June 14, 2024 • 276 Views • 16 min read
Tetiana Stoyko
CTO & Co-Founder
Many modern businesses require expertise in software development services and IT consulting. One of such services is CTO advisory.
To cut a long story short, a chief technology officer consultant is a modern must-have option for all sorts of businesses. However, who are these “chief technology officers”, what services do they provide, and how to hire a CTO for your business?
Flexible Leadership: CTO as a Service provides strategic technology guidance without the cost and commitment of hiring a full-time executive.
Expert Guidance: Access to experienced technology leaders who combine technical expertise with business acumen for critical decision-making.
Multiple Engagement Models: Choose between full-time offshore, fractional (part-time), or on-demand task-specific consulting based on your needs.
Risk Mitigation: Reduce technical and financial risks through expert auditing, technology selection, and strategic planning.
Cost-Effective: Pay only for the expertise you need—typically $150-$500/hour or $5,000-$20,000/month for comprehensive services.
Ideal Timing: Perfect for startups, early-stage planning, project audits, scaling operations, and business process automation initiatives.
Scalable Solutions: Get help with infrastructure scaling, team mentorship, tech stack optimization, and competitive advantage maintenance without growing headcount.
Budget Optimization: Avoid costly mistakes in technology investments and ensure accurate project budgeting through expert consultation.
Chief Technology Officer as a Service is a type of IT consulting.
It is a technology consulting specialist that offers its experience and expertise across various processes related to software development consulting.
Unlike team extension services, you hire not simply a niche-experienced software developer, or someone familiar with technologies.
Instead, CTO consulting includes many other extra services and requires an understanding of how different business processes work.
To cut a long story short, a CTO consultant must be familiar with both the technical and business sides of the project they are involved in. Most CTO consultants are high-ranking specialists with extensive experience in custom software product development services and skills across all aspects.
There are numerous types of chief technology officer consultant services:
Moreover, they can often be combined, resulting in a more specific and unique approach to IT consulting for your business.
Still, it does not answer the main questions: what are CTO as a service responsibilities, and when do you need CTO consulting?

In a nutshell, CTO consulting offers strategic planning for software development, choosing a tech stack for your project, product definition, business process automation, and many more.
Mostly, CTO consulting is like a Swiss Army knife. This service covers multiple aspects of the software development project to ensure its success.
So, instead of listing all potential technology advisory options, let’s focus on the core aspects they can improve and offer. For instance, CTO advisory services typically include:
Discovery phase assistance Project planning advisory Tech stack development Project audit management Project scaling planning

Strategic planning for software development is a core CTO responsibility.
The best way to create and implement strategic plans is to start from the very beginning. Therefore, CTO consulting is commonly involved in the discovery phase of the project.
Your business should have an idea for future projects before you and your management team study the market.
While you do your research, the CTO as a service will start planning and shaping the technological side of the project.
At this point, you must choose the main technologies and platforms. Your team should also design the IT infrastructure and software architecture.
Still, these are just drafts: after the market research, you might reshape some aspects of the product to make it more competitive.
CTO consultants are involved in all parts of the project discovery phase. This helps understand the context, make better decisions, and cut expenses by creating a more accurate, predictable budget.

You can choose a CTO on demand for project planning.
Sometimes, a project might not require hiring a full-time chief technical officer. Instead, you can find a short-term CTO consultant for a particular task.
For instance, you can have a trustworthy project manager on board who needs assistance with software development planning.
Then, the CTO advisory services will focus on tech advisory for your business. You can involve such a specialist at the project planning stage and ask for CTO advice during the development if needed.
Remember, that CTO consulting is tech-first: technology strategy is their priority, not the task management, even though they can be involved in both.
Don’t forget about CTO consulting rates, which are much higher than a simple team extension would cost.

Each CTO is, first of all, a technology business consultant.
So, the most efficient way to use CTO consulting services is to create a technology strategy for software development and to request technology leadership.
CTO consultants can define the most suited and efficient technology solutions for your software development project, as well as guide and advise your development team on using specific tech stacks.
Among the main benefits of hiring a CTO for strategic software development planning are:

Hiring a full-time chief technical officer is a required step for each project.
Consider CTO consulting services, even if you have already started software development. Even though you hesitate, consider whether there is any place for strategic planning or tech stack considerations.
Still, you can find an advisor, instead of a full-fledged team member. One of the most common reasons startups choose CTO-as-a-service is for a project audition.
In such cases, you pay the CTO an hourly rate and ask them to analyze technical aspects of the project, inspect various related processes, and define:
CTO on demand is the preferred choice for such tasks because the project audit is relatively fast. Thus, you can save some time and resources by having professional feedback and improvement solutions.

Outsourced CTO service is an ideal choice for any business that uses scalable software.
Project scaling is one of the most complex processes.
It is hard to predict how the application will behave after scaling and how many resources it will need, ranging from a few standard development practices and coding to developing specific custom development tools and reshaping the whole infrastructure.
This is why finding a technology advisory is a decision worth making. Their expertise allows such consultants to make the right decisions and predict all the possible outcomes.
Even if the project scaling is not as tricky, it is better to be safe than sorry.
Don’t forget that the CTO consultant is more aware of possible ways to deal with such tasks and offers you an out-of-the-box solution, which might be even cheaper, faster, and easier than the one you are considering.

Despite the technical expertise, CTO advice is not an all-in-one solution, suited for any task or project.
So, it is essential to understand the context of potential cases and to learn which type of technical leadership consulting to choose.
The first, and most apparent, case in which you require CTO consulting is when you lack internal expertise.
In such circumstances, consider hiring a full-time in-house chief technical officer. Still, finding an experienced specialist takes time, especially when you have limited resources.
Alternatively, you can choose offshore CTO consulting from popular outsourcing destinations like Ukraine. So, you will find an experienced specialist to perform the tasks right now while you look for an in-house replacement.
Any of the CTO advisory services is suitable for such cases:
Still, the preferred option is to find an in-house or offshore CTO consultant, as the need for additional expertise is a long-term issue that requires an appropriate approach.
A technology strategy for software development requires experienced specialists.
Still, it is hard to predict which type of CTO consulting is preferred in such conditions.
On the one hand, it is better to have a dedicated consultant who will monitor and oversee the process and provide further IT strategy consulting and implementation.
You can choose a virtual CTO on demand or fractional CTO consulting. To improve efficiency, discuss the possibility of involving these advisors if needed after the technology strategy is designed.
Technology leadership is crucial. The best way to achieve this is to find a reliable business technical leadership consulting firm.
Even experienced developers can face challenges when using new software tools. The more complex the software is, the greater the likelihood of challenges.
To avoid unnecessary struggle, you can choose a CTO-as-a-service option. Dedicated consultants can identify the main challenges and suggest ways to address them.
Additionally, they are much more experienced in facilitating and orchestrating complex and scalable projects.
The most fitting choice in such cases is to find a CTO on demand, or a fractional chief technical officer.
In addition to helping with product definition, software development planning, and technology strategy design, CTO consulting services also assist with business process automation.
Just like with software development project scaling, business process automation is a challenging assignment.
Automating repetitive tasks can bring numerous benefits to your business. Still, if done wrong, it can cause pipeline bottlenecks and slow down the performance.
One possible way to avoid it is to find a fractional or on-demand CTO-as-a-service, so they can create a detailed plan and warn your team about potential issues.
After implementing all the changes, you can ask a CTO service to check whether everything works as expected.
The main requirement for a CTO for hire is experience. The more experienced a technology business consultant is, the better services it provides.
Most CTO services are provided by IT outsourcing companies such as Incora.
So, if you want to find a trustworthy CTO consulting service provider, check case studies of an IT vendor.
Alternatively, you can contact them directly to request CTO services and set up a meeting to discuss your ideas.
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Let us address your doubts and clarify key points from the article for better understanding.
A CTO consultant provides strategic technology guidance, ensures the right tech stack and infrastructure are used, helps mitigate risks, and aligns technology with business goals, which is crucial for the success and scalability of long-term projects.
The key responsibilities of a CTO include:
The cost of CTO as a service varies widely depending on the provider, scope of services, and duration of engagement. Typically, it can range from $150 to $500 per hour, or from $5,000 to $20,000 per month for more comprehensive services.
CTO advisory refers to expert consulting services provided by a Chief Technology Officer (CTO) to offer strategic guidance on technology decisions, innovation, and implementation, helping organizations align their technology initiatives with business objectives and improve overall tech performance.
Not every company needs a full-time CTO. Small businesses or startups with limited technology needs may benefit from part-time or fractional CTO services, while larger companies with complex tech requirements typically need a dedicated CTO to lead their technology strategy and operations.
A fractional CTO is a part-time Chief Technology Officer who provides strategic and technical leadership to a company on a flexible, as-needed basis, offering expertise without the cost of a full-time executive.
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