Technology replacement cost estimation using environmental cost considerations
AssigneeHewlett-Packard Development Company, L.P.
InventorsAmip J. Shah, Chandrakant Patel, Cullen E. Bash
Life of this patent
Estimating the term…
Abstract
In a method of estimating a replacement cost associated with an existing technology performed by a processor, one or more costs associated with implementing the existing technology are obtained, in which the one or more costs include an environmental cost and a utility cost associated with implementing the existing technology. In addition, an existing net benefit of continuing implementation of the existing technology based upon the obtained one or more costs are calculated.
Claims20
A method of estimating a replacement cost associated with an existing technology, said method comprising steps performed by a processor of:
- obtaining one or more costs associated with implementing the existing technology, wherein the one or more costs include an environmental cost and a utility cost associated with implementing the existing technology;
- and
- calculating an existing net benefit of continuing implementation of the existing technology based upon the obtained one or more costs.
A computing apparatus comprising:
- a replacement cost estimating module configured to estimate a replacement cost associated with an existing technology;
- an existing technology obtaining module configured to obtain one or more costs associated with implementing the existing technology, wherein the one or more costs include an environmental cost and a utility cost associated with implementing the existing technology;
- an existing net benefit calculating module configured to calculate an existing net benefit of continuing implementation of the existing technology based upon the obtained one or more costs;
- and
- a controller configured to implement the replacement cost estimating module, the existing technology cost obtaining module, and the existing net benefit calculating module to estimate a replacement cost associated with the existing technology.
A computer readable storage medium on which is embedded one or more computer programs, said one or more computer programs implementing a method of estimating a replacement cost associated with an existing technology, said one or more computer programs comprising a set of instructions for:
- obtaining one or more costs associated with implementing the existing technology, wherein the one or more costs include an environmental cost and a utility cost associated with implementing the existing technology;
- calculating an existing net benefit of continuing implementation of the existing technology based upon the obtained one or more costs;
- obtaining one or more costs associated with at least one of procuring and implementing a new technology to replace the existing technology, wherein the one or more costs include an environmental cost and a utility cost associated with at least one of procuring and implementing the new technology;
- calculating a new net benefit of at least one of procuring and implementing the new technology based upon the obtained one or more costs associated with at least one of procuring and implementing a new technology;
- determining whether the existing net benefit exceeds the new net benefit;
- and
- determining whether to replace the existing technology with the new technology based upon whether the existing net benefit exceeds the new net benefit.
Dependencies are inferred from the claim text.