GLOSSARY: Total Cost of Ownership

The real cost of a product, encompassing the cost of the material, along with installation, maintenance, anticipated repairs and necessary monitoring. These hidden costs are often overlooked or ignored in the initial cost analysis, but they add up and over time can outpace the expense of owning a floor with a higher material cost.

For instance, a floor with static-protective properties reliant on periodic buffing with conductive wax must be tested and monitored after each maintenance interval to ensure electrical compliance. If routine maintenance requires shutting down an operational space for some period of time, loss of use should also be factored into the flooring decision.

Background graphic is a still from the StaticWorx GroundSafe ESD Flooring – Your Trusted Partner explainer animation. In the foreground at the bottom are two boxes. The top is a bright blue with the StaticWorx logo and "GroundSafe ESD Flooring" underneath in white. The second is a dark blue-gray and includes the text in white: “GroundWorx ESD Flooring – Your Trusted Partner”
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StaticWorx high-performance static-control floors protect electronic components, explosives, and high-speed computers from damage caused by static electricity. ESD flooring is part of a system. Choices should always be based on objective, researched evidence. When you partner with us, we look at all possible items that may need to integrate with the floor, and, focusing on your goals and objectives, help you find the right floor for your application.