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Accounting > Total Cost of Ownership (TCO)

The following information is about Total Cost of Ownership (TCO).

Total Cost of Ownership (TCO) Defined

is a model developed by Gartner Group to analyze the direct and indirect costs of owning and using hardware and software. Managers of enterprise systems use various versions of TCO to lower costs while increasing the benefits of information technology deployments. The TCO includes: original cost of the computer and softwarehardware and software upgradesmaintenancetechnical supportand training. Most estimates place the TCO at about 3 to 4 times the actual purchase cost of the PC.

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