Timescale, the PostgreSQL++ database company, is announcing that its cloud platform will now operate on a usage-based pricing model, charging customers only for the actual data stored within Timescale services. Shifting from its previous allocation-based pricing, Timescale now offers the same scale, speed, and savings benefits at a pay-for-what-you-use price.
Usage-based database storage pricing offers a multitude of benefits that can transform enterprise TCO and ROI in an increasingly on-demand-dictated world. This pricing model from Timescale enables customers to:
- Be free from disk-lockage, where users no longer need to worry about downsizing or storage plans
- Save on costs through native, mutable columnar compression, which saves database storage and cost in parallel
- Streamline migration by eliminating the need to allocate disks
- Take advantage of Timescale even if the user’s project is smaller-scale
- Scale seamlessly, where Timescale grows with the user
- Tier data to save more through a single command on users’ hypertables
- Utilize continuous aggregates for rapid views
- Produce cheaper replicas in one click
According to the company, this abundance of features creates a PostgreSQL cloud platform that meets customers exactly where they are, big or small. Performance enhancements, TCO reduction, rapid ROI, and real-time support are possible with Timescale, which continues to evolve as the customer does.
Any charge from Timescale occurs post-compression, if enabled. Additionally, Timescale emphasizes price transparency and simplicity, eliminating hidden costs, such as those that surface through data transfer or read and writes. Timescale also offers technical support for its service at no additional cost.
Current Timescale users will now benefit from the platform’s new pricing model. The compression feature must be enabled on the customer-end.
For more information about this news, visit www.timescale.com.