Most modern businesses employ a Chief Information Officer, (CIO). The person in this position is responsible for the analysis, strategic planning and management of everything that falls into the category of information technology. Sometimes, however, filling this position with someone at the executive level is unfeasible for mid-size and small businesses as they tend not to have it in their budgets to do so.
A vCIO is an outsourced Chief Information Officer that can provide valuable information for tech management services at a much lower cost than someone working at an executive level.
The rapidly changing nature of information technology and the businesses that rely on it mean that companies have to constantly work to stay ahead of the curve. The effort to stay ahead of innovation and business trends can be a heady challenge for any business owner. By trading in the CIO model for a vCIO, many firms have found they can achieve much greater flexibility in meeting changing demands.
Under the vCIO model, business owners do not have to worry about their firms’ IT systems any longer; instead, they can concentrate their efforts on matters more central to the product or service their firm provides. By hiring a vCIO service, the CEO or business owner is freed up to commit their time and energy to the day-to-day mission-critical processes of the business. The business owner is free to meet with the vCIO to discuss matters of tech and information and how these systems align with the company’s objectives and expect that the company’s best interests will be better served by this virtual professional.
As a resource for your team, your vCIO will assist you in avoiding pitfalls and in selecting the right technology solutions to meet and exceed your objectives while staying within your budget.
A vCIO will help you select and utilize holistic IT solutions and provide critical guidance at every step. Regardless of the level of service you choose to receive, we will guarantee that the end result will be a measurable increase in efficiency and overall lowered IT expenditures for your business.
More than 33 billion records will be stolen by cybercriminals by 2023, an increase of 175% from 2018.
Forty-three percent of attacks are aimed at SMBs, but only 14% are prepared to defend themselves (Accenture).
40% of businesses will incorporate the anywhere operations model to accommodate the physical and digital experiences of both customers and employees (Techvera).
The cost of cybercrime is predicted to hit $10.5 trillion by 2025, according to the latest version of the Cisco/Cybersecurity Ventures “2022 Cybersecurity Almanac.”.
The average cost of a data breach in the United States is $8.64 million, which is the highest in the world, while the most expensive sector for data breach costs is the healthcare industry, with an average of $7.13 million (IBM).
The three sectors with the biggest spending on cybersecurity are banking, manufacturing, and the central/federal government, accounting for 30% of overall spending (IDC).
It takes an average of 287 days for security teams to identify and contain a data breach, according to the “Cost of a Data Breach 2021” report released by IBM and Ponemon Institute.
The internal team was energized. With the Level 1 work off its plate, the team turned its attention to the work that fueled company growth and gave them job satisfaction.
We did a proof of concept that met every requirement that our customer might have. In fact, we saw a substantial improvement.
We did everything that we needed to do, financially speaking. We got our invoices out to customers, we deposited checks, all the things we needed to do to keep our business running, and our customers had no idea about the tragedy. It didn’t impact them at all.
“We believe our success is due to the strength of our team, the breadth of our services, our flexibility in responding to clients, and our focus on strategic support.”