How a Virtual CIO Delivers Enterprise Strategy for a Fraction of the Cost

Is your business technology a source of uncertainty and frustration? Are you constantly reacting to IT problems when you would prefer to proactively leverage technology to drive your business’ growth? This struggle is often the result of the Executive IT Gap, a phenomenon that traps businesses in an endless cycle of reactive, costly, and inefficient technology decisions that slow down growth.

Normally, the strategic oversight needed to close this gap is provided by a Chief Information Officer (CIO). However, most small businesses often struggle to maintain daily IT operations, making long-term strategic planning difficult. Hiring an in-house CIO is expensive and time-consuming, which makes it financially prohibitive for SMBs with limited resources.

So, how can an SMB address this critical need? The solution is to hire a Virtual CIO through a managed service provider like MSPNetworks. This approach offers several significant advantages. They include:

Immediate Access to Enterprise-Level Expertise and Strategic Planning

There is a major difference between an average IT technician and a CIO. A technician is tactical, focused on solving the immediate problem. In contrast, a CIO thinks strategically about how to design a system where the problem doesn't exist in the first place. This level of experienced thinking allows the CIO to build effective technology roadmaps that directly align with your business’ goals. While hiring an in-house CIO takes time—time you may not have—onboarding a vCIO gives you immediate access to this critical expertise and its resulting benefits.

Converting a Massive Fixed Cost Into a Predictable, Scalable Expense

Hiring an in-house CIO involves a massive fixed cost, including the annual salary, benefits, bonuses, and other overhead. Depending on your business' complexity, this can cost serious cash, sometimes as high as $250,000 or more per year. When you partner with a managed service provider for a vCIO, you pay a fraction of that for the same high level of expertise. Furthermore, you gain the flexibility to scale the service up or down based on your business' current needs and stage of growth.

Freeing Your Team to Pursue Core Business Functions and Revenue Generation

Your staff should not be burdened with making complex, strategic technology decisions, especially when their attention is better served elsewhere. This is particularly true for other members of the C-Suite, such as your CEO or COO. Every moment they spend dabbling with cloud providers or negotiating with technology vendors is time taken away from serving customers, developing new products, or closing sales. A virtual CIO can help your business offload this IT burden, allowing your team to focus on their primary responsibilities—tasks that are more likely to generate revenue and grow the business.

The reality is that you are likely already paying someone to manage your business’ technology, but it’s often not their only job, and the IT burden is likely getting in the way of their other responsibilities. By incorporating high-level executive accountability, your business can transform its IT from an expense generator into a well-oiled, growth-oriented machine.

To get started with MSPNetworks on your side, give us a call at (516) 403-9001.