What Is Cloud TCO?

Cloud TCO (Total Cost of Ownership) is a cloud economics term representing an estimation of the expenses and benefits of a cloud investment. The components involved in the TCO calculation include the business type, the cloud-facilitated operations and procedures, regulatory consequences, education and training expenses, electricity, cooling, and other facility expenditures. The TCO is majorly impacted by lower investment costs, improved productivity, and quicker decision-making that come along with cloud migration.