What is a Fractional CTO?
A Fractional CTO is a Chief Technical Officer who works on a part-time or freelance basis, usually for startups or small businesses. The role of a Fractional CTO is to provide technical guidance and advice to the company, as well as manage and oversee the technology team.
Why Engage a Fractional CTO?
A fractional CTO can bring several benefits to startups, including:Technical expertise: A fractional CTO has extensive technical knowledge and experience in software development, architecture, and technology. They can provide guidance on the best technology solutions to meet a startup's needs and make informed decisions about the company's technology roadmap.Cost-effectiveness: Hiring a fractional CTO is often more cost-effective than hiring a full-time CTO, especially for startups with limited budgets.Flexibility: A fractional CTO can be hired on an as-needed basis, which gives startups the flexibility to access technical expertise without committing to a full-time hire.Network: Fractional CTOs often have a wide network of contacts in the technology industry, which startups can leverage for business development, fundraising, and hiring.Objectivity: A fractional CTO can bring a fresh perspective and objectivity to a startup's technical decisions, helping to identify and mitigate potential risks and blind spots.
What can a Fractional CTO do for you?
In a nutshell, a Fractional CTO takes ownership of the entire technology function, often including the Product in technology centric businesses.While work is usually more strategic in nature, a good Fractional CTO should still have sharp practical skills and be able to be hands on where needed.
Product Development / Management
Technology Architecture Development
Day to day delivery management
Managing the Tech team - providing leadership, skills development and performance management
Stakeholder management and communications with broader team
Fundraising / M&A support (docs, DD, etc)
Due Diligences for VC firms on potential investments
What have I done ?
Startup CTO in Silicon Valley with 90 developers in 3 locations - raised $25m
CTO of Corporate R&D lab and new product incubator
Group CIO of largest Mobile Operator Group in MEA.. Integration Director for $5.5bn aquisition of 10 Mobile Operators
COO of a disruptive, open-source Telco Group startup providing affordable communications to the bottom-of-the-pyramid - raised $150m
Partner in an Innovation and Product Design Consultancy - designed and commercialised multiple succesful products
Mentor in a Startup Accelerator
CEO of NoCode Product development Agency - 8 Successful projects, helped 1 client raise Seed funding