MetraTech Gives Service Providers the Power to Reinvent Cloud Offerings

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.”