations, products, or services. This may involve conducting feasibility studies, prototyping, and piloting new technologies, and collaborating with cross-functional teams.

  • A fractional CTO is responsible for creating and managing the technology budget, allocating resources effectively, and ensuring that technology investments are aligned with the company's strategic objectives. They also track and report on technology-related metrics and key performance indicators (KPIs).

  • A fractional CTO establishes and implements cybersecurity and risk management strategies to protect the company's technology assets, data, and intellectual property. This includes identifying and mitigating technology risks, ensuring compliance with data privacy and security regulations, and developing incident response plans.

Below are additional CIO/CTO services we provide:

IT Operations and Support: Manage IT operations and support functions, including network and system administration, help desk support, and IT service management. This ensures that IT operations are efficient, reliable, and secure, and that IT services meet the needs of the organization and its users.

IT Budgeting and Financial Management: Developing and managing the IT budget, monitoring IT expenses, and providing financial analysis and reporting related to IT investments. This involves optimizing IT spending, identifying cost-saving opportunities, and ensuring that IT investments deliver value to the organization.

IT Talent Management: Responsible for attracting, developing, and retaining IT talent within the organization. This may involve overseeing IT staffing, talent acquisition, performance management, and professional development initiatives.

IT Innovation and Digital Transformation: Responsible for driving IT innovation and digital transformation initiatives within the organization. This may involve identifying and evaluating emerging technologies, developing and implementing digital strategies, and fostering a culture of innovation and continuous improvement within the IT function.

Stakeholder Management: Responsible for building and maintaining relationships with key stakeholders, including senior executives, department heads, business units, and external partners. This may involve collaborating with stakeholders to understand their IT needs, managing expectations, and communicating IT initiatives, progress, and results.

IT Governance and Compliance: Responsible for ensuring that the organization's IT operations and initiatives are compliant with relevant laws, regulations, and industry standards. This may involve overseeing IT audits, assessments, and reporting, and ensuring that IT policies and procedures are documented, communicated, and followed.

Technology Strategy and Planning: Responsible for developing and executing the technology strategy and roadmap aligned with the company's overall business goals. This includes identifying technology trends and opportunities, evaluating new technologies, and making recommendations for technology investments.

Technology Leadership: Provide leadership and guidance to the technology team, including overseeing technology operations, managing IT staff, and setting technical standards and best practices. They also ensure that the company's technology systems are secure, reliable, and scalable.

Innovation and R&D: Drive innovation and research and development (R&D) initiatives to identify and implement new technologies or processes that can improve the company's operations, products, or services. This may involve conducting feasibility studies, prototyping, and piloting new technologies, and collaborating with cross-functional teams.

Vendor Management: Manage relationships with technology vendors and partners, including negotiating contracts, overseeing service level agreements (SLAs), and evaluating vendor performance. They also stay updated on industry trends and developments to ensure the company is working with the right technology partners.

Budgeting and Resource Allocation: Responsible for creating and managing the technology budget, allocating resources effectively, and ensuring that technology investments are aligned with the company's strategic objectives. They also track and report on technology-related metrics and key performance indicators (KPIs).

Cybersecurity and Risk Management: Establish and implement cybersecurity and risk management strategies to protect the company's technology assets, data, and intellectual property. This includes identifying and mitigating technology risks, ensuring compliance with data privacy and security regulations, and developing incident response plans.

Strategic Partnerships and Stakeholder Management: Collaborate with other executives, business leaders, and stakeholders to understand their technology needs, align technology initiatives with business goals, and communicate technology-related strategies and initiatives to the broader organization.

Technology Governance and Compliance: Establish and maintain technology governance frameworks and policies to ensure that the company's technology initiatives are in compliance with relevant laws, regulations, and industry standards.

Talent Management: Responsible for recruiting, developing, and retaining top technology talent, and fostering a positive and inclusive technology culture within the organization. This includes mentoring, coaching, and providing leadership development opportunities for technology staff.

Board and Investor Relations: Communicate directly with the company's board of directors, investors, or other external stakeholders to provide technology insights and updates, and participate in strategic discussions related to technology investments, risks, and opportunities.

Our Fractional CIO/CTO programs goal is provide temporary oversite, cost-effectively, and varies depending on the size, industry, and stage of the company they are working with. It is custom designed to meet the unique needs of each organization.