Do you need a metering system?It depends on your usage volume and usage data use cases
Engineering teams must consider two key factors when deciding how to report usage records: volume of usage data and use cases that require aggregated usage. Usage-based pricing models require accurate recording of billable events, which can vary depending on the business, customers, and pricing model. Reporting directly to a database or using a dedicated metering system like OpenMeter depends on the scale of product consumption. Aggregated usage data is consumed in various functions across the company, including product, sales, and finance departments. Usage data use cases have different volume, latency, and integration requirements. Common alternatives for collecting and consuming usage data without a dedicated metering system include online databases, billing providers, OLAP systems, data warehouses, and streaming aggregation platforms. OpenMeter provides a robust solution for handling load, usage spikes, and duplicates required to implement accurate usage-based billing while seamlessly integrating with various organizational departments.
Company
OpenMeter
Date published
Feb. 29, 2024
Author(s)
Peter Marton
Word count
697
Language
English
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