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In today’s fast-paced business environment, making smart purchasing decisions is more important than ever. One of the key factors that often gets overlooked is the Total Cost of Ownership (TCO). Focusing on the initial purchase price alone can lead to costly mistakes down the line. In this article, we’ll dive into what TCO is, why it’s important, and how to avoid expensive errors when calculating it. What is Total Cost of Ownership? Total Cost of Ownership (TCO) is the comprehensive assessment of the total costs associat... more