Floating Cubes

Surprisingly high Total Cost of Ownership (TCO) for Data Platforms

In the world of data platforms, it's not just the initial development cost that matters. The total cost of ownership (TCO) can be much higher, thanks to factors like maintenance, support, overheads, opportunity cost, unforeseen challenges, strategy changes during delivery, and upgrades.
What should I include in the Total Cost of Ownership (TCO) for a software platform?
  1. Resource costs for initial development - what is the dev team run rate?
  2. Team management costs - what does it cost to oversee the team?
  3. Hosting and commercial software - what licenses do you need to purchase?
  4. Support and maintenance - how do you manage issues and fixes?
  5. Unknown unknowns - what are the issues you will face when doing things for the first time?.