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Total Cost of Ownership (TCO)

Total Cost of Ownership (TCO) is an approach to calculate all of the costs incurred over the life cycle of IT equipment, including purchase, installation, maintenance and retirement.

Total Cost of Ownership (TCO) is an approach developed by Gartner in 1987 to calculate all of the costs incurred over the life cycle of IT equipment, including purchase, installation, maintenance and retirement.


Tagetik CPM ensures low TCO: Tagetik unifies all CPM and Financial Governance processes eliminating the cost of purchasing a variety of separate products.
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Tagetik CPM is the first completely financial closed-loop, double entry CPM solution, that unifies in a single product all Corporate Performance Management processes and Financial Governance processes for data consistency and reliability.
The only solution with Built-in processes and advanced functionalities able to comply with the most complex regulatory requirements, helping companies automate processes, and obtain the necessary transparency and data accuracy for compliance.

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