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CEO and CTO and Various business units of a Cloud service Provider Organization were discussing on Various pricing models based on attributes which has to be offered There is a group discussion was going on various factors, features and functionality of the software, infrastructure, infrastructure services and the level of support provided by the SaaS provide to their customers. As a Cloud service provider what are all the various models of Pricing/Package you define based on attributes with example of each model? | Cloud Computing M.Tech

Question . CEO and CTO and Various business units of a Cloud service Provider Organization were discussing on Various pricing models based on attributes which has to be offered There is a group discussion was going on various factors, features and functionality of the software, infrastructure, infrastructure services and the level of support provided by the SaaS provide to their customers. As a Cloud service provider what are all the various models of Pricing/Package you define based on attributes with example of each model?                     [5 Marks] Solution : As a Cloud service provider, you can offer various pricing models/packages based on different attributes to cater to different customer needs. Here are some common pricing models with examples: 1. Pay-As-You-Go (Pay-per-Usage) :    Customers are charged based on the resources they consume. For example, charging per hour or per minute of CPU usage, data transfer, storage, and other resources. 2. Subscription :    Customers pa