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Understanding the TCO of Storage Products

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CIOL Bureau
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This paper is intended to help managers understand the total cost of ownership (TCO)
of storage products. It:

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  • 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.

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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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