Smart City Dispatch · Glossary
Total cost of ownership (TCO)
Full lifecycle cost of a system, including acquisition, connectivity, integration, cloud usage, licenses, maintenance, calibration, replacement, cybersecurity, training, and decommissioning.
Total cost of ownership (TCO)
Full lifecycle cost of a system, including acquisition, connectivity, integration, cloud usage, licenses, maintenance, calibration, replacement, cybersecurity, training, and decommissioning.
Smart-city relevance: Low-cost sensors can become expensive citywide if maintenance and communications dominate.
Related: Lifecycle cost