Total cost of ownership (TCO)
date
Mar 25, 2021
slug
total-cost-of-ownership-tco
status
Published
tags
leadership
operation
summary
Key to evaluation is alignment of a technology with architecture principles, aiming to determines the balancing of ecosystem. Total cost of Ownership (TCO) has been a calculation intended to help buyer and determine the direct and indirect cost.
type
Post
What is the Total cost of Ownership?
The total cost of ownership (TCO) is the purchase price of an asset plus the costs of operation. Assessing the total cost of ownership represents taking a bigger picture look at what the product is and what its value is over time.
From the strategy perspective. Additional consideration included:
- Skills
- Usable time: adoption and deprecation choice will consider the supportive and operation risk of investment from current and future. We should proactive here.