TOTAL COST OF OWNERSHIP Definition

Bookmark and Share

TOTAL COST OF OWNERSHIP (TCO) 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 software, hardware and software upgrades, maintenance, technical support, and training. Most estimates place the TCO at about 3 to 4 times the actual purchase cost of the PC.

Learn new Accounting Terms

BONUS is remuneration over and above regular salary.

SUNDRY SHAREHOLDERS are a group of miscellaneous shareholders.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.