As your business models evolve, IBM’s goal is to provide a dynamic and flexible billing model to help you optimize your business.
With the IBM Cloud® Pay as you go with Committed Use billing model, you commit to spend a certain amount on IBM Cloud and, in return, receive a discount on all IBM Cloud platform usage. You are billed monthly based on your discounted usage and unlike the subscription model, you continue to receive a discount even after you reach your yearly committed amount.
How will this benefit you?
- Consumption-based billing: Unlike a subscription, your invoice will include service-level charge details and will reflect the monthly usage you consume each month, including discounts agreed upon per the terms of your commitment.
- No overages: No penalty for overage charges. If you spend more than the amount you committed to, you will continue to receive the same discounts agreed upon per the terms of your commitment. The discounted charges will be reflected on your monthly invoice.
- Improved console experience: Easily visualize progress towards your commitment, established commitment discounts and remaining time on the commitment. Monthly spending toward your commitment is broken out by month. You can manage your commitment by viewing any change in spending month-to-month and track your spending trends over time. For additional details about your commitment, you can click into an individual month, and you’ll be sent to a view of the usage dashboard for that particular month.
New customers who purchase via the IBM Cloud Pay as you go with Committed Use billing model from this point forward will begin to see these benefits, by default. If you’re an existing customer and are interested in adopting the new model, contact your sales representative or IBM Cloud Business Partner for more details.
IBM Cloud Pay as you go with Committed Use is available in the following countries: United States, United Kingdom, Ireland, Canada, Belgium, Netherlands, Luxembourg, Austria, Germany and Switzerland. For more information, check out the Pay as you go with Committed Use documentation.
Get in touch
Ready to embark on your new experience? Speak to your sales representative or IBM Cloud Business Partner today about our new model.
Learn more about IBM Cloud® Pay as you go with Committed Use.