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Podcast: The CTO Show with Mehmet Gonullu
Episode: #146 Understanding the Economics of Tech Investments: TCO vs. ROI
Description: In this episode of The CTO Show with Mehmet, we dive deep into two key financial concepts crucial for making informed tech investment decisions: Total Cost of Ownership (TCO) and Return on Investment (ROI). We break down what these terms mean, explore how they differ, and walk you through examples of how to calculate each. We'll also discuss the costs and considerations when replacing an existing solution versus acquiring a new tech, as well as the often overlooked costs of doing nothing. Tune in to understand how these insights can better guide your tech investment decisions.