Calculating the real cost of technology

With the world in the depths of a global recession, buy-side firms are putting their IT budgets under the closest scrutiny. At the same time, technology's drive forward cannot be held back indefinitely, so cost-cutting must be as precise as possible. When attempting to strike this balance, one of the things we often discuss with our clients is the concept of total cost of ownership or TCO. TCO is the total cost in money, time and resources for owning and using software, over its entire useful li