Pay by Usage
Pay by Usage is a consumption-based pricing model offered by Infrastructure as a Service (IaaS) providers, allowing organizations to pay only for the computing resources they utilize. This model eliminates the need for fixed costs or long-term commitments, making it ideal for businesses with fluctuating workloads. Charges are typically based on factors such as CPU usage, memory allocation, storage, and network bandwidth. By adopting Pay by Usage, enterprises can optimize cloud expenses, scale infrastructure dynamically, and maintain cost efficiency. This approach provides financial flexibility and ensures that organizations pay proportionally to their actual resource consumption.
