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Total Cost of Ownership

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.


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Tagetik is a global provider of the new generation of Corporate Performance Management (CPM) solutions. With over 10 years of experience, Tagetik has embedded the knowledge and best practices of its customers into Tagetik CPM.

Tagetik CPM is an innovative single CPM solution that unifies in a single product all core CPM processes (budgeting, planning & forecasting, profitability modeling & optimization, dashboard & scorecarding, financial consolidation, statutory & management reporting), extended CPM processes (Ex.: credit reporting & analysis, ICT performance management, governance risk compliance) and vertical CPM processes (Ex.: regulatory accounting, cash flow management by project and mandatory reporting).

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