Assessing the Total Cost of Ownership (TCO) of VMS and NVR Systems

Assessing the Total Cost of Ownership (TCO) of VMS and NVR Systems

Total cost of ownership (TCO) is defined as a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or service. In the technology arena, TCO typically includes the cost of computer hardware and software, operation expenses, and long-term expenses such as replacement and scalability.

TCO is a useful concept, but in many cases, it cannot be expressed as a single number. There are simply too many variables and subjective judgments involved in the decision-making for it to be expressed numerically. Suffice it to say that a system’s initial price tag is only one of many elements that comprise a system’s cost.

This Technology Report will enumerate a variety of factors to be considered when determining the total cost of ownership (TCO) of a video system, incorporating commentary from Exacq, part of Johnson Controls Security Products.

What's inside?

  • What Are the Elements of TCO for NVRs and VMSs?
  • Some Elements of TCO Are More Difficult to Quantify
  • Approaching System Costs: Capex or Opex?
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