Opinion: Total cost of ownership is back on the corporate agenda

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Market research firm Datamonitor recent predicted that a majority of UK businesses are planning to trim their IT budgets in 2009. Anwen Robinson discusses the implications and argues that total cost of ownership (TCO) calculations provide a clearer guide to long-term IT management.

Total cost of ownership (TCO) became a popular IT management acronym during the early 1990s recession, and the 21st century credit crunch is giving it a new lease of life as organisations re-evaluate their IT spending patterns.

Research company Datamonitor reports that 52% of buinesses plan on cutting or freezing their IT budgets next year. Buying decisions will be more rigorously debated and the need to achieve value for money wi...

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