Total Cost of Ownership (TCO) represents the costs involved with purchasing and maintaining a piece of hardware. This is a significant investment, and it costs businesses thousands of dollars annually. From the cost of the hardware itself to the salaries of the specialized workers who must maintain these pieces of machinery, dollars add up quickly, and businesses find themselves with a more expensive investment than first thought.
TCO is an important cost for companies, and many look for ways on how to reduce it. If the maintenance required on machinery is sacrificed, companies risk losing invaluable data that cannot be replaced, and that can be detrimental, if not fatal, to business. If companies invest in less expensive hardware up front, they can end up paying more over the lifetime of the machinery in maintenance and repair fees.
With such a vital part of business, many companies are now looking to data centers as one way of reducing their TCO. While some companies fear being out of touch of their data to save costs, choosing a data center close to you can still give you access to the data you need to run your business. For example, if your business is in San Francisco, choose a San Francisco data center. By choosing SF data centers, or wherever your location may be, the business will still have access to data, while at the same time lowering TCO.
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