Total cost of ownership

As explained in Architecting an Apache Iceberg Lakehouse

Total cost of ownership is the complete cost of acquiring, operating, maintaining, and retiring a system or asset.

Total cost of ownership measures the full financial and operational burden of acquiring, running, maintaining, scaling, and eventually retiring a system or asset. For data platforms, it extends beyond storage capacity to include data transfer, replication, access patterns, archival, staffing, maintenance, and infrastructure. section 5.1.4

Estimate ownership cost by examining:

• Cloud object storage access, cross-region replication, and movement between services or availability zones. section 5.1.4
• On-premises hardware, power, cooling, networking, bandwidth, staffing, maintenance, and capital expenditure. section 5.1.4
• Operational effort for scaling, monitoring, troubleshooting, compliance, and vendor-specific integration. section 5.1.4
• Strategic benefits such as lower infrastructure costs, faster time-to-insight, and greater operational agility. section 4.1.1

Figure 5.4 Factors to consider when estimating the storage system’s cost

Use the cost-factor diagram to compare direct spending, hidden infrastructure costs, operational effort, interoperability, and scalability. section 5.1.4

How Architecting an Apache Iceberg Lakehouse covers it

How deep it goes

Explains major cost categories and operational tradeoffs, but stops short of providing a numerical estimation model.

Examples

Contrasts cloud object storage with on-premises storage and considers access, cross-region movement, hardware, power, cooling, and staffing.

What you can do after

Evaluate storage and platform alternatives using total financial cost, labor, scalability, interoperability, and strategic value.

How it connects

Connects storage, data transfer, replication, archival, operational overhead, interoperability, scalability, and infrastructure costs.

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Also explained in

• 

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  Effective Platform EngineeringTotal cost of ownership is the complete cost of acquiring, deploying, operating, maintaining, and retiring a product or system across its lifecycle.
• 

  liveBookmanning.com
  Digital Twins in ActionTotal cost of ownership is the complete cost of acquiring, operating, maintaining, and eventually replacing a system or technology.

Compare how 3 books explain total cost of ownership →

Related concepts

• build-versus-buy decisionused by · A build-versus-buy decision is an evaluation of whether to develop a capability internally or obtain it from an external product, service, or provider.
• opportunity costhas part · Opportunity cost is the value of the best alternative forgone when a choice commits resources to one option rather than another.
• costused by · Cost is the monetary expenditure, resource consumption, effort, or other burden associated with acquiring, producing, operating, or performing something.
• replicationuses · Replication is the creation or maintenance of multiple copies of data, state, or functionality across separate locations or components.
• AWS Lambdameasures · AWS Lambda is Amazon Web Services’ managed serverless computing service for running code in response to events or requests without managing servers.

This explainer was generated by Manning's knowledge graph from the text of Architecting an Apache Iceberg Lakehouse. The section links point to the parts of the book it draws on.