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TCO TCO stands for "Total Cost of Ownership." It includes the cost of hardware/software, training and lost work time required to learn new tools, annual expenses for support, and upgrades. The general rule of thumb is that for every 30 cents you spend on hardware and software, you will likely spend another 70 cents in training, support and upgrades. That is, for every dollar you spend on hardware and software, you should budget 2.3 times that amount for the technology's ongoing cost. Source: Npower: Budgeting for Technology Summit Collaborative has adapted a TCO Type Matrix for nonprofit organizations that will help you better understand the concept and apply to your technology planning effort. Resources Taking TCO to the Classroom by Consortium for School Networking What's Your School's TCO Type? Reflections What is your organization's TCO type? Does it need to change?
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