Breaking Down The Complexities of Total Cost of Ownership
July 8, 2022
Want to make informed, data-based decisions that your stakeholders will understand and appreciate? With total cost of ownership (TCO), your organization can guide confident, results-focused facility improvement. Total Cost of Ownership (TCO) is a strategic asset maintenance practice that considers the holistic costs of designing, building, operating, maintaining, and renewing physical assets. A TCO model helps facility managers and owners make informed, predictive, and defensible building life cycle investment decisions based on multiple types of integrated datasets. Understanding the TCO model doesn’t have to be as complex as it seems.
Read the entire thought leadership article by FOS published in Facility Executive where we discuss what TCO is, how it can help your organization, improve capital planning, and the potential results.
