Total value of ownership
Total value of ownership (TVO) or total value of opportunity, is a methodology of measuring and analyzing the business value of IT investments.[1] Gartner Group designed this methodology in 2003.[2]
TVO differs from total cost of ownership (TCO) in that TVO considers the benefits of alternative investments. It is a comparative measurement that evaluates the TCO and any additional benefits, such as the mobility of laptops when compared to desktop computers.
References
- Apfel, Audrey (January 2003). "The Total Value of Opportunity Approach". CSO Online. Retrieved September 11, 2015.
- "TVO Methodology: Valuing IT Investments via the Gartner Business Performance Framework".
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