Fractional Chief Technology Officer (Fractional CTO): Why Growing Companies Are Embracing This Flexible Leadership Model
Technology is the fuel of success in a modern business world that is so rapidly changing. Still, only some growing businesses have the budget for a full-time Chief Technology Officer. In today's market, even more available is the fractional CTO- a flexible, cost-effective alternative to accessing best-of-class technology leadership without the financial commitment of a full-time hire. A fractional chief technology officer is a part-time, contract-based professional offering strategic guidance and domain expertise in technology management. The startup and small-to-medium-sized business landscape are increasingly adopting this concept, offering them leadership on the competitive and scalable routes. Let's dive into why more companies turn to fractional CTOs to meet technological needs and drive business growth. What is a Fractional Chief Technology Officer ? A fractional CTO is a highly experienced technology leader who engages with businesses on a part-time or project basis. T...