The term TVO (Total Value of Ownership) comes from management a
microeconomics and represents a comparative measure that denotes the total
financial value of a service or product. Unlike a better-known TCO measure, TVO
not only includes financial expenses, but it also takes into account the values
that can be difficult to evaluate from the financial point of view. In other
words, TVO evaluates benefits like financial profit as well as any added value,
such as:
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