Total Cost of Ownership Modelling
Total Cost of Ownership modelling (TCO) is complex but absolutely, critical when reviewing your HPC. Whether you are mid-cycle looking at your next procurement or considering the use of Cloud for HPC workflows, understanding the true cost of operation is vital for your business.
Below are just a few areas which will need to be fully understood when reviewing the financial impact of HPC:
On-Premise HPC: Capital cost items, such as Compute and Storage; Capitalised project costs such as Procurement and Installation; Running costs applicable to on-site HPC deployments such as space and electricity; End-of-life/decommissioning costs; and of course Utilisation.
HPC in the Cloud: Running costs applicable to Cloud deployments such as VMs and storage; Capital cost items such as network upgrades and enhanced connectivity, Understanding the requirement of the solution such as what sort of jobs will be run, how long and of course the level of utilisation of the system.
Red Oak has a proven track record of building true Cost of Ownership models for many leading organisations. We have also taken our expertise, one step further, and developed a tool which allows realistic comparisons between On-Premise and Cloud scenarios. Through the utilisation of this tool, the barrier of cost is understood, and the financial concerns are answered.
Our team of experts regularly attend major HPC Industry events, both in the UK and on an International basis; running tutorial on HPC finance, value, strategy, and total cost of ownership, we truly are leading the way in the complex sector of IT.