The term TCO stands for:
Total cost of ownership
Total cost of ownership Includes all direct (e.g., hardware and software procurement, development and maintenance costs) and indirect (e.g., downtime costs, transaction costs) costs associated with owning a resource (e.g., hardware and software systems). The ownership lifecycle ranges from procurement through operation to maintenance and further development (e.g., due to regulatory requirements) and directly affects the cost burden of a company (CIR). Besides establishing an overall view on these
196 S–V costs, the goal is to reduce TCO (e.g., via the use of !open source solutions) and to
make fixed costs variable (e.g., via !outsourcing and services).
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