“As technology becomes increasingly important, an organization’s success depends on whether the CIO can move from being functional to a strategic business leader.” Most organizations still struggle to get digital transformation initiatives launched, leaving strategic opportunities unrealized. Since technology has become a key factor in executing most business processes, positions like CIO and CISO have become critical to organizations. Increased competition and record unemployment mean that most organizations are struggling to attract and retain an experienced CIO. The good news is that
iLLÜM Advisors offers a virtual or fractional CIO to organizations that need senior IT leadership today either during the recruitment process or need the advantages of senior leadership but on a fractional or part-time budget. The CIO as a Service (CIOaaS) offering allows you to have the advantages of a seasoned IT Executive but pay for only what you need.
What is a CIO as a Service?
CIO as a Service (CIOaaS) or virtual CIO (vCIO) is a dedicated resource who serves as a Chief Information Officer on a flexible basis. Their primary role is to formulate strategic IT goals for your company, and then manage an IT strategy and budget that meets those goals.
Business Benefits of a CIO as a Service
There are several benefits of relying on a third-party CIO, three of the most prominent of which are mentioned below.
1. Unparalleled IT Leadership
Gain the expertise of senior IT leaders with decades of world-class experience who can engage immediately to reduce risk and deliver strategic value. They have insights into the operational dynamics of IT and can use these to forge a profitable path for the future. Establish leadership and guidance for your IT
2. Immediate Engagement
For organizations, CIO’s strategically leverage the four to nine months needed to recruit to assess and analyze their IT organization to identify and resolve issues, align with the business, and set your IT organization and new CIO up for success.
Organizations that do not have the requirements or budget for a full-time CIO can engage immediately on a pay-as-you-go basis to drive strategic initiatives, benefit from seasoned IT leadership and reduce exposure to risk.
3. Fresh Insight from Broad Experience
The best part of them coming from a qualified third-party organization is that bring extensive experience from decades of experience providing critical leadership in a broad number of organizations and sectors. They bring intellectual and thought diversity, enabling your organization to approach IT business requirements objectively and strategically.
Finally, CIO as a service is exceptionally affordable for organizations where IT is critical to the organization, but do not need a full-time CIO. Choosing a CIO as a Service or fractional CIO enables your organization to engage unparalleled senior leadership for a fraction of the cost
Given these benefits, it is reasonable to choose Illum Advisors to ensure you have the necessary CIO leadership to obtain the technical expertise required for your organization to remain competitive. We are ready to engage and help your business today,. Ready to talk? Please get in touch with us today if you want to know more about services.