A Virtual CTO
It is not always possible to have a cofounder who is tech-savvy. Also, a full-time CTO is quite costly and budgets might be limited. With limited personnel who cover different roles and limited funding some companies choose to hire a virtual CTO.
CaaS stands for CTO as a service. A part-time CTO who provides the assistance of a technical consultant who focuses on technology driven challenges and defines the vision roadmap and timelines in line with the business objectives.
Contributes to the company business plan by estimating costs and timelines for all the IT aspects.
Helps define the required teams between outsourcing, offshoring and in-house teams.
Provides advice on any technology related issues.
Establishes quality standards for software architecture, coding and documentation requirements.
Ensures your business is able to grow with the defined platform and can deal with investors reviews
Provides technological recommendations for existing software in the company