The IT Manager’s Guide to Understanding True Cost of Ownership
“The IT Manager’s Guide to Understanding True Cost of Ownership” discusses the hidden costs and best practices for calculating the Total Cost of Ownership (TCO). This guide shows you the steps to take and handy checklists to use to ensure you uncover all fees and expenses related to implementing and using a Disaster Recovery and Business Continuity solution.
Hidden Costs and Best Practices
When considering new technology solutions, especially those critical to the business such as disaster recovery and business continuity offerings, CIOs and IT Managers need to take into account more than just the features list and understand the total cost of owning and maintaining the solution.
The parlance in the industry for this cost analysis is referred to as the Total Cost of Ownership, which takes into consideration more than the initial invoice for the product and identifies areas where additional fees and charges may apply. This is important from a budgeting perspective and an overall cost/benefit analysis.
Read more in the full whitepaper.