Cloud Service Pricing Model
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A Cloud Service Pricing Model is a pricing model that determines the financial terms under which cloud services are offered.
- Context:
- It can (typically) be utilized by Cloud Service Providers to outline the costs associated with their services.
- It can (often) include various pricing strategies such as Pay-As-You-Go, Subscription-Based Pricing, and Tiered Pricing Structures.
- It can range from Flat-Rate Access, which offers unlimited usage for a fixed cost, to Consumption-Based Pricing, where charges are based on the actual usage of resources.
- It can influence customer decisions on service selection based on their budget and usage patterns.
- It can also feature Discounting Strategies for long-term commitments or high-volume usage.
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- Example(s):
- a Cloud Service-Specific Service Pricing Model, such as:
- Amazon Web Services Pricing Model, which offers multiple pricing options including pay-as-you-go and reserved instances.
- Microsoft Azure Pricing Model, which includes options for per-minute billing and pre-paid plans.
- Google Cloud Platform Pricing Model, known for its detailed and flexible billing approach that accommodates varying customer needs.
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- an LLM Service Pricing Model, such as:
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- a Cloud Service-Specific Service Pricing Model, such as:
- Counter-Example(s):
- Traditional Software Licensing, where pricing is often based on a one-time purchase or a fixed-term license fee, independent of usage.
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- See: Subscription Model, Utility Computing Model, Service Level Agreement, Cloud Cost Management.