Home > Term: total cost of ownership (TCO)
total cost of ownership (TCO)
A methodology for calculating the actual cost of owning a product over the period of ownership and use based on combining costs of acquisition or leasing, training, deployment, support, residual equipment values, return on investment, time to market, and so forth.
- Part of Speech: noun
- Industry/Domain: Software
- Category: Globalization software service
- Company: IBM
0
Creator
- PWH617
- 100% positive feedback