what's the best solution for you?
Short of the government, technology is probably the biggest abuser of acronyms and "TCO" is the flavor of month. TCO, or Total Cost of Ownership, is commonly used by decision makers in an attempt to compare options by quantifying the costs and benefits of each choice. Cloud computing providers, like ProCirrus, tout TCO since our solutions result in lower costs, particularly around hardware expenditure. However, since each business places different values on different things, TCO is very subjective.
For example, what is better for lunch: A juicy cheeseburger or a dry salad? See TCO Example
how to apply "tco" to your i.t. decision
To see if the ProCirrus Solution makes sense for your firm, the first step is to determine what you want your IT to accomplish and identify the most important categories you wish to evaluate. For most companies, particularly in today's economy, cost is the most determinant factor. Ironically, most firms are unable to actually calculate their average monthly IT expenditures due the inherent inconsistencies of local networks.
When we polled our clients, there were six common categories that they valued. It may help your decision-making to assign your firm's value-weighting to each of these categories as you determine your "TCO".
|1 to 5||Category||Explanation|
|Average Monthly Costs||Getting a clear understanding of your current IT costs is critical to your decision. ProCirrus charges on a consistent subscription basis where as the internal network varies widely on their costs.
How to estimate your current costs.
|Simplicity and Support||How important is having your users supported? Determining which option provides the most cost effective and comprehensive support is an important part of your decision.
How support works...
|Secure Remote Access||Does your company need or rely on secure mobile access to system resources. If so, what quality of connection do your users require?
How access works...
|Regulators & Security||How sensitive is your company to regulators or risks associated to loss or exposure of data?
Why security matters...
|Unexpected Costs/Risks||What happens when your system fails? How long can you be down? How much will it cost to get going again?
|Specific Features||Most people look at technology as a necessary evil instead of the powerful tool it can become. Are there things you would like your technology to do that it doesn't do today?