Understanding your computing Total Cost of Ownership is a key for implementing your strategic plan and for evaluating actions you can take to provide better service for less.
A Holistic Approach for Addressing Costs and Budget Cuts
Total Cost of Ownership (TCO) is a methodology to measure and understand all of the costs of acquiring and maintaining networks of computers, including, purchasing, staff support and user-related costs. A TCO assessment will help you determine and articulate in quantifiable terms the effects of proposed budget cuts—or of different kinds of changes that could result in efficiencies.
Reduce Operating Costs
a TCO assessment can be used to evaluate efficiencies within technology operations. Understanding all of the significant costs for maintaining the networked computing environment is the starting point to pull these costs into line. Using the CoSN–Gartner TCO tool and analyzing each output line will help you to think through potential options for weeding out costs and working more efficiently.