Your Total Cost of Ownership (TCO)

The total cost of your printing power is much more than just the cost of acquisition. Indeed, a complete total cost of ownership (TCO) model looks at both direct and indirect costs associated with your purchase.

TCO is a life cycle model » by considering TCO we consider the total costs of acquiring, owning, operating, and maintaining equipment over its entire useful life.

Furthermore, TCO includes not only costs associated with owning and operating the equipment, but also the costs associated with using the equipment to its fullest potential.

By applying a TCO model to your purchase, we examine not just the upfront costs of the hardware itself, but also user training, maintenance and support costs, and any other "soft" costs that may be associated with your print environment.

A TCO approach ensures the right printer, the right software, the right maintenance program, and ultimately, the right cost is landed upon for your needs.

A few TCO Considerations

When calculating TCO for your print environment, it's essential to consider the following expenses:

• Cost of analyzing and determining printing needs, then specifying workable solutions.
• Initial costs of hardware, as specified and delivered.
• Cost of initial deployment into the workplace.
• Cost of end-user training and familiarization with new equipment and software.
• Ongoing maintenance costs for software updates and upgrades.
• Cost of media and supplies based on expected usage.
• Cost of zero or low productivity moments due to long print times, queue times, or device overuse.
• Cost of over-deployment of devices when consolidation is called for.
• Occasional costs for system repair or replacement owing to normal wear and tear, and infrequent system or component failures.
• Cost of end-user retraining and refamiliarization when updates or upgrades require it.

The costs involved after purchase normally exceed initial acquisition costs several times over during the useful life of printing hardware.

Proper planning for, and awareness of, recurring or ongoing costs after purchase can actually save you significantly more money in the long run than achieving the lowest possible initial purchase price can.

A big part of the CIP Advantage is that we are acutely aware of all the TCO considerations, and we can help ensure that your total cost of ownership is the lowest it can be.

Put your total cost of ownership to work for you.