For most businesses, our monthly retainer for virtual CAIO services would be between $15k and $30k per quarter-year*. This is a fraction of the cost of hiring an experienced full time CAIO as an employee.
For comparison: A recent US market survey revealed that the total salary package for Chief AI Officers ranged from US$0.2 million to US$0.6 million per quarter-year.
To determine the right pricing for your situation, we need to understand your specific requirements. The virtual CAIO role can encompass various functions, but our guiding principle is that every dollar spent on a virtual CAI should result in hundreds of dollars of additional business value. As a growing business, Lucia Business Partners relies on word of mouth referrals, so we can't afford to miss an opportunity to have each of our clients raving about getting excellent value for money from our services!
On the main page, you can click one of the buttons to request a quote or book a free consultation so we can tailor a quote that provides value for your business.
* Typical fees quoted above assume that the virtual CAIO will collaborate with your head of ICT, but is not responsible for ICT governance functions normally managed by a CIO such as: project management, ICT deployment Lifecyle, data governance, provisioning of ICT environments, user access management, compliance with laws such as privacy etc. Lucia Business Partners is able to offer these services as part of a Virtual CAIO package, but the total monthly retainer may exceed the figures mentioned in this section. Feel free to click on the button above and describe all the responsibilities your business needs help with.