Fractional CTO Service for Startups
Benefits of a full time CTO, for a fraction of the cost. With 12+ years of software development industry experience, Arkenea offers strategic technology consulting services and fractional CTO services for startups.
Scale Your Business With A CTO On-Demand
Tap into experienced leadership on a budget when navigating the continually changing digital landscape and get a competitive advantage.
Leverage the combination of technical expertise, market research, and business acumen with cost effective consulting services.
Effectively match the product development with business objectives without hiring a full-time CTO and cut down on the business expenses.
A Few Of Our Clients
Fractional CTO Services For Startups And Fortune 500 Companies
Fractional CTO Services To Fill In The Gaps
Scale your workforce to meet the growing technology leadership needs of your business. Startups and companies hire Arkenea’s fractional CTO services to start a new software development project or to give strategic direction to an existing one.
- If you’re hiring full-time software developers in-house and want a CTO to interview and vet them.
- When you’re building an MVP for your healthcare startup and need help setting up the technical roadmap and technology strategy in the early stages of software development.
- When you want to be aware of all technology issues before onboarding a software development partner or a full-time Chief Technology Officer.
- Establish an Agile software development process in your startup.
- When you want to be aware of all technology issues before partnering with a software development partner or a full-time Chief Technology Officer.
- When you want to decide between the platforms of choice, whether to develop a mobile application or a web application.
Why Hiring A Fractional CTO Is An Effective Business Strategy?
Optimal Resource Utilization
Match product development with business vision without the overheads associated with onboarding a full time CTO in the leadership role. A fractional CTO gives you the much needed technical expertise while effectively scaling the technology team.
Cross Functional Industry Experience
Eliminate the need to reinvent the wheel when designing a technology roadmap. With experience having handled similar situations, fractional CTOs are better equipped to handle and overcome challenges of technology projects.
Minimize Technology Expenses
Hiring a fractional CTO or interim CTO can help keep the tech expenses to minimum. By aligning technology spending with business objectives, fractional CTOs can measure technology expenses, conduct ROI evaluation and maintain tech budget.
Strategic Business Liaison
Chief technology officers (CTOs) need to work closely with both the business and the tech department. A fractional CTO essentially functions as a translator and communication intermediary on technology solutions.
Single Point Of Contact
A fractional CTO is an integral part of the executive team who functions as a single point of contact when designing the future technology strategy. Fractional CTO services can streamline business objectives while offering a fresh perspective.
Risk Reduction
Filling the role of the chief technology officer can prove to be an expensive undertaking, especially for early stage startups. By consulting with a fractional CTO, you get access to a technology leader with industry specific knowledge while minimizing the risk of long term hiring.
Fractional CTO vs Interim CTO vs Part Time CTO : Which Is Right Fit For You?
While these terms are sometimes used interchangeably, they are actually three distinct models of hiring a CTO.
- A fractional CTO as the name suggests, takes over only a fraction of the responsibilities while the others are shared with the in-house resources.
- A part time CTOs role comes into play when you need someone to be more involved than an ad-hoc advisor but don’t need a full time employee.
- An interim CTO is someone who temporarily fills in the position of a full time CTO in larger companies.
Interim CTOs typically have shorter engagements- between 1 to 3 months and focus on solving specific challenges that require larger bandwidth akin to a full time role.
Fractional CTOs, on the other hand, are the perfect fit for small and medium sized businesses in the need of ongoing technology leadership, for an extended period of time.
Compartmentalize Technological Management With Fractional CTO Services
- Develop Technology Roadmap And Initial Strategy
- Technical Scoping And Documentation
- Business Needs Advisory
- Technical Due Diligence for M&A and Fundraising
- Executive Decision Making
- Feature Prioritization And MVP Development
- Day-to-day Delivery Management
- Hiring and Management of Technology Team
Why Choose Arkenea
01.
Domain Experts
10+ years of experience as a 100% healthcare specific custom software development company developing HIPAA-compliant web and mobile applications for clients.
02.
Top Ranked
Ranked among the top software development companies in the world by industry research report titled Global Intelligent Apps Market – Industry Trends and Forecast to 2026.
03.
Loved by Clients
Highest number of success stories and positive reviews among healthcare software companies. Over 85% of our Top 20 clients in 2020 have been clients for the past 7 years.
04.
Credible
We're consistently featured in top business and healthcare publications and trade magazines for our opinions about the healthcare software and technology space.
Get in Touch for a Quote
We're the only 100% healthcare specific software development company in our category. The only one of experienced companies that offer fractional CTO services.
Frequently Asked Questions About Hiring A Fractional CTO
1. How Much Does It Cost To Hire A Fractional CTO?
There is a huge variation in the cost involved in consulting with a fractional CTO. The actual rates will vary depending on the skillset, experience and the business goals. What is important though is to look at what they bring to the table and how they can bring about product, process and cost efficiencies in your business in the long run. A fractional CTO service from Arkenea would cost you anywhere from $75 to $150 per hour.
3. What problems can a fractional CTO solve?
Fractional CTOs are best suited to resolve strategic issues that require extensive deep experience. Here are some examples:
- Roadmap challenges
- Budget revisions
- Scaling Issues
- Technical contract negotiations
2. Fractional CTO vs Interim CTO, what does my business need?
If you are faced with a challenge that requires full bandwidth and needs it to be resolved in a short period of time, an interim or part time CTO would be the best fit for you. On the other hand, if you require CTO services for a longer period of time while keeping the costs in check, you should consider fractional or virtual CTOs.