Total cost of ownership and return on investment
Better insight for better business decisions
Building a cost-effective video surveillance system is a challenging task. There are many costs to consider, and also a lot of savings and benefits that can be hard to estimate.
Using a Total Cost of Ownership (TCO) model can help capture all the costs associated with a video surveillance system over its complete lifecycle. In addition, a TCO is a necessary foundation to correctly estimate the value, or Return on Investment (ROI), of the system.
Already used in many industries as a business tool, TCOs help integrators as well as buyers:
how costs are distributed over time
the risk of unforeseen costs
the value of the system
explain the business case during stakeholder discussions
Maximizing the ROI of your system
In this case study, Axis presents a combined approach to TCO and ROI. The TCO and ROI method has then been applied to real customer cases from city surveillance, retail and hotel industries – demonstrating in one project an ROI of as much as 2700% across the system lifecycle.
Understanding the TCO model
In this report, Axis has compiled a comprehensive TCO model of a large-scale system which includes project management, operation, maintenance and decommissioning costs, plus much more – all visualized with clear graphs.