[Done] Enable reducing costs by allowing purchase of device-months up front (credit system)

Give customers discounts for committing to prepaying for devices.

Ryan H set the status to Completed

Today we’re announcing a brand new feature within balenaCloud, allowing you to pre-purchase balenaCloud credits upfront, providing a discount and reducing the overall cost of running your fleet.

If you can anticipate your future usage and growth on the platform, you can now pre-purchase credits (device-months) up-front, and receive a discount based on the quantity you purchase. These credits are then consumed by Microservices devices in your fleet as and when necessary. This allows you to secure today’s pricing for your fleet and accurately predict costs for the future, mitigating any future pricing changes. It’s fully flexible and allows you to commit as little or as much as you’d like depending on your scaling and usage needs.

Let’s give a quick example. If you have 1,000 Microservices devices on the platform today, your cost is $1.50 per device per month. If you plan for them being active for 12 months, you can buy 12,000 credits to cover that expected usage and receive a discount of 17% over simply paying month by month. This is all fully self-serve and flexible, meaning you can buy as many or as few credits as you want as and when you need them, as well as being able to see what sort of discount you’ll receive before buying.

To find out more, take a look at our Billing | balena