What is a Vcio?
Would you run your company without solid legal or accounting advice? It’s just as important to run your company with solid IT advice.
Trusted Advisor
A vCIO, or a Virtual Chief Information Officer, is your Trusted Advisor with a breadth of knowledge across many technologies and strategies from overseeing existing infrastructure to achieving the company’s vision, strategic goals and business objectives.
vCIO Comparisons
vCIO vs MSP Account Manager
An MSP is a Managed Services Provider which is an organization that typically delivers services, such as network, application, infrastructure and security, via ongoing and regular support and active administration on customers’ premises, in their MSP’s data center (hosting), or a third-party data center.
Trusted Advisor
The vCIO is a true business partner; whereas, most Managed Service Providers are only selling account management. This allows the vCIO to act as a Trusted Advisor rather than act as an Account Manager.
Retention
Account Managers are typically a high turnover position within most organizations and as a result, you will most likely be introduced to many account managers during your relationship with an MSP. At Technodus, our vCIO’s are highly skilled resources who have high job satisfaction and are not just looking for the next best job offer. That means they are dedicated and invested.
Not Sales Focused
An Account Manager is there to sell you more services from the provider and increase revenue; whereas, the vCIO is neutral to what you purchase. Typically, the services and products being recommended by a vCIO are procured through third-party vendors.
The Bottom Line – The vCIO is a reliable Business First advisor, rather than a Sales First transient resource.
Virtual vs Employed CIO
The average cash compensation for a CIO ranges from $190,000 to $250,000+. In comparison, the vCIO comes at a fraction of the cost, which makes it easier to scale your business expenses. This allows you
Retention
The average tenure for a CIO ranges from 4-5 years depending on the industry
Better Responsiveness
An employed CIO is not fully motivated to streamline all the IT processes at your company. Once a certain minimum is reached, they can just ride out and wait until their services are needed.
Hiring Challenges
In recent years we have seen an increase in strong demand for IT talents. This has made it difficult to find, hiring and retaining experienced CIOs.
Bi-partisan Opinion
Your vCIO won’t have the same level of authority within your company as a full-time CIO would. Due to vCIO’s being employed by an outside contractor, they have no reason to be anything but neutral regarding your board decisions.
The Bottom Line – The vCIO is more cost-effective for those who cannot afford a full-time resource.
What Can a vCIO Do For You?
- Coordinate your technology with your business goals
- Help with cost control strategies and fiscal budgeting
- Identifies areas for improvement with your existing technology environment
- Analyze your competitors and their technology solutions with the goal of identifying technology advantages for your company
- Conduct process analysis to suggest improvements to dated practices & policies
- Analyze the impacts of your technology choices
- Report and analyze Key Performance Indicators (KPIs) related to your technology and success
- Assist in managing new and ongoing technology projects
- Analyzes vendors and suppliers to get you the best prices on hardware and software acquisitions
- Act as a member of your team who works together with you to attain technology goals
- Best of ALL – Enjoy all the benefits of a CIO on staff without the high cost of a full-time resource.
vCIO Service Plans
Starter
$
1,000
/month
Annual Management Strategic Planning Meetings
Annual Strategic Planning Document
Annual Process Efficiency Review
Annual Budget Planning
Annual Supplier Review
MSP Supplier Management
Basic Project Management at discounted hourly rates
Standard Hours for Support
Includes All Basic Services
Standard
$
3,500
/month
Quarterly Management Strategic Planning Meetings
Annual Strategic Plan Document
Quarterly Strategic Plan Review
Quarterly Process Efficiency Review
Annual Digital Strategy Review
Annual Budget Planning
Quarterly Budget Review
Annual Supplier Contract Review
Monthly Supplier Billing Review
Annual Supplier Review & Contract Negotiations
Manage Up to 5 Suppliers
Basic Project Management for Large Implementations
Standard Hours for Support
Includes All Basic Services
Enterprise
Get a Quote
Monthly Management Strategic Planning Meetings
Annual Strategic Plan Document
Monthly Strategic Plan Review
Quarterly Process Efficiency Review
Annual Digital Strategy Review
Annual Budget Planning
Monthly Budget Review
Ongoing Supplier Contract Review
Monthly Supplier Billing Review
Ongoing Supplier Review & Contract Negotiations
Unlimited Suppliers Managed
Standard Hours for Support
Includes All Basic Services