Total Cost of Ownership

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Total Cost of Ownership

The all-in cost for purchasing and maintaining an asset. For example, the total cost of ownership of a house is not simply the purchase price, but also includes the cost of taxes, utility bills, perhaps the cost of replacing or repairing parts of the structure, and any other relevant costs incurred during the time one owns the house.
References in periodicals archive ?
UDO libraries are definitely a compelling option from a cost of ownership basis," said Brian Garrett of ESG.
Total cost of ownership is a good measure to confirm that you are within budget but alone is not enough to receive management buy-in because the calculations do not include benefits.
Media removability and backward-compatibility dramatically reduce the need for frequent data migration, helping optical storage achieve an exceptionally low Total Cost of Ownership, as low as one-tenth the cost of competing technology solutions.
The Input report on "Database Storage Solutions" concluded with a Total Cost of Ownership calculation, taking account of: