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.
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References in periodicals archive ?
A statement from Doosan said total cost of ownership is one of the most important aspects that buyers take into account when they purchase equipment and the award won again by the DX300LC-5 shows why the company's equipment is always rated highly for performance and value-for-money.
We've found that the initial adopters are the purchasing managers of larger fleets who are very sensitive to total cost of ownership compared those who are focused only on acquisition price.
Robert Fairman, Head of Manufacturing & Retail at Atos, said: "The solution enables Systagenix to be a firm of the future, empowering the business to exploit the lower cost of ownership around SAP's expanding cloud solutions while leading the way with deployment of SAP HANA, the foundation for SAP BusinessObjects BI OnDemand offerings.
The SMB, corporate and government sector customers will realise even further the importance of total cost of ownership, which includes running costs, manageability, integration, maintenance and more.
"Our Managed WAN service is an ideal solution for companies looking to reduce their total cost of ownership by outsourcing to an external service provider who will manage their complex network infrastructure," said Abdulla Hashim, VP, Business Solutions, Etisalat.
It also lowers overall total cost of ownership. Through NEC's service and warranty processes, the company has recycled 33 million pounds of IT products.
As a result, users can achieve a 30% reduction in total cost of ownership compared to conventional service platforms.
The system improves performance, lowers total cost of ownership, reduces power consumption up to 50 percent, and improves Mean Time Between Repair (MTBR).
The Sensor Total Cost of Ownership white paper, seven pages in length, enables engineers and technicians to evaluate the full cost of a sensor selection over the sensor's lifetime.
The 8000 Series pallet trucks are built to take a pounding and reduce cost of ownership for warehouses and distribution centers.
This can be illustrated by examining common archive objectives that are tightly linked to storage media attributes, including record authenticity, record destruction, and TCO (Total Cost of Ownership).