What is meant by a cloud service being metered?

What is meant by a cloud service being metered?

• The company is allowed unlimited access to a service during specific periods of time.
• The company is charged a monthly or annual fee for a specific service.
• The company is charged based on the amount of service used.
• A special device is attached to the demarcation point where the service provider network ends and the company network starts.

Explanation: An unmetered cloud service is one where the service is free or it is charged on a monthly or annual basis. A metered cloud service has the charge based on how much the service is used. A company can also have an unmetered service up to a particular point and then the company is assessed additional charges based on how much additional services the company used.

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