TOTAL COST OF OWNERSHIP (TCO) OF TECHNOLOGY ASSETS
In Benchmarking your firm’s expenditures on IT Infrastructure with that of
your competitors, you will need to consider a wide range of Costs:
The actual Cost of owning Technology resources includes the Original Cost of acquiring and installing Hardware and Software
Ongoing Administration costs for Hardware and Software upgrades, maintenance, downtime, technical support, and training,
Utility and real estate costs for housing and providing power for the technology.
The Total Cost of Ownership (TCO) model can be used to analyze these
direct and indirect costs to help firms determine the Actual cost of specific
technology implementations.