consumption-based pricing


Also found in: Dictionary.

consumption-based pricing

Selling software or computing services based on demand (actual traffic, transactions, etc.) rather than a fixed fee per month. Cloud computing became extremely popular due to consumption-based pricing. See cloud computing.
References in periodicals archive ?
Such a consumption-based pricing mechanism allows customers greater flexibility to plan or adjust their IT expenditures based on operational needs.
Hitachi Enterprise Cloud is delivered as a fully managed, outcome-based solution with consumption-based pricing that ensures that customers only pay for the capacity and resources used.
xStream increases operational efficiency and ROI and offers greater financial flexibility through its consumption-based pricing.
They now can launch simplified products quickly and deliver a streamlined digital customer experience across new business, servicing and claims -- all with a consumption-based pricing structure.
Now, under this new arrangement, CenturyLink will offer hybrid IT infrastructure services through a consumption-based pricing model, empowering Procter & Gamble employees to bundle and select the technology services they need, when they need them.
It will then be offered with a consumption-based pricing model that depends on the number of API calls.
Under the terms of the five-year agreement, Accenture and Hess will work on planning, design and implementation of a technology solution that links field assets to a network of cloud-based offerings, delivered as-a-Service, with consumption-based pricing focused on reducing cost, increasing production, and simplifying technology.
With no capital investment and consumption-based pricing, this service delivers significant cost savings while protecting data running in virtual machines or on physical servers, as well as in Azure.