top 5 metrics to measure tco for intellectual asset management software
DESCRIPTION
Knowing the cost of an Intellectual Asset Management Software over time can save you tens of thousands in the long haul.TRANSCRIPT
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TOP 5 METRICSTO MEASURE TCO FOR
IAM SOFTWARE
FROM “SUPPORT” TO STRATEGIC”
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Metric 1:Acquisition
FROM “SUPPORT” TO STRATEGIC”
Includes capital expense for on-premise and operating expense for hosted
Image courtesy of edmunds.com
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Metric 1:Acquisition
FROM “SUPPORT” TO STRATEGIC”
Contributes 10-15% of overall cost of ownership
Image courtesy of edmunds.com
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Metric 2:Implementation
FROM “SUPPORT” TO STRATEGIC”
Contributes 30-40% of overall cost of ownership
Image courtesy of directoryaziende.com
Development Integration Testing Data Migration Training
(Customization/Configuration)
Making the System Work For Users
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Metric 3:Operations
FROM “SUPPORT” TO STRATEGIC”Image courtesy of massthink.files.wordpress.com
Includes unproductive end-user time, troubleshooting, and system downtime
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Metric 3:Operations
FROM “SUPPORT” TO STRATEGIC”Image courtesy of massthink.files.wordpress.com
Contributes 30-40% of overall cost of ownership
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Metric 4:Maintenance
FROM “SUPPORT” TO STRATEGIC”Image courtesy of 1im.co.uk or my.aup.edu
Includes technical support, country law updates, patches, and upgrades
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Metric 4:Maintenance
FROM “SUPPORT” TO STRATEGIC”Image courtesy of 1im.co.uk or my.aup.edu
Contributes 30-40% of overall cost of ownership
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Metric 5:Replacement
FROM “SUPPORT” TO STRATEGIC”
Includes costs for transitioningto a new system
Image courtesy of chicagomoving.com
DATA
DATA
DATA
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Metric 5:Replacement
FROM “SUPPORT” TO STRATEGIC”Image courtesy of chicagomoving.com
DATA
DATA
DATA
Contributes 10-15% of overall cost of ownership
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VISIT:www.lecorpio.com
or CALL:(408) 850-7260
FROM “SUPPORT” TO STRATEGIC”
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TRANSFORM YOUR LEGAL DEPARTMENTFROM “SUPPORT” TO STRATEGIC”