EBK ESSENTIALS OF MIS
12th Edition
ISBN: 8220101459305
Author: LAUDON
Publisher: PEARSON
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Chapter 5, Problem 18MLM
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Total Cost of Ownership (TCO):
TCO is defined as the estimated original cost of owning particular technology.
- It is performed to analyze the IT infrastructure.
- It is used for predicting the cost of specific technology implementations.
- The management includes the components like hardware, software, maintenance, downtime, training, installing, supporting, acquisition and many such.
- The TCO analysis is used for improving the efficiency and productivity of the management.
Components of total cost of components:
- Hardware cost
- It includes the total cost of purchasing different types of hardware like monitor.
- Software cost
- It includes the cost of purchasing the software license for users...
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