MetraTech Gives Service Providers the Power to Reinvent Cloud Offerings

By Blaise McNamee

If you or your business uses a conference provider for video or audio calls, MetraTech is likely the billing system behind it. MetraTech is a billing and compensation company facilitating the monetization of services across several industries, including but not limited to cloud, financial, CSP, media and transportation.

Recently, MetraTech unveiled its MetraNet for Cloud, an out-of-the-box, preconfigured billing and compensation service module. MetraNet for Cloud supports common cloud business models, including direct service provider, services reseller, services wholesaler, billing service provider and private cloud chargeback. 

This new service makes it simple for cloud service providers to dynamically model services and pricing plans in response to rapidly changing market demands, substantially expediting the deployment of infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS) or software-as-a-service (SaaS) solutions in public, private or hybrid cloud environments. 

“Providers need to be able to provide differentiated services, and billing models should be an enabler, not an inhibitor,” said MetraTech CMO Esmeralda Swartz at Cloud Expo, New York. “Providers can’t wait for billing vendors to catch up and create new billing features to match evolving business models.”

This includes being able to offer a variety of personalized volume or commitment-based agreements for any cloud service, including on-demand, reserved, usage-based, location-based, free trials, promotions, bundling, or peak /off-peak pricing. Highly sophisticated and customizable cloud services require similarly agile pricing models, and MetraTech for Cloud empowers providers with the flexibility to offer packages that meet their customers’ unique needs.

With MetraTech, businesses looking to introduce a cloud offering have access to pre-configured cloud product catalog service templates, through which they can accelerate time-to-market. Moreover, these businesses can harness MetraTech's Behavioral Billing capabilities, which make it easy for service providers to fluidly negotiate customer and partner agreements and accurately compensate channels and suppliers.

“The biggest struggle cloud providers have is they are being forced to introduce simple services due to complex and inflexible billing systems,” Swartz said. “MetraTech devises business models that allow them to design products and services the way they want to.”

Edited by Rory J. Thompson
Related Articles

IoT Time Podcast S.4 Ep. 21 Ericsson

By: Ken Briodagh    7/18/2019

In this episode of IoT Time Podcast, Ken Briodagh sits down with Warren Chaisatien, Global Director, IoT Customer Marketing, Ericsson, to talk about I…

Read More

Six Ways the Supply Chain Benefits From the IoT

By: Special Guest    7/17/2019

The Internet of Things (IoT) is changing the way we look at everything from cooking and storing food in the home to tracking products as they move fro…

Read More

Solar Energy and Cellular IoT in the Spotlight at AWS Summit

By: Ken Briodagh    7/16/2019

Eseye and SolarNow showcase power of connected technology to change lives

Read More

How Industrial IoT will Disrupt the Shipping Industry

By: Arti Loftus    7/16/2019

Cargo and liner ships transport more than $4 trillion USD worth of goods annually, representing a material of the gross domestic product (GDP) of just…

Read More

10 Rules for Cities Thinking About Automated Vehicles

By: Special Guest    7/12/2019

Introducing autonomous vehicles to urban areas such as big cities and small towns is a serious step that requires a lot of prior planning.

Read More