Total cost of ownership (TCO) is an important consideration when designing a best-fit backup architecture. Comparative analysis of TCO can help you decide whether to move forward with a design or go back to the drawing board. A careful TCO analysis can also help you justify your proposed project to secure funding.
Depending on your upgrade project, there are two types of TCO comparisons you might want to consider:
- TCO of the existing infrastructure vs. TCO of the proposed project.
- TCO of multiple proposed projects.
This tool offers an example tab for each section that provides a real-world TCO calculation; use the example to help you understand how to calculate TCO for your organization. You can choose to view an example first, or you can start doing your own calculations right away.