Many engineers and managers get caught up on the initial price of capital investment upgrades and forget the long term costs that are associated as well. By focusing on Total Cost of Ownership (TCO), we can ensure that you are set up for long term success and sustainability. Our goal is to maximize profitability by utilizing capital expenditures to drive down operating expenditures and maximize upitime.
Total Cost of Ownership 100% = Capital Expenditure15% + Operating Expenditures85%
Total Cost of Ownership (TCO) is a concept that we employ to maximize long term profitability and growth of our partners. There is an exorbitant amount of cost associated with purchases and upgrades in addition to the initial cost or investment. At Tri Tech Automation we work with our partners to ensure that capital is being spent as efficient and effectively as possible in order to mitigate the long term operational expenditures. Our goal is to work with you to implement solutions that are focused on long term profitability and success.
Focusing on the TCO strategy to business encompasses everything from hardware standards and availability to effective programming and documentation. At Tri Tech Automation, we give a reasonable amount of additional consideration up front in order to maximize up-time for entire installed life cycle of the system. Designing systems with code and hardware standards allows for ease of maintenance during the life cycle which directly correlates to maximized up time. Incorporating solutions that maximize up-time correspondingly drive profitability and growth.