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Virtual CPTO

The product and technology office you cannot hire.

Alheimur Carimum takes on the mandate of a Chief Product and Technology Officer as a service. Two named principals, a delivery pod behind them, and accountability that does not end at the recommendation.

Product half

What gets built What gets killed What it earns What the market will bear

Technology half

How it gets built What it runs on What breaks first What the debt really costs

One mandate  ·  one accountable office

Before you read further

Best fit
Companies at $15M to $200M, and PE portfolio companies
Typical trigger
A decision that cannot stay unowned
First step
A fixed-fee diagnostic, two to three weeks
First outcome
A decision you can put to a board
Who you work with
A named principal, not an account manager
  • $990M Revenue of the retailer whose D2C operating system our founder built, in a prior executive role, through to IPO
  • 9 Systems delivered under Alheimur Carimum, across enterprise, commerce and applied AI
  • 2 Named principals accountable, one for product, one for technology
  • 17 Years of product and platform leadership behind the practice, across four regions

Why we exist

Most transformation spend never reaches the outcome

Three failures account for most of it. Each one is a decision that nobody had the authority to make.

Where the decisions fall
Board and CEO CPTOseat unfilled
Product decisions fall here Engineering

Software ships. Adoption does not.

Platforms get bought before the workflow underneath is designed. The system goes live and the operation keeps running on spreadsheets.

Roadmaps built on opinion.

Prioritisation without evidence turns into rework. The expensive discovery happens after the build rather than before it.

AI pilots that never leave the demo.

No data readiness, no guardrails, no owner, no unit economics. The proof of concept impresses the board and then quietly expires.

A CPTO sits at the seam of strategy, evidence and engineering, and most companies cannot hire one. So the function goes unowned. This is the mandate we take on.

The mandate

A CPTO office, without the CPTO hire

Four decisions a Chief Product and Technology Officer owns.

Four decisions, in the order they get made
01Why

Market & Customer Evidence

Is there demand worth building for?

If this call is wrongA quarter of engineering spent on demand that was never there.

02What

Product & Portfolio

Which bet, and at what price?

If this call is wrongFeatures that add cost to serve and nothing to renewal.

03How

Technology & Architecture

Build it, buy it, or integrate it?

If this call is wrongA platform that cannot carry the next release, found out late.

04On what

Data & AI

What does it run on, and can we trust it?

If this call is wrongA pilot that impresses the board and never reaches production.

Plus the calls that rarely make a slide: build versus buy, cost of technology, delivery governance, security posture, board reporting. When companies actually pick up the phone.

When companies call us

Five situations that bring a CPTO question to the surface

Pick the one that sounds like your week. The figures shown are an illustrative pattern, not client data.

Items on the roadmap40competing for the same quarter
Agreed priorities0among the leadership team
Movement in revenueNonedespite shipping every sprint
  • Shipping constantly. Revenue flat.
  • Forty roadmap items. No agreement.
  • Losing to a worse product.
  • Pricing untouched for years.
What we do

Cut the portfolio to what earns. Prove it before you build.

None of these is solved by a recommendation alone. See what has already shipped.

Selected work

Nine systems, already in production

Three portfolios, built for operators rather than demonstrated in a lab. Every system below was delivered under Alheimur Carimum. The platform track record in the leadership section is separate, and comes from the principals’ prior executive roles.

Enterprise platforms 3

  • ERP platformsFinance, procurement and operations in one system of record.
  • Inventory managementStock, asset and procurement tracking for a solar energy business.
  • Space allocationReal-time room and desk allocation for co-working operators.

Commerce & connected 2

  • B2B marketplaceCatalogue, pricing, orders and settlement for multi-party trade.
  • IoT platform harmonisationFragmented device estates unified, with the monetisation framework built in.

Applied AI 4

  • Conversational AIAssistants grounded in your own data, with evaluation and guardrails.
  • Adaptive AI systemsSystems that read live signals and adjust their own behaviour.
  • Agentic AI systemsMulti-step agents with tool access and human escalation.
  • Legacy AI modernisationAI layered onto systems that cannot be replaced.

Every build feeds a reusable accelerator library, which is why the next system costs less to deliver than the last. Two people are accountable for all of it.

Leadership

The two halves of a CPTO

One owns the product and commercial half, the other technology and systems. Between them, the full mandate.

Sreeram Gopal

Founder · Business & product strategy

The business thinking behind the build.

Remit

  • Commercial model and business strategy
  • Product strategy, direction and prioritisation
  • Market insight and client outcomes

Background

  • D2C operating system for a $990M revenue retailer, through to IPO
  • Edtech platform scaled to $80M ARR, now a $150M business
  • First early-bird enterprise platform across SEA and MEA
  • Seventeen years across MEA, SEA and Europe
LinkedIn profile

Jatin Sutaria

Chief Technology Officer · Technology & systems

The systems that make it real.

Remit

  • Systems and platform architecture
  • Engineering delivery and integration
  • Technical assurance and sign-off

Background

  • Formerly IBM, GoldenSource and Saba (GE)
  • Enterprise data and platform engineering at scale
  • Stints across Europe, Singapore and India
LinkedIn profile

Two principals cannot ship nine systems alone. Here is how the work actually gets delivered.

How we deliver

Small senior teams, multiplied by AI

A pod, not a bench: senior practitioners plus an AI delivery layer, producing the output of eight to ten.

How three people ship like ten

The pod

3Accountable principals, plus specialist capacity as the work requires

Multiplied by

  • Legacy inventory and migration analysis
  • Code, test and documentation generation
  • Data mapping and regression sweeps
  • Research synthesis and spec drafting

Output equivalent to

8–10What a conventional team would need

You buy the deliverable, not the day

Fixed and outcome-based pricing throughout. When AI makes us faster, the saving is yours. A day-rate model would hand it to us instead.

Each engagement starts further along

Nine systems are already codified as accelerators. We assemble from proven components before we write anything new.

A human signs off on everything

AI-assisted delivery is disclosed in the contract. Review, accountability and warranty stay with named people, and your data is never used to train models.

Because delivery cost no longer tracks team size, we can price the outcome. The engagement models are built on that.

Engagement

Four ways to engage

Commitment rises with proof. Every tier is priced on what you receive, never on hours booked.

Commitment rises only as proof does
Diagnostic2–3 weeks
Fixed-Scope Buildper module
Virtual CPTOmonthly
Build–Operate–Sharefee + share
Lowest risk to test usDeepest partnership

AI-Accelerated Diagnostic

2 to 3 weeks · fixed fee

An automated inventory of your code, data and process estate, read by senior architects. Opportunity map, target architecture, costed roadmap.

OutcomeA decision you can fund.

Fixed-Scope Build

Per module · milestone-based

A named system delivered against a frozen spec. Price is set on the deliverable, so our speed becomes your saving, not our margin.

OutcomeA system in production.

Virtual CPTO

Monthly retainer · standing mandate

A standing product and technology office: strategy and roadmap owned, decisions made, with a delivery pod attached to the advice.

OutcomeThe function, without the hire.

Build-Operate-Share

Reduced fee + revenue share

For platforms that monetise: marketplaces, IoT estates, allocation engines. We take less upfront and share the value created.

OutcomeLower outlay, aligned incentives.

Most relationships begin at tier one, because it is the cheapest way to find out whether the rest is worth doing. Common questions before a first call.

Questions

What a virtual CPTO is, and is not

What is a virtual CPTO?

A virtual CPTO is a Chief Product and Technology Officer engaged as a service rather than as an employee. The role carries the same mandate as the full-time position: deciding what gets built, how it gets built, on what evidence, and on what data and AI foundation. It also covers build versus buy calls, cost of technology, delivery governance, security posture and board reporting.

How is this different from a fractional CTO?

A fractional CTO covers technology alone. A virtual CPTO covers product and technology together, which matters because the most costly mistakes happen at the seam between them: a roadmap the architecture cannot support, or a platform built for demand that was never validated. We split the role across two named principals, one owning product and commercial, the other technology and systems.

When should we use a virtual CPTO instead of hiring one?

When you need the function but cannot justify or attract the full-time hire. The typical cases are companies between fifteen and two hundred million in revenue, private equity portfolio companies needing a product and technology turnaround, founders still acting as their own CPTO, and companies in the gap between two permanent hires.

How much does a virtual CPTO cost?

Engagements are priced on the deliverable or as a monthly retainer, never on hours booked. A full-time CPTO costs roughly two hundred to three hundred thousand pounds a year in the United Kingdom, or one to three crore in India, fully loaded. A virtual CPTO retainer is priced as a visible fraction of that. Most relationships begin with a fixed-fee diagnostic of two to three weeks.

Do you use AI to deliver the work?

Yes, and it is disclosed in every contract. An AI delivery layer handles legacy inventory, data mapping, migration analysis, code and test generation, research synthesis and regression sweeps. Named humans review everything and carry the warranty. Client data is never used to train models. Because pricing is fixed and AI makes delivery faster, the efficiency accrues to you rather than to us.

How quickly can an engagement start?

A diagnostic can usually begin within two weeks of the first conversation. Larger builds and retainers depend on current pod capacity, which is deliberately limited because the practice runs small senior teams rather than a bench.

Can you support technology due diligence for an investment or exit?

Yes. That work usually takes one of two shapes: preparing a company so its technology survives a buyer's scrutiny, or reviewing a target on behalf of an investor. Either way the output is the same, an honest picture of the architecture, the delivery capability, the concentration risks and the cost to remediate, written so a board and a buyer can both act on it.

Our CTO has left. Can you cover the gap?

This is one of the more common reasons we are called. A virtual CPTO can hold the mandate while a permanent search runs, which keeps decisions moving and stops the team stalling. It also tends to improve the eventual hire, because the role gets defined against what the company actually needs rather than what the last person happened to do.

Which regions do you work in?

The practice is based in Bengaluru and works across North America, the United Kingdom, Europe, India, the Middle East and Africa, and South East Asia. Engagements run remotely by default, with onsite time at the points that need it.

What have you actually built?

Nine systems across three portfolios: ERP platforms, inventory management and space allocation; B2B marketplaces and IoT platform harmonisation; and applied AI covering conversational AI, adaptive systems, agentic systems and legacy modernisation.

Get in touch

Start with the smallest engagement that answers your biggest question

A fixed-fee diagnostic takes two to three weeks and ends with a decision you can put in front of a board.

Tell us what you are trying to decide

The more specific the question, the more useful the first call.

We reply to every enquiry from a named person, not an auto-responder. What you send is used only to answer it. See our privacy notice.

WhatsAppMessage us directly Fastest route during India and Gulf hours EmailSreeram.gopal@alheimur.com Replies within one business day Book a callThirty minutes, no deck Pick a slot that works in your timezone LinkedInSreeram Gopal, Founder Jatin Sutaria, CTO, is linked from the People section
What happens next

A named principal replies within one business day. The first call is thirty minutes, costs nothing, and ends either with a scoped diagnostic or an honest answer that we are not the right fit.