Showing posts with label Consumption Based Model. Show all posts
Showing posts with label Consumption Based Model. Show all posts

Sunday, 9 August 2020

Consumption Based Model

Cloud service providers operate on a Consumption-Based Model, which means that end-users only pay for the resources that they use. Whatever they use is what they pay for.

This Consumption-Based Model brings with it many benefits, including:

  • No upfront costs.
  • No need to purchase and manage the costly infrastructure that they may or may not use to its fullest.
  • The ability to pay for additional resources when they are needed.
  • The ability to stop paying for resources that are no longer needed.