TCO

CALCULATE
YOUR TCO
& SAVINGS

Mobirise

TCO

To fully understand what you are paying for, you need to evaluate your real hard calculated Total Cost of Ownership (TCO), which is an estimation of all the collective expenses associated with purchasing and operating your systems. The TCO will provide you a way to compare pieces of software systems usage “apples to apples.”

I = INITIAL LAUNCH & STARTUP COSTS

The initial cost is the number that appears on the price tag.
This is less than 10 percent of the Total Cost of Ownership (TCO).

Typical Startup Software Costs:
Hardware: Includes servers, networking components, cabinets, etc.
Software Platform: Includes databases, operating systems, etc.
Software Development: This will include discovery, design, and project management of your software
Implementation and Training: Time and resources spent rolling out the new software to your users.
Data Migration: Moving your existing data out of your current solution and into the new software.
Documentation and Training: This includes writing documentation and initial training of your users.

Our initial costs and on-going pay-as-you-use API costs are very affordably on the low side. Even if your company is quite large.

O = OPERATIONAL COSTS

Operational costs is the cost to install the software system(s), test, train employees to run the system, and the cost of energy to operate.

Typical Software Ongoing Costs:
Maintenance (Updates): You will need to ensure that both hardware and software components remain current.
Upgrades: This may include new features and functionality, adding in new integrations, and complete upgrades to components of your software.
Ongoing Training: New employees and feature upgrades require ongoing training.
Licensing (hardware, software, plugins, etc.): Hardware and software packages often come with annual licenses that provide access to updates and support.
Security: In today’s world, cybersecurity is paramount, and keeping your software updated and patched for security is vital.

If the system is complicated to use, the cost of training will increase.

You pay $0 for this to us.

M = MAINTENANCE COSTS

Maintenance costs includes the cost of regular upkeep such as data cleaning, inspecting, and adjusting to make sure it is in optimal condition.

This also includes reactive maintenance when the system breaks down unexpectedly.

You pay $0 for this to us.

D = DOWNTIME COSTS

While you could include downtime costs along with the cost of maintenance, it is often so large that it warrants its own category.

Downtime involves the labor costs of employees whose work is delayed, indirect labor costs from supervisors who address the issue, lost production, and lost customers from inability to meet time expectations.

You pay $0 for this to us.

SLA & Uptime Stats

P = PRODUCTION COSTS

Includes costs to conceptualize, create, test, deploy and maintain a system.

Two different systems will likely have different levels of output, produce different qualities, and have different resulting implications.

You pay $0 for this to us.

R = REMAINING VALUE
or
How much will the system be worth in 1, 3, 5 or 10 years?

The remaining value has to do with the system’s longevity.
What might a similar system cost over a time period (i.e. one year).

It can be a big difference to your bottom line.

Your overall savings and ability to capitalize for this has only an upside.

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