A variety of factors influence the costs incurred over a project's life cycle, and as industrial networks become more complicated, network administrators are faced with the challenge of accurately estimating the financial impact of deploying industrial networking devices. These factors, however, include more than just the upfront costs associated with determining which hardware specifications are essential for a particular product, making it more difficult to determine a project's total cost of ownership.

Throughout a project's complete life cycle, several hidden costs will have a significant impact on the total cost. Therefore, it is essential to identify and find ways to reduce the hidden costs. Download the white paper for tips on how to lower the total cost of ownership of industrial IoT networks, and make the right decisions to ensure that the TCO is kept as low as possible.