You know that a chief information officer (CIO) is responsible for leveraging technology to bolster business success. For the CIO to achieve their goals, as a Harvard Business Review webinar notes, they must meet the key challenge of “balancing business innovation and operational excellence.”

Needless to say, a CIO is vital to your company’s success. Unfortunately, given the high cost of employing an IT executive and other factors, like not needing IT support every hour of the day, many companies simply don’t have the option to employ a CIO.

This is where a virtual chief information officer (VCIO) enters the picture.