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Total Cost of Ownership (TCO)

The Total Cost of Ownership (TCO) is a financial estimate whose purpose is to help consumers and enterprise managers determine direct and indirect costs of a product or system.

 

In essence, TCO gives you a good indication of how much your product or system is going to cost.  At SaneChoice, our aim is to help you reduce your TCO by using our products and services.

What makes up the TCO? 

When you choose to purchase a product or system, the costs are not just at the time of purchase.  The list below highlights the other costly factors in owning rather than hiring. 
  • Computer hardware and programs
  • Network hardware and software
  • Server hardware and software
  • Workstation hardware and software
  • Installation and integration of hardware and software
  • Purchasing research
  • Warranties and licenses
  • License tracking - compliance
  • Migration expenses
  • Risks: susceptibility to vulnerabilities, availability of upgrades, patches and future licensing policies, etc.
  • Infrastructure (floor space)
  • Electricity (for related equipment, cooling, backup power)
  • Testing costs
  • Downtime, outage and failure expenses
  • Diminished performance (i.e. users having to wait, diminished money-making ability)
  • Security (including breaches, loss of reputation, recovery and prevention)
  • Backup and recovery process
  • Technology training
  • Audit (internal and external)
  • Insurance
  • Information technology personnel
  • Corporate management time
  • Replacement
  • Future upgrade or scalability expenses
  • Decommissioning

Reducing your costs

By using services supplied by SaneChoice you will be greatly reducing your TCO.  We take your TCO burdens away, leaving you more time and money to focus on your business.

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