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TCO calculations include a combination of direct costs (hardware, software, operations and administration) and indirect costs (end-user operations and downtime).
TCO is often overlooked, and unbudgeted, presenting an inaccurate IT spending analysis.
Tight budgets and limited expertise often keep small organizations from making effective IT decisions.
However, understanding hidden technology costs can actually help you reduce unnecessary expenditures and reallocate resources to more important business functions.
The easiest time to tackle this work is during a larger remodeling project, such as redoing a kitchen or building an addition, when contractors are knocking holes in the walls anyway.
“Aluminum wiring connections often loosen up over time,” says Greg Fletcher, a master electrician, educator, and author of several books on wiring.