This first in a series of blogs explores methods of cost determination for acquiring and operationalizing open source software in general and for test automation in particular. Included are discussion and analysis of key phases of the IT asset life cycle, available cost analysis tools, and example cost analyses.
The Total Cost of Ownership (TCO) for an asset is defined as the Acquisition cost plus the cost of Operation. For software, Acquisition can involve licensing, subscription, and/or development . . .