Original Post: Why companies turning to a Fractional CTO for growth? | by Kapil Jain | Sep, 2024
The article discusses the role and impact of a Fractional CTO (Chief Technology Officer) in fintech companies. The author, Kapil Jain, a fractional CTO, shares his experience with a fintech company struggling with technical issues as they scaled. He implemented solutions to optimize their database performance, fix Elasticsearch issues, rearchitect their application, and cut down AWS costs, which resulted in increased efficiency and customer satisfaction.
The text explains the differences between a full-time CTO and a Fractional CTO, highlighting aspects like time commitment, cost, and focus. Fractional CTOs work part-time or on a contract basis, making them a cost-effective solution for startups, mid-sized companies, and businesses in transition. They bring strategic planning, technical guidance, and project management expertise to companies that may not need or afford a full-time CTO.
The article also covers real-world examples, detailing how a Fractional CTO can resolve inefficiencies in ETL pipelines, enhance application performance and security, and optimize AWS costs. These improvements lead to faster data processing, better user experiences, reduced operational costs, and increased customer trust.
Overall, the piece emphasizes the significant value a Fractional CTO brings, providing high-level expertise and strategic oversight to help fintech companies thrive amidst rapid growth and technical complexities.
Go here to read the Original Post