Differences between version 2 and previous revision of TCO.
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Newer page: | version 2 | Last edited on Thursday, July 7, 2005 2:11:01 pm | by DanielLawson | Revert |
Older page: | version 1 | Last edited on Tuesday, May 25, 2004 8:08:31 pm | by JohnMcPherson | Revert |
@@ -1,5 +1,3 @@
An [Acronym] for __T__otal __C__ost of __O__wnership.
-For computer stuff, includes purchase price as well as support costs/training costs/deprecation over
the item's lifetime
.
-
-Often used and abused by marketing departments when giving skewed data/
costs -- eg see CompetitiveComparisons
.
+A term used to describe
the overall cost of a particular
item, including all facets of using it
. For example, administration, maintenance, licensing
costs, updates and end
-user training, as well as initial capital outlay
.