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Consumption-based pricing model

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Definition Edit

A consumption-based pricing model is

[a] pricing model whereby the [service provider]] charges its customers based on the amount of the service the customer consumes, rather than a time-based fee. For example, a cloud storage provider might charge per gigabyte of information stored.[1]

References Edit

  1. Cloud Computing Strategic Direction Paper, Glossary, at 42.

See also Edit

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