With new technologies constantly emerging and old technologies evolving, businesses must keep up and adopt them to stand out among competitors.
Whether planning to launch a startup, or wanting to grow an already existing business, on-demand CTO as a Service can assist businesses in finding the most beneficial balance between skills and rates and leverage a multi-disciplinary technical team. But what exactly is CTO as a Service (CaaS)?
CTO stands for Chief Technical Officer. A CTO is a high-level technical executive who is fully involved in all the software development processes of a business’ projects. Not only do CTOs have strong tech backgrounds but they also have the right abilities to ensure that business goals and development processes are met and work hand in hand.
Not all businesses have the capacity to hire in-house CTO services. This may be due to a lack of talent or challenges with affordability. As a result, many modern businesses turn to CaaS solutions.
One of the most notable benefits of CaaS is that businesses only have to pay for the services they use. It is similar to software as a service(SaaS) where businesses only pay for the facilities they use. But beyond the cost savings, CaaS can also be a win-win situation for any business that has no technical knowledge but needs to have some technical work done. Let’s take a look at a full list of benefits of using CaaS:
