{"id":612,"date":"2018-11-09T02:06:31","date_gmt":"2018-11-09T02:06:31","guid":{"rendered":"http:\/\/miradore2.wpengine.com\/?post_type=learn&p=612"},"modified":"2021-05-05T05:53:03","modified_gmt":"2021-05-05T05:53:03","slug":"how-byod-changes-tco-calculations","status":"publish","type":"post","link":"https:\/\/www.miradore.com\/blog\/how-byod-changes-tco-calculations\/","title":{"rendered":"How BYOD Changes Total Cost of Ownership Calculations"},"content":{"rendered":"

Automation, self-service innovations, and the\u00a0Bring Your Own Device (BYOD)<\/a>\u00a0model are hugely affecting IT asset management and related costs. The traditional way of calculating Total Cost of Ownership (TCO) no longer works well. Therefore, we urgently need new viewpoints and serious fine-tuning.<\/strong><\/p>\n

Until now, IT managers (and CFOs) have diligently calculated how much each phase of the asset life cycle costs for your company \u2013 including the planning, acquiring, deploying, operating, supporting, upgrading, and finally the retiring of a workstation, laptop or mobile device. Naturally, some cost elements are still valid, but many have permanently changed thanks to new technologies and new ways of working.<\/p>\n

Many of you know Intel\u2019s model, or a classic, Microsoft\u2019s PC Lifecycle Model and their major cost elements. These are widely used in traditional IT asset calculations.<\/p>\n

However, new higher levels of self-service and modern automation tools are affecting the lifecycle model \u2013 and simultaneously generating cost savings in a way that\u00a0your investment in MDM\/automation tools can actually be cash flow neutral.<\/p>\n

<\/span>Renew Your Set of BYOD Cost Elements<\/span><\/h2>\n

When calculating the TCO in a BYOD and self-service environment, it is necessary to use a renewed set of cost elements. Let\u2019s review each of the phases of the traditional way, and the diversity that BYOD adds.<\/p>\n

We narrow down the phases to five: \u201cPlan, Procure, Deploy, Maintain, Retire\u201d \u2013 and run through each of these from a BYOD perspective:<\/p>\n

1. Plan<\/h3>\n