ALSO CALLED: IT TCO, Cost of Ownership, Cost Savings Calculators, Total Cost of Ownership, Cost Calculators, and TCO Calculators DEFINITION: TCO (total cost of ownership) is a type of calculation designed to help consumers and enterprise managers assess both direct and indirect costs and benefits related to the purchase of any IT component. The intention is to arrive at a final figure that will reflect the effective
… Definition continues below.
SOFTWARE DEMO:
Simplifying storage management can streamline administrative costs and lower the TCO of storage. Learn about the benefits and solutions associated with storage virtualization to determine if leveraging this technology is a good fit for your organization.
SOFTWARE DEMO:
Cisco's Smart Business Assessment Tool is designed to help prioritize the key business challenges and show how integrated technology solutions can solve the immediate needs while providing with a roadmap that can continue to evolve the business.
TCO DEFINITION (continued): … cost of purchase, all things considered. When you decide to buy a computer you may go through a TCO analysis: for example, the greater cost price of a high-end computer might be one consideration, but one that would have to be balanced by adding likely repair costs and earlier replacement to the purchase cost of the bargain brand.
TCO analysis originated with the Gartner Group several years ago and has since been developed in a number of different methodologies and software tools. TCO analysis … TCO definition sponsored by SearchDataCenter.com, powered by WhatIs.com an online computer dictionary
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