total cost of ownership (TCO)
Gartner defines total cost of ownership (TCO) 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.
SummaryArticle NameTotal Cost of Ownership (TCO)Gartner, Inc.Gartner, Inc.DescriptionTCO is a comprehensive assessment of information technology (IT) or other costs across enterprise boundaries over time.
- Part of Speech: noun
- Industry/Domain: Technology
- Category: Information technology
- Company: Gartner
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