This paper is intended to help managers understand the total cost of ownership (TCO)
of storage products. It:
- Identifies the elements of a product that contribute to lowering the TCO
- Describes TCO-lowering capabilities of HP StorageWorks Enterprise Virtual
Array (EVA) storage products - Introduces the HP ITCentrix TCO/ROI model
- Presents sample TCO analysis that readers can use as a guide
When it comes to business value, the lowest acquisition price does not always
represent the best value. This is particularly true with storage products where
the cost of operating the storage product over time can greatly add to the cost
of the storage. From a cost standpoint, what is important is the TCO of the
storage product, not the acquisition price.
TCO consists of a number of value components. Certainly a low acquisition
price is important, but it is just one component in the overall TCO. Other
components include the labor involved in deploying the product and maintaining
it over time; the cost of integrating it with other systems; and its
flexibility, reliability, availability, and performance.
Studies by leading industry analysts regularly suggest that the ongoing labor
alone involved in maintaining a storage product can cost many times the
acquisition price depending on the attributes and characteristics of the product
being purchased. Therefore, it pays for managers to evaluate technology products
in terms of those features, capabilities, and attributes that enable the
organization to lower the TCO.
Source: searchstorage
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