consumption-based pricing


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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 ?
The new solution is designed to provide Giant Eagle with flexible, consumption-based pricing; faster procurement and provisioning of applications; and integrated system management for greater visibility into data concerning everything from the supply chain to checkout line.
With our innovative implementation, support, and consumption-based pricing models, we WILL lead the industry forward.
The new "IBM MSP Utility Pricing for System z" pricing model, delivered through IBM Global Financing, provides consumption-based pricing designed especially to make mainframe technologies more widely accessible to Managed Service Providers (MSPs).
"This is game-changing and takes the challenge of consumption-based pricing to a whole new level," Stewart said.
The service offers businesses secure data back-up on a scalable and consumption-based pricing model.
Such a consumption-based pricing mechanism allows customers greater flexibility to plan or adjust their IT expenditures based on operational needs.
Consumption-based pricing makes sense in customers' minds, but it can be difficult to develop formulas that will in fact pay for all the work it takes to bring that one article up on a user's screen.
Valued at $242.4 million and signed in the third quarter of 2018, the contract will improve the reliability of the digital services the commonwealth provides to citizens by modernizing hardware, security and services, while shifting to a consumption-based pricing model.
IDScloud was selected based upon the product's depth of functionality, consumption-based pricing, and the ability to implement the solution without the need for additional IT staff or a significant professional services engagement.
Through its flexibility (e.g., configurability, openness, rules-based, abstraction) the solution allows operators to extend new and innovative commercial models to its customers, such as customer self-service, automated service delivery, consumption-based pricing, and self-healing services.
xStream increases operational efficiency and ROI and offers greater financial flexibility through its consumption-based pricing. Clients purchase the amount of infrastructure resources they need as multi-tiered workload infrastructure units with integrated High Availability and Disaster Recovery.
Insight Enterprises has announced a new Backup-as-a-Service offering featuring monthly, consumption-based pricing, and the ability to leverage on-demand, public cloud IT resources to support usage spikes.