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Fractional CTO vs. Virtual CTO: Understanding the Differences and Choosing the Right Fit
Technology leadership is a critical necessity in today's competitive business world. However, some organizations need help to afford or justify a full-time Chief Technology Officer (CTO). Here comes a new wave of fractional CTO and virtual CTO services, providing flexible, cost-effective solutions for strategic tech leadership.
Although similar, each of these roles is distinct and may significantly differ in how they contribute value to your business. This blog will help you understand the key differences between a fractional CTO and a virtual CTO and direct you to make the best decision for your needs.
Who Is a Fractional CTO?
A fractional CTO is an engaged part-time technology executive who works directly with your team onsite or virtually to oversee your technology needs. They actively manage operations and contribute to long-term strategies by offering hands-on leadership.
Core Responsibilities:
Developing and implementing technology strategies.
Managing IT teams as well as vendors.
Overseeing cybersecurity, compliance, and infrastructure.
Driving product development and innovation.
What is a Virtual CTO?
Similar in expertise to a virtual CTO, he works remotely as well. Typically, he is more advisory to your company and focuses on the higher-level strategy to ensure your technology supports the business and isn't buried in day-to-day operations.
Key Responsibilities:
Provide recommendations on technology investment and strategies.
Review and recommend tools and platforms.
Process improvements of IT efficiency and digital workflows.
Guidance to scale and innovation.
Comparison of Fractional CTO with Virtual CTO
Here are the fundamental differences between the two roles:
Aspect
Fractional CTO
Virtual CTO
Engagement Model
On-site or hybrid.
Remote, digital-first communication.
Involvement
Deeply involved in daily operations.
Focuses on strategic guidance.
Scope of Work
Hands-on leadership across all tech areas.
Advisory role, limited operational input.
Cost
Higher due to active on-site involvement.
More affordable for occasional needs.
Best For
Scaling businesses needing tech leadership.
Companies seeking strategic advice.
When to Hire a Fractional CTO
A fractional CTO works excellently for businesses that involve more tactical, high-level oversight and hands-on tactical work. If your company is growing fast, developing a very complex product, or transforming into a fully digital enterprise, then a fractional CTO fills that operational gap.
CTO Bridge specializes in experienced fractional CTOs working directly with your team to ensure technology aligns seamlessly with your growth objectives. Our experts bring the leadership and operational skills to overcome real-world challenges and drive innovation.
When to Choose a Virtual CTO
A virtual CTO is perfect for businesses that require the experience of guidance from time to time but at a lower cost that does not involve hiring a full-time or on-premise executive. The virtual CTO is a high-value service firm providing expert advice about strategy, IT optimization, and scaling your technology.
Critical Advantages of Fractional CTO and Virtual CTO
Both options give significant advantages to growing companies:
Fractional CTO:
Hands-on Leadership: Drives day-to-day tech operations.
Scalable Solutions: Aligns to stages of business growth.
Strategic Execution: Blends short-term and long-term operations.
Virtual CTO:
Cost-Effective Solution: Great for small businesses that sometimes require input.
Flexibility: Will provide insight without long-term commitments.
Expert Guidance: Provides deep knowledge to specific projects.
Conclusion
The decision between a fractional CTO and a virtual CTO depends on your business requirements, operational complexity, and budget. However, in any case, both models have access to top-tier expertise to let your company innovate and grow without having a full-time CTO in place. Partner with CTO Bridge to get the right technology leadership for your business
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#CTO TO GROW#cto for mid market company#Fractional Chief Technology Officer#CTO as a service#Mid-Market Growth#virtual cto services#consultant in technology#fractional cto#cto services#fractional cto services#cto outsourcing#technology strategy#cio consulting#cto blogs
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For Uhura Month @uhuramonth day 4, prompt: “Diplomacy”, here's chapter 1 of “The Fabric Of Her Life”
Summary: When a first contact mission goes wrong, Kirk is incapacitated, and Nyota must navigate an unfriendly planet without the aid of a universal translator.
Rating: Teen And Up Audiences
Archive Warning: No Archive Warnings Apply
Category: Gen
Fandom: Star Trek: The Original Series (Movies)
Relationship: James T. Kirk & Nyota Uhura
Characters: Nyota Uhura, James T. Kirk, Spock (Star Trek), Hikaru Sulu
Additional Tags: Universal Translator Malfunction, Captivity, Hostage Scenario, Endometriosis, Medical Negligence, (past) Medical Negligence, Trans James T. Kirk
Note: This fic includes mentions of past medical negligence, themes of ableism, ableist character(s) & microaggressions.
Chapter 1: Silk
“Now, , you've read my report, but let's go over the salient points again.”
Ambassador Vodel wears an outfit made entirely from tie-dyed fabric. It's a style popular with most civilians they encounter in deep space, though, if it weren't for these pre-contact briefings, Jim would have no idea what passed for fashion on Earth right now.
“The Ignee have been warp-capable for twenty years, but their maximum warp speed is equivalent to our zero-point-five.” As Vodel struts, the silk swishes importantly. “Like humans, they were spacefarers long before they discovered warp tech- but, unlike us, they'd already colonized every M-Class planet in their solar system when they did so. We encountered one of their manned ships on the edge of Federation space, and it's still there, I very much suspect! The ship maintains constant communication with Igneous-Delta through radio contact alone, but don't ask me how. Naturally, they were a little surprised when we contacted them via subspace, but their instruments picked it up well enough. I imagine it was like receiving the Wow! signal, only a little less…” He waves a hand. “... You know.”
Jim doesn't. “I'll bet they were surprised when your ship turned up, too.” He says.
“Well, quite. Shooting across the galaxy in a fraction-of-a-fraction of the time it takes them to do it, I'm sure they were amazed.” He turns his head. “I think that's why they're so receptive to us.”
“Why wouldn't they be receptive?” Jim shields his eyes as they round the corner, and overhead lights begin their simulated sunrise. The corridor paints Vodel’s robes magenta.
“Well, I thought they were Luddites at first, you know. My crew disagreed, but they came around to my way of thinking: absolutely zero evolution of warp technology in twenty years, zero progress in communications, their planetary servers are still entirely dependent on Ethernet- they'd love this ship, all these datacards…!”
Kirk maintains a blank face. “Speaking of which, my head of communications mentioned-”
“- Ah yes, the lovely Ms Uhura. I do believe my Yeoman is busy replicating a new stack of cards as we speak. As for your chief science officer-”
“And first officer-”
“Two very demanding titles! How peculiar, to have them both filled by one person... But, I suppose he is Vulcan, isn't he?”
“Yes,” Jim says, forcibly. “But-”
“-Well, tell him we haven't got any botanical readings. We did the preliminary atmosphere checks- the safety checks, and all that. The air is fresh, the ground is walkable, and- although we don't have any Vulcans on our crew- if you're in the habit of sending two of your most senior roles on an away mission at the same time; I'm sure he'll be perfectly safe.” He chuckles at his own joke.
“We need that information to plan our away team.” Jim says, levelly.
“I'm afraid I don't follow.”
“Your Conditions Report was missing key allergen information.”
“Allergen information?” He clicks his tongue. “Ah, yes. On a starship this size, I suppose you can't afford to be as discerning with your personnel, even if you are the flagship.”
Jim stops moving. “What?”
Vodel is halfway down the corridor. “Stars below, have I hit a nerve?”
Jim blinks. “Perhaps you should continue briefing me.”
“Well-” he hesitates. “Yes.” He hums. “The Ignee are incredibly concerned with honesty, purity and truth.”
“Meaning?”
“They dislike deception. Their reaction to subspace was proof of that.”
“They thought you were deceiving them?”
“Orbits, no! It's stranger than that. They thought we were defying The Natural Order.”
Jim frowns at him.
“It's just like I told you!” Vodel flourishes. “Their social model revolves around complete transparency, and- apparently- talking through a microphone obscures that.” He scoffs. “With that attitude, it's a miracle that they developed narrowband radio at all. It's why I insisted on accelerating second contact; we weren't getting anywhere over videocall- though, aside from a few superstitions, they're really quite harmless.”
They arrive at the landing bay, and Vodel puts his hands on his hips. “Now, I would stick around, but you're the best in the fleet! Not to mention the fact that each bridge member is a specialist in their own right, and- my my my- I dare say that the other deep-space ships are very jealous of you!”
“Thank you,” Jim says, fimly. “I understand you have an emergency to attend to on Hydrox V?”
“Oh, yes. Their previous leader died of illness, and there's distrust among the temporary government. You have no idea how deadly these disputes can become.”
“Hmm. It's fortunate you were nearby.”
“Undoubtedly!” He beams. “Now, where is that yeoman…?”
His crewman appears at his shoulder wearing a cream-colored hijab. “Ambassador?”
“Ah, splendid! You've calculated the telemetry, then?”
“Yes, sir.”
“Excellent! Well, come along, then; that internal conflict is hardly going to solve itself…”
The yeoman flashes Jim a long-suffering smile as they pass a datacard to him, then vanish as quickly as they arrived. Vodel follows in a flurry of chatter and fabric, and his clothes glow like dying embers. In the sudden silence, Jim is left in an empty corridor as the lights turn from pink to blue.
He pinches the bridge of his nose, and leans against the nearest wall unit.
“Bridge?”
The speaker crackles.
“Have you finished with our charming ambassador?” Nyota says, neutrally.
“Yes, he's returned to his ship.” He pauses. “How come none of the diplomats we meet are ever diplomatic?”
“Oh, he seemed sufficiently diplomatic, Captain.”
Jim smirks, and slots the datacard into the reader. “Is there time to analyse this before we leave?”
“I'll put an ensign on it.”
Jim nods, and turns away.
“Wait!” Her voice brightens. “It's the glyphic data which got lost in the transfer. It'll help me calibrate the universal translator for written documents.”
Jim narrows his eyes. “So, nothing pressing, then?”
“Well, I might help that ensign with it… It's always good to know if something's a marriage document before you sign it.”
“Hey. That was a Declaration Of Betrothal, and I've told you I'm sorry.”
“Well, you still refuse to follow through with it. It hurts my feelings, that's all.”
He smiles. “I'll make it up to you.”
“Mr Spock has suddenly become very interested in the scanner unit,” Nyota says, in an undertone.
*
“No warp-capable society is ‘harmless’, Captain,” Spock announces as Jim steps out of the turbolift.
“Good morning to you, too, Spock. I assume this means you've read the ambassador's report?”
Spock raises an eyebrow. “Twice, Captain. Ambassador Vodel's research was remarkably concise.”
Jim's face twitches. “Yes, I've heard. We can send an away-team to complete the additional readings we'll need before the diplomatic team beams down.”
Something flits across his face. “The scans were at Doctor McCoy's insistence, not mine.” He places his hands behind his back. “He would, however, find such an oversight disturbing.”
“‘Disturbing,’ Spock?”
“The ambassador is unable or unwilling to accommodate the extra environmental scans, thereby putting its crewmembers at risk… An emotional being such as The Doctor would find that disturbing.”
“Ah, I see. It's kind of you to look out for his feelings that way- and logical, of course- but I'll deal with him.”
Nyota smiles to herself as she analyses the glyphic data.
*
The away team assembles in the transporter room, and splits into two groups of six. The first contains Jim, Spock, Hikaru and Nyota, with science officers Stevenson and Imada rounding up the back. The second group is comprised mostly of redshirts.
For this outing, Nyota has donned a command-gold uniform instead of her usual red, and Hikaru has changed into science blues.
There are two additional communications officers in group two, one of whom is an ensign. Jim frowns, but doesn't comment on it. Instead, he turns to Nyota.
“Lieutenant Uhura, do you want to brief us?”
“I do,” she smiles, and addresses the crowded room. “The Ignean lingua franca draws influence from almost five hundred others, some of which are pidgin forms from their off-world colonies. Their sentence structure is flexible, and often changes depending on context.” She glances at Jim, then back to the group. “Most sentences take the form of Object-Subject-Verb, but not all of them. The Universal translator is still learning their language- as am I- so it won't always be able to rearrange their sentences in real-time, as many of you may be used to. For those of you who may have skipped your rotation in comms, you may not be aware that OSV is the rarest word-order structure found on Earth. So, if anyone has any difficulty understanding what they're hearing: see me after class.”
There are several chuckles.
Jim smiles. “And, if in doubt, let our linguists do the talking.”
“Right,” Nyota beams. “That's all.”
“One more thing-”
“I have a briefing,” says a gruff voice behind them. Doctor McCoy stands in the doorway, wearing medical scrubs and a scowl. “Make sure you scan any flora before you approach it, no matter how familiar it looks.”
“Thank you, Bones,” Jim interrupts him, and signals to the rest of the group.
Bones harrumps loudly as the officers takes their places on their respective transporter pads.
“And, before we beam down-” Jim turns to Nyota again. “A question from someone who may have skipped his rotation in comms…”
She smiles. “Captain?”
“If the universal translator isn't drastically changing its output, will the Ignee be able to understand us?”
“So long as we keep contractions to a minimum, I don't see why not.”
“You mean 'do not see why not',” Kilgore reminds her.
Nyota points to her. “You are sharp, ensign. This is why I brought you along.”
“I am glad we worked this out before we beamed down,” Hikaru says.
“Technically, the universal translator will not have any issue working out contracted speech on our end,” Stevenson says, playfully. “But it may help to reduce lag.”
“Yes.” Nyota nods. “Fascinating.”
Bones looks aghast. “Lord help me, Jim, one Vulcan's enough, and now there're five of them!”
Spock cocks an eyebrow at him, and Jim smiles.
“Energise, Mr Scott!”
[CHAPTER 1] [CHAPTER 2 (TBA)]
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Kevin Siers :: @KevinSiers
* * * *
LETTERS FROM AN AMERICAN
November 25, 2024
Heather Cox Richardson
Nov 25, 2024
Today, President Joe Biden laid out very clearly the argument behind the economic policies his administration has put into place. “When I took office, the pandemic was raging and the economy was reeling,” he wrote. “From Day One, I was determined to not only deliver economic relief, but to invest in America and grow the economy from the middle out and bottom up, not the top down.”
“Over the last four years, that’s exactly what we’ve done,” he wrote. “We passed legislation to rebuild our infrastructure, build a clean energy economy, and bring manufacturing back to the United States after decades of offshoring.” Investing in America included the Bipartisan Infrastructure Law that is rebuilding our roads, bridges, water systems, ports, and airports, as well as making high-speed broadband available in underserved areas; the CHIPS and Science Act that invested in bringing the manufacture of silicon chips back to the U.S. and promoting research; and the Inflation Reduction Act, which invested in technologies to combat climate change.
Today the White House announced that this federal investment has attracted more than $1 trillion in private-sector investments. “These investments in industries of the future,” Biden wrote, “are ensuring the future is made in America, by American workers.”
He noted that more than 1.6 million construction and manufacturing jobs have been created over the last four years and that “our investments are making America a leader in clean energy and semiconductor technologies that will protect our economic and national security, while expanding opportunities in red states and blue states.”
In a White House memo, White House deputy chief of staff Natalie Quillian wrote: “The progress we've made...represents only a fraction of the full impact of this agenda. If future Administrations continue to implement at the pace we have, people across the country will enjoy the benefits of safer water, cleaner air, faster internet, and smoother commutes.”
But the incoming Trump administration will advance a different economic vision. Instead of trying to expand the economy through investment in infrastructure and manufacturing, Trump’s team has emphasized cutting taxes for the wealthy and corporations and slashing regulations.
The argument behind this approach to the economy is that concentrating wealth in the hands of investors will spur more investment, while creating an environment that’s “friendly” to business will create jobs. Jack Brook of the Associated Press reported that earlier this month, the state of Louisiana illustrated what this policy looks like to ordinary people when it cut income taxes to a flat 3% rate, reducing revenue by about $1.3 billion. They made up that revenue by increasing the sales tax to 5%, thus shifting the burden of taxation to lower- and middle-class families. “Louisiana just became a much more attractive place to do business,” Louisiana economic development secretary Susan Bourgeois told Brook.
It is becoming clear what Trump’s economic policy will look like at the national level. Super wealthy donors funded Trump’s 2024 campaign, and in a departure from every previous incoming president, Trump is refusing to sign the documents required as part of a presidential transition at least in part because those documents mandate that he disclose who is funding his transition and limit those donations to $5,000 per donor. Without that disclosure, it is impossible to see who is funding him. For all we know, that list could include foreign governments.
As activist Melanie D’Arrigo put it on Bluesky: “‘Secret donations’ are bribes. The hundreds of millions he received from Elon Musk and other billionaires are also bribes. There’s a reason Donald Trump isn’t signing ethics pledges.” Indeed, after his first term, the watchdog organization Citizens for Responsibility and Ethics in Washington concluded that “there is absolutely no doubt that Trump tried at every turn to use the presidency to benefit his bottom line,” and noted that those who spent money at Trump’s properties often received favorable policy decisions from the administration.
During the campaign, Trump promised to fight for ordinary Americans, but many of Trump’s picks to fill offices in his administration are notable for their extreme wealth. His pick for treasury secretary is billionaire Scott Bessent, a hedge fund executive who invested money for philanthropist George Soros for more than ten years. To head the Commerce Department, Trump has tapped billionaire Howard Lutnick, the chief executive officer of financial giant Cantor Fitzgerald.
Trump’s choice for education secretary, Linda McMahon, and his choice for Interior Secretary, North Dakota governor Doug Burgum, are both billionaires. And then there are the two men Trump tapped for his Department of Government Efficiency. Former pharmaceutical executive Vivek Ramaswamy is worth around a billion dollars, but Elon Musk is usually at the top of the list of the richest people in the world. He’s worth about $332.6 billion.
Laura Mannweiler of U.S. News and World Report today estimated the worth of Trump’s current roster of appointees to be at least $344.4 billion, more than the gross domestic product of 169 countries. That number does not include Bessent, whose net worth is hard to find. In comparison, Mannweiler notes, the total net worth of the officials in Biden’s Cabinet was about $118 million.
Economist Robert Reich noted yesterday that the wealth of America’s 815 billionaires grew by nearly $280 billion after Trump’s reelection, and the president-elect is promising to extend the 2017 tax cuts that are set to expire in 2025. Now, after all their complaints about the budget deficits under Biden as he invested in the country, Republicans are, according to Andrew Duehren of the New York Times, considering rejiggering the government’s accounting so that extending the tax cuts, which will create about $4 trillion in deficits, shows up as not costing anything.
Deregulation, too, is on the agenda. It’s a cause close to the heart of Elon Musk, who frequently complains that unnecessary regulations are making it impossible for visionary entrepreneurs to develop the technological sector as quickly and efficiently as they could otherwise.
In the Wall Street Journal yesterday, Susan Pulliam, Emily Glazer, and Becky Peterson noted that although Musk says his goal is to “protect life on Earth,” his companies “show a pattern of breaking environmental rules again and again.” The authors report that Tesla’s facility in Fremont, California, has received “more warnings for violations of air pollution rules over the past five years than almost any other company’s plant in California,” 112 of them. Federal regulators recently fined SpaceX for dumping about 262,000 gallons of wastewater into protected wetlands in Texas. Tesla, too, has dumped contaminated water into public sewer systems.
One staffer for environmental compliance told the Environmental Protection Agency that ““Tesla repeatedly asked me to lie to the government so that they could operate without paying for proper environmental controls.”
People who have worked with Musk “for years” told Pulliam, Glazer, and Peterson that they expect Musk will try to cut environmental regulations, especially the ones that affect his companies. After Trump announced that he was creating DOGE and putting Musk in charge of it, Musk posted: “We finally have a mandate to delete the mountain of choking regulations that do not serve the greater good.”
Musk’s companies have brought in at least $15.4 billion in federal contracts over the past decade, and his companies have been targeted in at least 20 government investigations recently. Eric Lipton, David A. Fahrenthold, Aaron Krolik, and Kristen Grind of the New York Times note that Trump’s victory and his appointment of Musk to an oversight role in the government “essentially give[s] the world’s richest man and a major government contractor the power to regulate the regulators who hold sway over his companies, amounting to a potentially enormous conflict of interest.”
Today, Sara Murray, Kristen Holmes, and Kate Sullivan of CNN reported that Trump’s lawyers have conducted an investigation into whether top Trump advisor Boris Epshteyn has been selling access to Trump. Payments for his promotion of candidates for administration positions or access to administration officials were as much as $100,000 a month. The lawyers recommended that the Trump team should jettison Epshteyn, but it has apparently decided not to.
“I am honored to work for President Trump and with his team,” Epshteyn said in a statement to CNN. “These fake claims are false and defamatory and will not distract us from Making America Great Again.”
Today, special prosecutor Jack Smith moved to drop both federal cases against Trump: the federal election case for his attempt to overturn the results of the 2020 presidential election, and the case concerning Trump’s retention of highly classified documents after he left office in 2021. Trump had said he would break the usual norms around special counsels when he returns to office—Biden retained the special counsel investigating his son, Hunter—and fire Smith.
But Smith pointed to the position of the Department of Justice that a sitting president cannot be prosecuted as a reason for the cases’ dismissal. “This outcome is not based on the merits or strength of the case against the defendant,” he wrote. “The Government’s position on the merits of the defendant’s prosecution has not changed.” Smith left open the possibility that the charges could be brought again in the future after Trump leaves office.
Trump’s approach to the cases was to delay and delay and delay in hopes voters would return him to the White House, and it appears his strategy worked. As democracy lawyer Marc Elias wrote: “Justice delayed was justice denied.”
LETTERS FROM AN AMERICAN
HEATHER COX RICHARDSON
#Kevin Siers#Gerrymandering#Letters from an American#Heather Cox Richardson#North Carolina#minority rule#elections#bribes#corruption#Felon 47
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Heather Cox Richardson 11.25.24
Today, President Joe Biden laid out very clearly the argument behind the economic policies his administration has put into place. “When I took office, the pandemic was raging and the economy was reeling,” he wrote. “From Day One, I was determined to not only deliver economic relief, but to invest in America and grow the economy from the middle out and bottom up, not the top down.”
“Over the last four years, that’s exactly what we’ve done,” he wrote. “We passed legislation to rebuild our infrastructure, build a clean energy economy, and bring manufacturing back to the United States after decades of offshoring.” Investing in America included the Bipartisan Infrastructure Law that is rebuilding our roads, bridges, water systems, ports, and airports, as well as making high-speed broadband available in underserved areas; the CHIPS and Science Act that invested in bringing the manufacture of silicon chips back to the U.S. and promoting research; and the Inflation Reduction Act, which invested in technologies to combat climate change.
Today the White House announced that this federal investment has attracted more than $1 trillion in private-sector investments. “These investments in industries of the future,” Biden wrote, “are ensuring the future is made in America, by American workers.”
He noted that more than 1.6 million construction and manufacturing jobs have been created over the last four years and that “our investments are making America a leader in clean energy and semiconductor technologies that will protect our economic and national security, while expanding opportunities in red states and blue states.”
In a White House memo, White House deputy chief of staff Natalie Quillian wrote: “The progress we've made...represents only a fraction of the full impact of this agenda. If future Administrations continue to implement at the pace we have, people across the country will enjoy the benefits of safer water, cleaner air, faster internet, and smoother commutes.”
But the incoming Trump administration will advance a different economic vision. Instead of trying to expand the economy through investment in infrastructure and manufacturing, Trump’s team has emphasized cutting taxes for the wealthy and corporations and slashing regulations.
The argument behind this approach to the economy is that concentrating wealth in the hands of investors will spur more investment, while creating an environment that’s “friendly” to business will create jobs. Jack Brook of the Associated Press reported that earlier this month, the state of Louisiana illustrated what this policy looks like to ordinary people when it cut income taxes to a flat 3% rate, reducing revenue by about $1.3 billion. They made up that revenue by increasing the sales tax to 5%, thus shifting the burden of taxation to lower- and middle-class families. “Louisiana just became a much more attractive place to do business,” Louisiana economic development secretary Susan Bourgeois told Brook.
It is becoming clear what Trump’s economic policy will look like at the national level. Super wealthy donors funded Trump’s 2024 campaign, and in a departure from every previous incoming president, Trump is refusing to sign the documents required as part of a presidential transition at least in part because those documents mandate that he disclose who is funding his transition and limit those donations to $5,000 per donor. Without that disclosure, it is impossible to see who is funding him. For all we know, that list could include foreign governments.
As activist Melanie D’Arrigo put it on Bluesky: “‘Secret donations’ are bribes. The hundreds of millions he received from Elon Musk and other billionaires are also bribes. There’s a reason Donald Trump isn’t signing ethics pledges.” Indeed, after his first term, the watchdog organization Citizens for Responsibility and Ethics in Washington concluded that “there is absolutely no doubt that Trump tried at every turn to use the presidency to benefit his bottom line,” and noted that those who spent money at Trump’s properties often received favorable policy decisions from the administration.
During the campaign, Trump promised to fight for ordinary Americans, but many of Trump’s picks to fill offices in his administration are notable for their extreme wealth. His pick for treasury secretary is billionaire Scott Bessent, a hedge fund executive who invested money for philanthropist George Soros for more than ten years. To head the Commerce Department, Trump has tapped billionaire Howard Lutnick, the chief executive officer of financial giant Cantor Fitzgerald.
Trump’s choice for education secretary, Linda McMahon, and his choice for Interior Secretary, North Dakota governor Doug Burgum, are both billionaires. And then there are the two men Trump tapped for his Department of Government Efficiency. Former pharmaceutical executive Vivek Ramaswamy is worth around a billion dollars, but Elon Musk is usually at the top of the list of the richest people in the world. He’s worth about $332.6 billion. Trump is expected to tap donor Kelly Loeffler, who is married to billionaire Jeff Sprecher, the chair of the New York Stock Exchange, as Secretary of Agriculture.
Laura Mannweiler of U.S. News and World Report today estimated the worth of Trump’s current roster of appointees to be at least $344.4 billion, more than the gross domestic product of 169 countries. That number does not include Bessent, whose net worth is hard to find. In comparison, Mannweiler notes, the total net worth of the officials in Biden’s Cabinet was about $118 million.
Economist Robert Reich noted yesterday that the wealth of America’s 815 billionaires grew by nearly $280 billion after Trump’s reelection, and the president-elect is promising to extend the 2017 tax cuts that are set to expire in 2025. Now, after all their complaints about the budget deficits under Biden as he invested in the country, Republicans are, according to Andrew Duehren of the New York Times, considering rejiggering the government’s accounting so that extending the tax cuts, which will create about $4 trillion in deficits, shows up as not costing anything.
Deregulation, too, is on the agenda. It’s a cause close to the heart of Elon Musk, who frequently complains that unnecessary regulations are making it impossible for visionary entrepreneurs to develop the technological sector as quickly and efficiently as they could otherwise.
In the Wall Street Journal yesterday, Susan Pulliam, Emily Glazer, and Becky Peterson noted that although Musk says his goal is to “protect life on Earth,” his companies “show a pattern of breaking environmental rules again and again.” The authors report that Tesla’s facility in Fremont, California, has received “more warnings for violations of air pollution rules over the past five years than almost any other company’s plant in California,” 112 of them. Federal regulators recently fined SpaceX for dumping about 262,000 gallons of wastewater into protected wetlands in Texas. Tesla, too, has dumped contaminated water into public sewer systems.
One staffer for environmental compliance told the Environmental Protection Agency that ““Tesla repeatedly asked me to lie to the government so that they could operate without paying for proper environmental controls.”
People who have worked with Musk “for years” told Pulliam, Glazer, and Peterson that they expect Musk will try to cut environmental regulations, especially the ones that affect his companies. After Trump announced that he was creating DOGE and putting Musk in charge of it, Musk posted: “We finally have a mandate to delete the mountain of choking regulations that do not serve the greater good.”
Musk’s companies have brought in at least $15.4 billion in federal contracts over the past decade, and his companies have been targeted in at least 20 government investigations recently. Eric Lipton, David A. Fahrenthold, Aaron Krolik, and Kristen Grind of the New York Times note that Trump’s victory and his appointment of Musk to an oversight role in the government “essentially give[s] the world’s richest man and a major government contractor the power to regulate the regulators who hold sway over his companies, amounting to a potentially enormous conflict of interest.”
Today, Sara Murray, Kristen Holmes, and Kate Sullivan of CNN reported that Trump’s lawyers have conducted an investigation into whether top Trump advisor Boris Epshteyn has been selling access to Trump. Payments for his promotion of candidates for administration positions or access to administration officials were as much as $100,000 a month. The lawyers recommended that the Trump team should jettison Epshteyn, but it has apparently decided not to.
“I am honored to work for President Trump and with his team,” Epshteyn said in a statement to CNN. “These fake claims are false and defamatory and will not distract us from Making America Great Again.”
Today, special prosecutor Jack Smith moved to drop both federal cases against Trump: the federal election case for his attempt to overturn the results of the 2020 presidential election, and the case concerning Trump’s retention of highly classified documents after he left office in 2021. Trump had said he would break the usual norms around special counsels when he returns to office—Biden retained the special counsel investigating his son, Hunter—and fire Smith.
But Smith pointed to the position of the Department of Justice that a sitting president cannot be prosecuted as a reason for the cases’ dismissal. “This outcome is not based on the merits or strength of the case against the defendant,” he wrote. “The Government’s position on the merits of the defendant’s prosecution has not changed.” Smith left open the possibility that the charges could be brought again in the future after Trump leaves office.
Trump’s approach to the cases was to delay and delay and delay in hopes voters would return him to the White House, and it appears his strategy worked.
As democracy lawyer Marc Elias wrote: “Justice delayed was justice denied.”
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Delays in the delivery of the F-35 will cost Lockheed hundreds of millions in 2023
Diego Alves By Diego Alves 07/25/23 - 09:00m in Military
Problems with the latest updates of the Lockheed Martin (LM) F-35 Lightning II will cause the aircraft manufacturer to miss its 2023 delivery target by up to about 50 jets, company officials said last week.
Delays can reduce LM's revenue for 2023 by hundreds of millions of dollars.
Lockheed originally planned to deliver between 147 and 153 fighters this year. But software problems with updates known as Technology Refresh 3, or TR-3, are causing significant delays. The Pentagon announced in June that it would not accept newly built F-35s with TR-3 until the updates were completely ready.
Lockheed CEO Jim Taiclet said in a conference call with investors that the company now expects to deliver 100 to 120 F-35 this year, given the TR-3 software problems.
Jay Malave, chief financial officer of Lockheed, said that delivery delays will cost the company between $210 million and $350 million this year, depending on how long the company can start delivering TR-3-enabled fighters.
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Last week's statement was the company's first to indicate the total scale of the impact of the delivery interruption.
However, the company did not decrease the production of the F-35, Malave added, and will store the completed jets until they are ready for delivery.
“There will be no delay in production,” Malave explained. "There will only be a delay in delivery based on the completion of the software integration test that should be done soon."
Next year, he added, LM will probably end up delivering more than the 156 fighters it planned to build and deliver in 2024.
“Our team remains fully dedicated to delivering the first aircraft updated with the TR-3 in 2023,” Taiclet said. “We completed 58 flight tests on four different aircraft in the TR-3 configuration, including a successful flight test that took place in May.”
TR-3 is the name of the program for a package of updates that aim to provide the F-35 with improvement in flight characteristics, memory of mission computers and processing power, and is necessary before a more extensive modernization known as "Bloc 4" can be added. Block 4 will allow the F-35 to carry more long-range precision weapons, enhanced e-war features, and better target recognition.
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The U.S. Air Force held the first test flight of a TR-3-enabled F-35 in January.
But the TR-3 launch schedule, originally scheduled for April 2023, has been postponed. The F-35 Joint Program Office (JPO) now expects it to arrive in December 2023 at least, or perhaps in April 2024.
The development and initial production of the TR-3 hardware was originally slow, said the F-35 Joint Program Office, but the hardware problems have now been resolved. Lockheed Martin is now building F-35s with the TR-3 installed.
But the JPO reported last month that the TR-3 software, and making it work with the new fighter hardware, is proving difficult. Taiclet said for the first time that the problems of the TR-3 would lead to fewer deliveries at an April conference call, but at the time he described the scope of the problem as a "fraction" of the total 2023 deliveries and said it should
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The Pentagon is still accepting deliveries of F-35 enabled with the TR-2. LM delivered 50 of these F-35s in the first half of the year.
Malave said that the company is performing extra shifts and sending its experts to other companies and suppliers to ensure that the F-35 program remains on track. He also noted that Lockheed and the Department of Defense have enough pilots to carry out acceptance flights to release the newly built jets for delivery as soon as they are ready.
Lockheed expects to re-deliver 156 F-35 annually in 2025, Taiclet said.
Tags: Military AviationusaLockheed MartinLockheed Martin F-35 Lightning II
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Salary of a Fractional CMO And Hourly Rate In 2025 - Thinkcapadvisors
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A Chief Marketing Officer (CMO) is the torchbearer of a company's brand and the driving force behind taking its products and services to market. Acting as the growth engine, a CMO fuels brand recognition, demand generation, and customer loyalty by executing strategic marketing programs that drive revenue and build lasting customer relationships.
However, hiring an experienced CMO can be expensive, especially for startups and mid-sized businesses. Large companies with traditional marketing practices may struggle to transition to new-age, digital-first marketing approaches due to the high cost of recruiting seasoned marketing professionals. In the U.S., the average salary for a CMO ranges between $180,000 and $250,000, with top-tier talent commanding significantly higher compensation. For companies still finding their footing in the market, such expenses can be daunting and, often, unsustainable.
In response to these challenges, many organizations outsource specific marketing tasks to agencies. While this may seem cost-effective, it often results in disjointed strategies, fragmented execution, and sub-optimal outcomes due to a lack of cohesive leadership and vision.
This is where Fractional CMO services offer a compelling solution. By engaging an experienced marketing leader on a part-time or project basis, companies can access the strategic expertise and leadership of a CMO at a fraction of the cost—typically 50% or lower than hiring a full-time professional. This model allows businesses to align their marketing efforts, integrate digital strategies, and focus on growth without overstretching their budgets.
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Salary Of a Fractional CMO
In countries like the USA, Fractional CMOs at *ThinkCap Advisors charge between $150 and $200 per hour, resulting in a monthly cost of $3,000 to $12,000. They typically work 5 to 15 hours per week for a single client.
On average, if a Fractional CMO works 10 hours per week, the monthly cost comes to around $8,000, adding up to $96,000 per year. This is nearly 50% lower than the annual salary of a full-time CMO.
Does Hiring a Fractional CMO Make Commercial Sense?
Companies want to hire employees who can positively impact revenue. However, marketing is often seen as a cost center rather than a revenue driver. In the past, it was difficult for CMOs to justify marketing costs versus revenue impact because most activities were offline or focused on sales enablement.
With the rise of digital marketing, technology allows businesses to track costs and results more accurately. Key metrics such as Click-Through Rate (CTR), Cost Per Lead (CPL), Cost Per Click (CPC), Open Rates, and Conversion Rates help measure marketing performance.
If you are considering hiring a senior marketing executive, it is important to define key responsibilities, track your current CPL, conversion rate, and revenue per customer, and set clear expectations for improvement. Additionally, It is important to align these expectations with your marketing budget to ensure that the Fractional CMO can optimize spending to achieve the best results. Ultimately, the cost of hiring a Fractional CMO will be part of your marketing budget and will impact key customer acquisition metrics.
Conclusion
Fractional CMOs bring not only cost efficiency but also the flexibility to scale marketing efforts based on a company’s evolving needs. They provide the leadership necessary to design and implement cohesive marketing strategies, ensuring that every activity—from brand positioning to demand generation—is aligned with the company’s goals.
However, it is important to clearly define expectations relating to job responsibilities, ROI, and engagement time. If this is done well a Fractional CMO can prove to be a great asset for the organization. Tag = Fractional CMO Services, Fractional Marketing Services, Fractional Chief Marketing Officer, fractional cmo, fractional cmo salary, fractional cmo usa, cmo, fractional marketing, outsourced cmo
#Fractional CMO Services#Fractional Marketing Services#Fractional Chief Marketing Officer#fractional cmo#fractional cmo salary#fractional cmo usa#cmo#fractional marketing#outsourced cmo
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Microsoft Has Kind Words for DeepSeek AI, Offers It to Customers
(Bloomberg) — Microsoft Corp. Chief Executive Officer Satya Nadella had some kind words for DeepSeek, the Chinese artificial intelligence startup that roiled his company’s shares earlier this week. Most Read from Bloomberg The upstart stunned the US tech industry with an open-source AI model called R1 that it claims rivals or outperforms the abilities of western technology but at a fraction of…
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Elevating Business Efficiency with Outsourced CFO Services
In today’s dynamic business environment, companies often face challenges in maintaining robust financial management systems. Many organizations, especially small to mid-sized enterprises, may not have the resources or expertise to manage complex financial operations. This is where outsourced CFO services and financial management consultancy services come into play, offering tailored solutions to drive growth and profitability.
The Value of Outsourced CFO Services
Outsourced CFO services provide businesses with access to top-tier financial expertise without the need for a full-time, in-house chief financial officer. This approach allows companies to benefit from strategic financial planning, budgeting, forecasting, and performance analysis. By leveraging these services, businesses can make informed decisions that align with their long-term goals.
For example, a growing company might struggle with cash flow management or require insights into potential investment opportunities. An outsourced CFO can step in to provide actionable advice, helping to optimize financial performance while reducing operational costs. Additionally, these services are highly scalable, making them ideal for businesses undergoing rapid growth or seasonal fluctuations.
Comprehensive Financial Management Consultancy Services
Financial management consultancy services encompass a wide range of offerings designed to improve a company’s financial health. These services typically include financial planning, risk assessment, cost control strategies, and compliance management. Consultants work closely with businesses to identify inefficiencies, streamline processes, and implement strategies that enhance profitability.
A key advantage of financial management consultancy services is the ability to tap into industry-specific expertise. Whether you’re in retail, manufacturing, or technology, consultants can tailor their recommendations to meet the unique needs of your business. This personalized approach ensures that every financial decision is backed by data-driven insights and market trends.
Why Choose Outsourced Solutions?
Cost-Effectiveness: Hiring a full-time CFO or building an in-house financial team can be expensive. Outsourced solutions provide access to seasoned professionals at a fraction of the cost.
Flexibility: Outsourced CFO services and consultancy arrangements can be customized to match the specific needs of your business, whether it’s a short-term project or ongoing support.
Expertise: With outsourced professionals, you gain access to a wealth of knowledge and experience that may not be available within your existing team.
Focus on Core Operations: By delegating financial responsibilities to experts, business owners and managers can concentrate on core operations and strategic initiatives.
AKMCME: Your Partner in Financial Excellence
At AKMCME, we understand the importance of sound financial management in achieving business success. Our outsourced CFO services and financial management consultancy services are designed to empower organizations with the tools and insights they need to thrive in a competitive market.
Whether you need assistance with strategic financial planning, performance analysis, or compliance management, our team of experienced professionals is here to help. We pride ourselves on delivering personalized solutions that drive measurable results.
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Unlock Financial Clarity with Liftbridge: Your SaaS Fractional CFO Solution
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In today’s fast-paced SaaS industry, financial management can make or break a company. SaaS businesses face unique financial challenges, from forecasting subscription revenues to managing cash flows and navigating complex pricing models. Many growing companies reach a stage where basic accounting is no longer enough, but hiring a full-time Chief Financial Officer (CFO) feels excessive or out of budget. That’s where Liftbridge steps in, offering a revolutionary solution: SaaS fractional CFO services.
What Is a Fractional CFO?
A fractional CFO is an experienced financial professional who works with businesses on a part-time or project basis. This flexible approach allows companies to gain high-level financial expertise without the expense of a full-time executive. For SaaS companies, a fractional CFO brings tailored strategies to optimize recurring revenue, monitor KPIs, and ensure long-term growth.
Liftbridge specializes in fractional CFO services designed specifically for SaaS businesses. Whether you need assistance with strategic planning, financial modeling, or investor relations, our team delivers the insights and support you need to scale efficiently.
Why SaaS Companies Need a Fractional CFO
Running a SaaS company comes with distinct financial complexities. Subscription-based revenue models require precise forecasting and churn analysis to ensure stability. In addition, SaaS businesses often face challenges in:
Understanding key metrics: Metrics like ARR (Annual Recurring Revenue), LTV (Customer Lifetime Value), and CAC (Customer Acquisition Cost) are critical to evaluating performance.
Cash flow management: Predicting cash flow in a subscription-based model can be tricky, especially with varying billing cycles and customer payment terms.
Pricing strategies: Determining the best pricing tiers and strategies to maximize revenue without deterring potential customers requires deep financial expertise.
Scaling operations: Expanding a SaaS business involves significant investment in technology, talent, and infrastructure. Strategic financial planning ensures sustainable growth.
Liftbridge’s SaaS fractional CFO services address these challenges head-on, equipping businesses with actionable insights and strategies to thrive.
Benefits of Choosing Liftbridge’s SaaS Fractional CFO Services
SaaS Expertise Unlike generalist financial advisors, Liftbridge focuses exclusively on SaaS businesses. Our team understands the nuances of subscription-based models and can help you optimize metrics like MRR (Monthly Recurring Revenue) and churn rates.
Strategic Insights Our fractional CFOs go beyond number-crunching. We help you develop actionable strategies for fundraising, market expansion, and long-term profitability.
Scalability As your SaaS business grows, so do your financial needs. Liftbridge’s services scale with you, providing the right level of support at every stage of your journey.
Improved Investor Relations Whether you’re preparing for a funding round or managing investor expectations, Liftbridge ensures your financial reporting and projections are pitch-perfect. Impress stakeholders with clear, data-driven insights.
How Liftbridge Works
Partnering with Liftbridge is a seamless process designed to meet your specific needs. Here’s how it works:
Initial Consultation We start by understanding your SaaS business’s current financial state and goals. This consultation helps us identify the key areas where our fractional CFO services can add value.
Customized Financial Plan Based on your needs, we create a tailored financial strategy. This includes everything from cash flow management and revenue forecasting to expense optimization and fundraising support.
Ongoing Support Our fractional CFOs work with you on a flexible schedule, providing regular updates, insights, and recommendations. Whether you need weekly meetings or quarterly reviews, we adapt to your requirements.
Data-Driven Decisions Using advanced analytics tools, we help you track and analyze your SaaS metrics in real-time. This data-driven approach ensures you’re always ahead of the curve.
Why Choose Liftbridge? At Liftbridge, we’re more than financial advisors—we’re partners in your success. Our team combines decades of experience in SaaS financial management with a commitment to delivering measurable results. When you choose Liftbridge, you gain a trusted ally dedicated to helping your business thrive.
Take the Next Step Ready to unlock your SaaS business’s full potential? Liftbridge’s SaaS fractional CFO services provide the expertise you need to drive growth, improve profitability, and achieve financial clarity. Contact us today to schedule a consultation and discover how we can help your business soar.
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#saas fractional cfo#fractional cfo for saas companies#fractional saas cfo#saas cfo services#financial metrics for saas companies
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Cybersecurity and Virtual CISO: A Modern Approach to Securing Your Business
In the ever-evolving landscape of cybersecurity, businesses face increasing threats from hackers, malware, ransomware, and other malicious activities. As organizations become more digitally reliant, the need for robust security measures is paramount. One emerging solution to enhance an organization’s cybersecurity framework is the use of a Virtual Chief Information Security Officer (vCISO). Let’s explore what a vCISO is, their role in cybersecurity, and why businesses are embracing this innovative approach.
What Is a Virtual CISO?
A Virtual Chief Information Security Officer (vCISO) is an outsourced security expert or team that provides strategic leadership and guidance for an organization's cybersecurity initiatives. Unlike a traditional CISO, who is a full-time employee, a vCISO operates on a contract or part-time basis, offering flexibility and cost efficiency while delivering top-tier expertise.
The vCISO’s responsibilities align with those of a conventional CISO, including developing security policies, managing risks, ensuring compliance, and responding to cyber incidents. However, the virtual model allows organizations of all sizes to access seasoned professionals without the overhead of hiring a full-time executive.
The Role of vCISO in Cybersecurity
A vCISO plays a pivotal role in strengthening an organization’s cybersecurity posture. Here’s how:
Strategic Risk Management A vCISO conducts thorough risk assessments to identify vulnerabilities and prioritize mitigation strategies. By understanding the unique risks faced by the organization, they create a customized roadmap to enhance security.
Policy and Compliance Development Ensuring compliance with industry regulations and standards, such as GDPR, HIPAA, or ISO 27001, is a critical responsibility of a vCISO. They develop policies and procedures that align with legal and regulatory requirements, reducing the risk of penalties.
Incident Response Planning A vCISO designs and implements robust incident response plans, ensuring the organization is prepared to detect, respond to, and recover from cyberattacks swiftly.
Security Awareness Training Employees are often the weakest link in cybersecurity. A vCISO conducts training programs to educate staff about phishing, password hygiene, and other critical security practices, fostering a culture of awareness.
Vendor and Technology Management Many organizations use third-party services and software. A vCISO evaluates these vendors to ensure their security practices meet the organization’s standards, minimizing risks from supply chain vulnerabilities.
Benefits of Hiring a Virtual CISO
Cost Efficiency Hiring a full-time CISO can be expensive, especially for small and medium-sized businesses. A vCISO provides the same level of expertise at a fraction of the cost.
Access to Expertise vCISOs are seasoned professionals with experience across various industries and cyber domains. They bring insights and best practices that can significantly strengthen an organization’s cybersecurity framework.
Scalability and Flexibility Organizations can scale their vCISO services up or down based on changing needs, making it a flexible solution for dynamic business environments.
Quick Implementation A vCISO can quickly assess the organization’s current security posture and implement necessary changes without the lengthy onboarding process of a full-time executive.
For a detailed understanding of vCISO services, explore Virtual CISO Solutions.
Cybersecurity Challenges Addressed by vCISOs
Ransomware Attacks With ransomware attacks on the rise, a vCISO ensures that data is adequately backed up and systems are fortified to resist such breaches.
Data Breaches By implementing robust access controls and encryption protocols, a vCISO minimizes the risk of sensitive data being compromised.
Phishing and Social Engineering A vCISO educates employees to recognize phishing attempts and establishes protocols to prevent unauthorized access to critical systems.
Cloud Security As more organizations migrate to the cloud, a vCISO ensures secure configurations, proper access management, and compliance with cloud security standards.
Is a Virtual CISO Right for Your Business?
A vCISO is ideal for organizations that lack the resources to hire a full-time CISO but still require expert guidance to navigate today’s complex cybersecurity landscape. Small and medium-sized businesses, in particular, can benefit significantly from this model, gaining access to enterprise-level security without overstretching their budgets.
To learn more about how vCISOs can enhance cybersecurity, check out Cybersecurity for Businesses.
Conclusion
The role of a Virtual CISO is increasingly critical in today’s digital-first world. By combining expertise, cost efficiency, and flexibility, vCISOs provide businesses with the strategic leadership needed to protect against cyber threats and ensure compliance. Whether you’re a startup or an established enterprise, leveraging the services of a vCISO can fortify your cybersecurity framework and safeguard your organization’s future.
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Why Your Business Needs a Virtual CTO?
Struggling to navigate the complexities of technology in your business? Wondering how to stay ahead of innovation without breaking the bank? A Virtual CTO might just be the secret weapon your business needs.
Identifying the Pain Point
In today’s digital-first world, businesses face immense pressure to keep up with technological advancements. Whether it's implementing AI, migrating to the cloud, or enhancing cybersecurity, companies often encounter hurdles like:
The high cost of hiring a full-time Chief Technology Officer (CTO).
Limited access to experienced tech leadership.
Challenges in scaling operations while managing complex technologies.
The reality? Many businesses, especially startups and SMEs, cannot afford the time or financial investment required for full-time technical leadership. Yet, without expert guidance, staying competitive becomes a daunting task.
Does this sound like your business? If so, you’re not alone.
Introducing the Solution: A Virtual CTO
Imagine having access to a senior technology leader without the financial burden of a full-time hire. That’s where a Virtual CTO steps in.
What is a Virtual CTO? A Virtual CTO is a part-time or on-demand technology expert who:
Oversees your tech strategy and implementation.
Guides your team on adopting cutting-edge tools and methodologies.
Aligns technology goals with business objectives.
At Tranciscolabs, our Virtual CTO service provides businesses with the flexibility to access expert guidance tailored to their unique needs. Whether you’re looking to implement AI, optimize workflows, or future-proof your operations, our team has you covered.
Why Choose a Virtual CTO?
Cost-Effectiveness
Hiring a full-time CTO can cost upwards of $200,000 annually, excluding benefits and equity. A Virtual CTO offers the same level of expertise at a fraction of the cost, making it ideal for small to medium-sized businesses.
Flexibility
With a Virtual CTO, you only pay for what you need. This flexibility ensures you can scale your tech leadership as your business grows.
Access to Expertise
Virtual CTOs are seasoned professionals with diverse experience across industries. They bring best practices and innovative strategies to the table.
In short, a Virtual CTO is a high-impact solution tailored for modern businesses.
Benefits and Real-World Use Cases
Here’s how a Virtual CTO can transform your business:
Strategic Technology Planning
Develop a roadmap for AI adoption, cloud migration, or software upgrades.
Ensure technology investments align with long-term business goals.
Enhanced Security and Compliance
Identify and mitigate cybersecurity risks.
Stay compliant with industry regulations like GDPR, HIPAA, or PCI DSS.
Streamlined Operations
Optimize workflows with automation tools.
Implement scalable solutions for business growth.
Accelerated Innovation
Launch new products faster with expert guidance.
Explore cutting-edge technologies like blockchain or machine learning.
Real-World Example: A mid-sized e-commerce company leveraged our Virtual CTO service to integrate AI-powered recommendation systems. The result? A 30% increase in sales within six months and improved customer satisfaction.
Cost Savings and Efficiency
Avoid costly trial-and-error by relying on seasoned advice.
Reduce overheads compared to maintaining an in-house tech team.
Improved Decision-Making
Make informed choices with data-driven insights.
Leverage the latest tech trends to outpace competitors.
With a Virtual CTO, your business gets the best of both worlds: top-tier expertise and unmatched flexibility.
Social Proof: Results That Speak for Themselves
Here’s what businesses say about Virtual CTOs:
“Our Virtual CTO helped us reduce operational costs by 40% while scaling our IT infrastructure.”
“We launched our AI product six months ahead of schedule with the strategic guidance of a Virtual CTO.”
And it’s not just anecdotal. Studies show that companies utilizing on-demand technical leadership are 30% more likely to achieve their digital transformation goals.
Clear Call to Action
Ready to transform your business with expert tech leadership? Let us help you bridge the gap between ambition and execution.
Book a free consultation with Tranciscolabs today. Let’s explore how our Virtual CTO service can drive growth, innovation, and success for your business.
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#VirtualCTO #TechLeadership #BusinessInnovation #CostEffectiveSolutions #AIAdoption
#Virtual CTO in gurugram#Website development in gurugram#Digital Marketing in Gurugram#Best website development in gurugram
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November 25, 2024
HEATHER COX RICHARDSON
NOV 26
Today, President Joe Biden laid out very clearly the argument behind the economic policies his administration has put into place. “When I took office, the pandemic was raging and the economy was reeling,” he wrote. “From Day One, I was determined to not only deliver economic relief, but to invest in America and grow the economy from the middle out and bottom up, not the top down.”
“Over the last four years, that’s exactly what we’ve done,” he wrote. “We passed legislation to rebuild our infrastructure, build a clean energy economy, and bring manufacturing back to the United States after decades of offshoring.” Investing in America included the Bipartisan Infrastructure Law that is rebuilding our roads, bridges, water systems, ports, and airports, as well as making high-speed broadband available in underserved areas; the CHIPS and Science Act that invested in bringing the manufacture of silicon chips back to the U.S. and promoting research; and the Inflation Reduction Act, which invested in technologies to combat climate change.
Today the White House announced that this federal investment has attracted more than $1 trillion in private-sector investments. “These investments in industries of the future,” Biden wrote, “are ensuring the future is made in America, by American workers.”
He noted that more than 1.6 million construction and manufacturing jobs have been created over the last four years and that “our investments are making America a leader in clean energy and semiconductor technologies that will protect our economic and national security, while expanding opportunities in red states and blue states.”
In a White House memo, White House deputy chief of staff Natalie Quillian wrote: “The progress we've made...represents only a fraction of the full impact of this agenda. If future Administrations continue to implement at the pace we have, people across the country will enjoy the benefits of safer water, cleaner air, faster internet, and smoother commutes.”
But the incoming Trump administration will advance a different economic vision. Instead of trying to expand the economy through investment in infrastructure and manufacturing, Trump’s team has emphasized cutting taxes for the wealthy and corporations and slashing regulations.
The argument behind this approach to the economy is that concentrating wealth in the hands of investors will spur more investment, while creating an environment that’s “friendly” to business will create jobs. Jack Brook of the Associated Press reported that earlier this month, the state of Louisiana illustrated what this policy looks like to ordinary people when it cut income taxes to a flat 3% rate, reducing revenue by about $1.3 billion. They made up that revenue by increasing the sales tax to 5%, thus shifting the burden of taxation to lower- and middle-class families. “Louisiana just became a much more attractive place to do business,” Louisiana economic development secretary Susan Bourgeois told Brook.
It is becoming clear what Trump’s economic policy will look like at the national level. Super wealthy donors funded Trump’s 2024 campaign, and in a departure from every previous incoming president, Trump is refusing to sign the documents required as part of a presidential transition at least in part because those documents mandate that he disclose who is funding his transition and limit those donations to $5,000 per donor. Without that disclosure, it is impossible to see who is funding him. For all we know, that list could include foreign governments.
As activist Melanie D’Arrigo put it on Bluesky: “‘Secret donations’ are bribes. The hundreds of millions he received from Elon Musk and other billionaires are also bribes. There’s a reason Donald Trump isn’t signing ethics pledges.” Indeed, after his first term, the watchdog organization Citizens for Responsibility and Ethics in Washington concluded that “there is absolutely no doubt that Trump tried at every turn to use the presidency to benefit his bottom line,” and noted that those who spent money at Trump’s properties often received favorable policy decisions from the administration.
During the campaign, Trump promised to fight for ordinary Americans, but many of Trump’s picks to fill offices in his administration are notable for their extreme wealth. His pick for treasury secretary is billionaire Scott Bessent, a hedge fund executive who invested money for philanthropist George Soros for more than ten years. To head the Commerce Department, Trump has tapped billionaire Howard Lutnick, the chief executive officer of financial giant Cantor Fitzgerald.
Trump’s choice for education secretary, Linda McMahon, and his choice for Interior Secretary, North Dakota governor Doug Burgum, are both billionaires. And then there are the two men Trump tapped for his Department of Government Efficiency. Former pharmaceutical executive Vivek Ramaswamy is worth around a billion dollars, but Elon Musk is usually at the top of the list of the richest people in the world. He’s worth about $332.6 billion. Trump is expected to tap donor Kelly Loeffler, who is married to billionaire Jeff Sprecher, the chair of the New York Stock Exchange, as Secretary of Agriculture.
Laura Mannweiler of U.S. News and World Report today estimated the worth of Trump’s current roster of appointees to be at least $344.4 billion, more than the gross domestic product of 169 countries. That number does not include Bessent, whose net worth is hard to find. In comparison, Mannweiler notes, the total net worth of the officials in Biden’s Cabinet was about $118 million.
Economist Robert Reich noted yesterday that the wealth of America’s 815 billionaires grew by nearly $280 billion after Trump’s reelection, and the president-elect is promising to extend the 2017 tax cuts that are set to expire in 2025. Now, after all their complaints about the budget deficits under Biden as he invested in the country, Republicans are, according to Andrew Duehren of the New York Times, considering rejiggering the government’s accounting so that extending the tax cuts, which will create about $4 trillion in deficits, shows up as not costing anything.
Deregulation, too, is on the agenda. It’s a cause close to the heart of Elon Musk, who frequently complains that unnecessary regulations are making it impossible for visionary entrepreneurs to develop the technological sector as quickly and efficiently as they could otherwise.
In the Wall Street Journal yesterday, Susan Pulliam, Emily Glazer, and Becky Peterson noted that although Musk says his goal is to “protect life on Earth,” his companies “show a pattern of breaking environmental rules again and again.” The authors report that Tesla’s facility in Fremont, California, has received “more warnings for violations of air pollution rules over the past five years than almost any other company’s plant in California,” 112 of them. Federal regulators recently fined SpaceX for dumping about 262,000 gallons of wastewater into protected wetlands in Texas. Tesla, too, has dumped contaminated water into public sewer systems.
One staffer for environmental compliance told the Environmental Protection Agency that ““Tesla repeatedly asked me to lie to the government so that they could operate without paying for proper environmental controls.”
People who have worked with Musk “for years” told Pulliam, Glazer, and Peterson that they expect Musk will try to cut environmental regulations, especially the ones that affect his companies. After Trump announced that he was creating DOGE and putting Musk in charge of it, Musk posted: “We finally have a mandate to delete the mountain of choking regulations that do not serve the greater good.”
Musk’s companies have brought in at least $15.4 billion in federal contracts over the past decade, and his companies have been targeted in at least 20 government investigations recently. Eric Lipton, David A. Fahrenthold, Aaron Krolik, and Kristen Grind of the New York Times note that Trump’s victory and his appointment of Musk to an oversight role in the government “essentially give[s] the world’s richest man and a major government contractor the power to regulate the regulators who hold sway over his companies, amounting to a potentially enormous conflict of interest.”
Today, Sara Murray, Kristen Holmes, and Kate Sullivan of CNN reported that Trump’s lawyers have conducted an investigation into whether top Trump advisor Boris Epshteyn has been selling access to Trump. Payments for his promotion of candidates for administration positions or access to administration officials were as much as $100,000 a month. The lawyers recommended that the Trump team should jettison Epshteyn, but it has apparently decided not to.
“I am honored to work for President Trump and with his team,” Epshteyn said in a statement to CNN. “These fake claims are false and defamatory and will not distract us from Making America Great Again.”
Today, special prosecutor Jack Smith moved to drop both federal cases against Trump: the federal election case for his attempt to overturn the results of the 2020 presidential election, and the case concerning Trump’s retention of highly classified documents after he left office in 2021. Trump had said he would break the usual norms around special counsels when he returns to office—Biden retained the special counsel investigating his son, Hunter—and fire Smith.
But Smith pointed to the position of the Department of Justice that a sitting president cannot be prosecuted as a reason for the cases’ dismissal. “This outcome is not based on the merits or strength of the case against the defendant,” he wrote. “The Government’s position on the merits of the defendant’s prosecution has not changed.” Smith left open the possibility that the charges could be brought again in the future after Trump leaves office.
Trump’s approach to the cases was to delay and delay and delay in hopes voters would return him to the White House, and it appears his strategy worked. As democracy lawyer Marc Elias wrote: “Justice delayed was justice denied.”
—
#heather cox richardson#letters from an american#Thank you Merrick Garland#No appearance of impropriety here
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LETTERS FROM AN AMERICAN
November 25, 2024
Heather Cox Richardson
Nov 25, 2024
Today, President Joe Biden laid out very clearly the argument behind the economic policies his administration has put into place. “When I took office, the pandemic was raging and the economy was reeling,” he wrote. “From Day One, I was determined to not only deliver economic relief, but to invest in America and grow the economy from the middle out and bottom up, not the top down.”
“Over the last four years, that’s exactly what we’ve done,” he wrote. “We passed legislation to rebuild our infrastructure, build a clean energy economy, and bring manufacturing back to the United States after decades of offshoring.” Investing in America included the Bipartisan Infrastructure Law that is rebuilding our roads, bridges, water systems, ports, and airports, as well as making high-speed broadband available in underserved areas; the CHIPS and Science Act that invested in bringing the manufacture of silicon chips back to the U.S. and promoting research; and the Inflation Reduction Act, which invested in technologies to combat climate change.
Today the White House announced that this federal investment has attracted more than $1 trillion in private-sector investments. “These investments in industries of the future,” Biden wrote, “are ensuring the future is made in America, by American workers.”
He noted that more than 1.6 million construction and manufacturing jobs have been created over the last four years and that “our investments are making America a leader in clean energy and semiconductor technologies that will protect our economic and national security, while expanding opportunities in red states and blue states.”
In a White House memo, White House deputy chief of staff Natalie Quillian wrote: “The progress we've made...represents only a fraction of the full impact of this agenda. If future Administrations continue to implement at the pace we have, people across the country will enjoy the benefits of safer water, cleaner air, faster internet, and smoother commutes.”
But the incoming Trump administration will advance a different economic vision. Instead of trying to expand the economy through investment in infrastructure and manufacturing, Trump’s team has emphasized cutting taxes for the wealthy and corporations and slashing regulations.
The argument behind this approach to the economy is that concentrating wealth in the hands of investors will spur more investment, while creating an environment that’s “friendly” to business will create jobs. Jack Brook of the Associated Press reported that earlier this month, the state of Louisiana illustrated what this policy looks like to ordinary people when it cut income taxes to a flat 3% rate, reducing revenue by about $1.3 billion. They made up that revenue by increasing the sales tax to 5%, thus shifting the burden of taxation to lower- and middle-class families. “Louisiana just became a much more attractive place to do business,” Louisiana economic development secretary Susan Bourgeois told Brook.
It is becoming clear what Trump’s economic policy will look like at the national level. Super wealthy donors funded Trump’s 2024 campaign, and in a departure from every previous incoming president, Trump is refusing to sign the documents required as part of a presidential transition at least in part because those documents mandate that he disclose who is funding his transition and limit those donations to $5,000 per donor. Without that disclosure, it is impossible to see who is funding him. For all we know, that list could include foreign governments.
As activist Melanie D’Arrigo put it on Bluesky: “‘Secret donations’ are bribes. The hundreds of millions he received from Elon Musk and other billionaires are also bribes. There’s a reason Donald Trump isn’t signing ethics pledges.” Indeed, after his first term, the watchdog organization Citizens for Responsibility and Ethics in Washington concluded that “there is absolutely no doubt that Trump tried at every turn to use the presidency to benefit his bottom line,” and noted that those who spent money at Trump’s properties often received favorable policy decisions from the administration.
During the campaign, Trump promised to fight for ordinary Americans, but many of Trump’s picks to fill offices in his administration are notable for their extreme wealth. His pick for treasury secretary is billionaire Scott Bessent, a hedge fund executive who invested money for philanthropist George Soros for more than ten years. To head the Commerce Department, Trump has tapped billionaire Howard Lutnick, the chief executive officer of financial giant Cantor Fitzgerald.
Trump’s choice for education secretary, Linda McMahon, and his choice for Interior Secretary, North Dakota governor Doug Burgum, are both billionaires. And then there are the two men Trump tapped for his Department of Government Efficiency. Former pharmaceutical executive Vivek Ramaswamy is worth around a billion dollars, but Elon Musk is usually at the top of the list of the richest people in the world. He’s worth about $332.6 billion.
Laura Mannweiler of U.S. News and World Report today estimated the worth of Trump’s current roster of appointees to be at least $344.4 billion, more than the gross domestic product of 169 countries. That number does not include Bessent, whose net worth is hard to find. In comparison, Mannweiler notes, the total net worth of the officials in Biden’s Cabinet was about $118 million.
Economist Robert Reich noted yesterday that the wealth of America’s 815 billionaires grew by nearly $280 billion after Trump’s reelection, and the president-elect is promising to extend the 2017 tax cuts that are set to expire in 2025. Now, after all their complaints about the budget deficits under Biden as he invested in the country, Republicans are, according to Andrew Duehren of the New York Times, considering rejiggering the government’s accounting so that extending the tax cuts, which will create about $4 trillion in deficits, shows up as not costing anything.
Deregulation, too, is on the agenda. It’s a cause close to the heart of Elon Musk, who frequently complains that unnecessary regulations are making it impossible for visionary entrepreneurs to develop the technological sector as quickly and efficiently as they could otherwise.
In the Wall Street Journal yesterday, Susan Pulliam, Emily Glazer, and Becky Peterson noted that although Musk says his goal is to “protect life on Earth,” his companies “show a pattern of breaking environmental rules again and again.” The authors report that Tesla’s facility in Fremont, California, has received “more warnings for violations of air pollution rules over the past five years than almost any other company’s plant in California,” 112 of them. Federal regulators recently fined SpaceX for dumping about 262,000 gallons of wastewater into protected wetlands in Texas. Tesla, too, has dumped contaminated water into public sewer systems.
One staffer for environmental compliance told the Environmental Protection Agency that ““Tesla repeatedly asked me to lie to the government so that they could operate without paying for proper environmental controls.”
People who have worked with Musk “for years” told Pulliam, Glazer, and Peterson that they expect Musk will try to cut environmental regulations, especially the ones that affect his companies. After Trump announced that he was creating DOGE and putting Musk in charge of it, Musk posted: “We finally have a mandate to delete the mountain of choking regulations that do not serve the greater good.”
Musk’s companies have brought in at least $15.4 billion in federal contracts over the past decade, and his companies have been targeted in at least 20 government investigations recently. Eric Lipton, David A. Fahrenthold, Aaron Krolik, and Kristen Grind of the New York Times note that Trump’s victory and his appointment of Musk to an oversight role in the government “essentially give[s] the world’s richest man and a major government contractor the power to regulate the regulators who hold sway over his companies, amounting to a potentially enormous conflict of interest.”
Today, Sara Murray, Kristen Holmes, and Kate Sullivan of CNN reported that Trump’s lawyers have conducted an investigation into whether top Trump advisor Boris Epshteyn has been selling access to Trump. Payments for his promotion of candidates for administration positions or access to administration officials were as much as $100,000 a month. The lawyers recommended that the Trump team should jettison Epshteyn, but it has apparently decided not to.
“I am honored to work for President Trump and with his team,” Epshteyn said in a statement to CNN. “These fake claims are false and defamatory and will not distract us from Making America Great Again.”
Today, special prosecutor Jack Smith moved to drop both federal cases against Trump: the federal election case for his attempt to overturn the results of the 2020 presidential election, and the case concerning Trump’s retention of highly classified documents after he left office in 2021. Trump had said he would break the usual norms around special counsels when he returns to office—Biden retained the special counsel investigating his son, Hunter—and fire Smith.
But Smith pointed to the position of the Department of Justice that a sitting president cannot be prosecuted as a reason for the cases’ dismissal. “This outcome is not based on the merits or strength of the case against the defendant,” he wrote. “The Government’s position on the merits of the defendant’s prosecution has not changed.” Smith left open the possibility that the charges could be brought again in the future after Trump leaves office.
Trump’s approach to the cases was to delay and delay and delay in hopes voters would return him to the White House, and it appears his strategy worked. As democracy lawyer Marc Elias wrote: “Justice delayed was justice denied.”
LETTERS FROM AN AMERICAN
HEATHER COX RICHARDSON
#Letters from An American#Heather Cox Richardson#corruption#DOJ#billionaires#cabinet appointments#ethics#Jack Smith#rule of law#musk#deregulation#the billionaire economy
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CFO Services in Dubai ,
CFO Services in Dubai,
Comprehensive CFO Services in Dubai: Elevate Your Business Performance
Dubai's dynamic business landscape is an epicenter of opportunity for organizations across industries. To thrive in this competitive environment, companies must manage their finances strategically and align them with long-term goals. Chief Financial Officer (CFO) services in Dubai offer businesses—especially SMEs and startups—a cost-effective way to access high-level financial expertise without the overhead costs of hiring full-time executive staff.
What Are CFO Services?
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Dubai’s economic regulations, free zone opportunities, and tax structures are unique yet complex. CFO service providers offer localized expertise, ensuring compliance with financial regulations while maximizing opportunities for growth.
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Startups and SMEs often cannot afford a full-time CFO. CFO services bridge this gap, offering tailored solutions for financial planning, cash flow management, and fundraising without long-term commitments.
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By outsourcing this critical function, you ensure your company’s financial health is in expert hands, giving you the freedom to innovate, expand, and succeed in Dubai's ever-evolving marketplace.
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Why Fractional Chief Technology Officers Are Key for Managing Technical Due Diligence in Mergers and Acquisitions
In the fast-paced world of mergers and acquisitions (M&A), the technical aspect is often a critical component that can determine the success or failure of a deal. Companies looking to acquire or merge with others need to assess not only the financial and operational health of the target but also its technological infrastructure, systems, and intellectual property. This is where a fractional chief technology officer (CTO) comes in as a valuable asset for conducting thorough and effective technical due diligence.
Understanding Technical Due Diligence
Technical due diligence refers to the process of evaluating the technological assets and capabilities of a company during an M&A transaction. This evaluation includes assessing the target’s software architecture, technology stack, scalability, cybersecurity posture, intellectual property, and compliance with industry regulations. A comprehensive technical review helps potential buyers avoid costly surprises and risks after the deal is closed.
The Role of a Fractional CTO in Technical Due Diligence
A fractional CTO is a senior-level executive who provides strategic technological guidance on a part-time or contract basis. Unlike a full-time CTO, a fractional CTO works with companies that require expertise in specific areas or for a limited time, making them ideal for M&A transactions where the scope of the work is temporary but highly specialized.
In the context of technical due diligence, a fractional CTO plays several crucial roles:
1. Technology Assessment
The fractional CTO conducts a thorough assessment of the target company’s technology landscape. They evaluate the current tech stack, software architecture, and development practices to determine if the systems are scalable, secure, and aligned with industry standards. This helps uncover any potential issues that could affect the future growth of the business.
2. Risk Identification
A fractional CTO is adept at identifying technological risks that might not be immediately apparent to other stakeholders, such as legacy systems that may be difficult to integrate, cybersecurity vulnerabilities, or outdated intellectual property. Their expertise allows them to highlight any hidden threats that could impact the value or functionality of the target company post-acquisition.
3. Valuation of Intellectual Property
Intellectual property (IP) is often a key component of an M&A deal, particularly for tech companies. A fractional CTO helps evaluate the quality and value of the target company’s IP, including patents, proprietary software, and trademarks. This assessment ensures that the buyer understands the true worth of the intellectual property and its potential for future revenue generation.
4. Integration Planning
M&A transactions often require the integration of two different technology systems. A fractional CTO can assist in planning for this integration by identifying compatibility issues, providing strategies for system consolidation, and ensuring that the technological transition is smooth. This helps avoid delays or disruptions that could affect the success of the deal.
5. Cost Efficiency
Hiring a full-time CTO for technical due diligence can be expensive, especially for small or mid-sized companies. A fractional CTO provides an affordable solution by delivering the necessary expertise on a flexible, as-needed basis. This allows companies to manage the costs associated with M&A while still benefiting from high-level technical guidance.
Why a Fractional CTO is Crucial for M&A Success
The success of an M&A deal is often determined by how well the integration of two companies’ technologies is handled. Without a proper understanding of the technical landscape, buyers risk investing in businesses with outdated technology, security vulnerabilities, or integration challenges. This can lead to operational disruptions, regulatory issues, or failed synergies, ultimately harming the value of the acquisition.
By bringing in a fractional CTO, companies gain access to seasoned technical leadership that can navigate these challenges effectively. They can ensure that the technical due diligence process is thorough and accurate, helping to make informed decisions that maximize the potential of the deal.
Conclusion
In conclusion, fractional chief technology officers play a vital role in managing the technical due diligence process during M&A transactions. Their expertise ensures that all technological aspects of a potential acquisition are thoroughly assessed, risks are identified, and integration is planned effectively. By leveraging the expertise of a fractional CTO, companies can safeguard their investment, streamline the M&A process, and achieve successful outcomes.
For businesses looking to navigate M&A with confidence, working with a trusted fractional CTO service like CTO Bridge can provide invaluable support. With their experience and knowledge, CTO Bridge helps guide companies through complex technical evaluations, ensuring smooth and successful mergers and acquisitions.
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