MDM Pricing Trends

 

MDM Pricing Trends

New ways of MDM Pricing : MDM vendors are transitioning to a consumption-based pricing model to align customer billing and provider costs more accurately. This model offers cost savings opportunities for organizations because they can optimize their infrastructure to reduce idle time. Consumption-based pricing also provides organizations agility and flexibility to quickly respond to changing business and customer needs, and the ability to monitor their costs. This model prevents organizations from paying for storage or data they will not use. Cloud providers offer this model for nearly all their services, and now that MDM solutions use more cloud services, it's a win-win for everyone.

#MDM #CloudComputing #ConsumptionBasedPricing #masterdatamanagement

(Content Reference Source: Gartner)

Written By: Rohit Singh Verma ( MDM Leader, Head of MDM Practice)