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Total cost of ownership (TCO) is a financial estimate designed to help consumers and enterprise managers assess direct and indirect costs commonly related to software or hardware. It is a form of full cost accounting. Computer software (or simply software) refers to one or more computer programs and data held in the storage of a computer for some purpose. ...
For other uses, see Hardware (disambiguation). ...
Full cost accounting (FCA) generally refers to the process of collecting and presenting information (costs as well as advantages) for each proposed alternative when a decision is necessary. ...
Overview TCO analysis originated with the Gartner Group in 1987 [citation needed] and has since been developed in a number of different methodologies and software tools. A TCO assessment ideally offers a final statement reflecting not only the cost of purchase but all aspects in the further use and maintenance of the equipment, device, or system considered. This includes the costs of training support personnel and the users of the system, costs associated with failure or outage (planned and unplanned), diminished performance incidents (i.e. if users are kept waiting), costs of security breaches (in loss of reputation and recovery costs), costs of disaster preparedness and recovery, floor space, electricity, development expenses, testing infrastructure and expenses, quality assurance, boot image control, marginal incremental growth, decommissioning, e-waste handling, and more. Gartner, Inc. ...
Methodology is defined as the analysis of the // == Headline text == principles of methods, rules, and postulates employed by a discipline or the development of methods, to be applied within a discipline a particular procedure or set of procedures. [1]. It should be noted that methodology is frequently used when method...
Emergency operations or Emergency preparedness is a set of doctrines to prepare civil society to cope with natural or man-made disasters. ...
This article is about business continuity planning. ...
The introduction to this article provides insufficient context for those unfamiliar with the subject matter. ...
A boot image control strategy is a common way to reduce total cost of operations in organizations with large numbers of similar computers being used by users with common needs, e. ...
A reserve fleet or (less formally) mothball fleet is a collection of naval vessels that are fully equipped for fighting but are not currently needed. ...
Abandoned monitor Electronic waste or e-waste is any broken or unwanted electrical or electronic appliance. ...
Therefore TCO is sometimes referred to as total cost of operation. When incorporated in any financial benefit analysis (e.g., ROI, IRR, EVA, ROIT, RJE) TCO provides a cost basis for determining the economic value of that investment. In finance, the return on investment (ROI) or just return is a calculation used to determine whether a proposed investment is wise, and how well it will repay the investor. ...
The internal rate of return (IRR) is a capital budgeting method used by firms to decide whether they should make long-term investments. ...
Economic Value Added (EVA) is an estimate of true economic profit after making corrective adjustments to GAAP accounting, including deducting the opportunity cost of equity capital. ...
The TCO concept is widely used in the automobile industry. In this context, the TCO denotes the cost of owning a vehicle from the purchase, through its maintenance, and finally its sale as a used car. Comparative TCO studies between various models help consumers choose a car to fit their needs and budget. “Car†and “Cars†redirect here. ...
TCO can and often does vary dramatically against TCA (total cost of acquisition), although TCO is far more relevant in determining the viability of any capital investment, especially with modern credit markets and financing. TCO also directly relates to a business's total costs across all projects and processes and, thus, its profitability. // Definition Investment or investing is a term with several closely-related meanings in finance and economics. ...
The bond market refers to people and entities involved in buying and selling of bonds and the quantity and prices of those transactions over time. ...
Finance addresses the ways in which individuals, business entities and other organizations allocate and use monetary resources over time. ...
Profitability is a technical analysis term used to compare performances of different trading systems or different investments within one system. ...
Total cost of ownership in software Since software is not "owned" but licensed, it has been argued that the "total cost of ownership" is a misnomer. Technically, the initial "total cost of ownership" for a software product will be the total cost of acquisition for that product. This article does not cite any references or sources. ...
See also It has been suggested that Activity-based management be merged into this article or section. ...
It has been suggested that this article or section be merged into Total cost of ownership. ...
References TCO - Temporary Certificate of Occupancy. See also CO or Certificate of Occupancy
External links TCO - Temporary Certificate of Occupancy. See also CO or Certificate of Occupancy. |
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