What is Total Cost of Ownership: How to Calculate TCO and How It Applies to SaaS
What Does TCO Stand For?
The Total Cost of Ownership meaning can be something different depending on what you are referencing. For example, Gartner defines TCO in relation to IT as, "a comprehensive assessment of information technology (IT) or other costs across enterprise boundaries over time. For IT, TCO includes hardware and software acquisition, management and support, communications, end-user expenses and the opportunity cost of downtime, training and other productivity losses."