From the course: Oracle Cloud Infrastructure Foundations
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Pricing
From the course: Oracle Cloud Infrastructure Foundations
Pricing
(bright music) - Welcome to this module on governance and administration. As part of this module, the first lesson we are going to look at is around pricing. Now, pricing is a complex topic. A lot of pricing with a lot of cloud providers is complex. Oracle's pricing is simple, it's transparent, and it's lower pricing than our competitors. So let's look at some of these in this particular lesson. The first thing is, what kind of pricing models do we support? So we definitely support pay as you go pricing, where you're charged only for the resources you consume. There is no upfront commitment. There is no minimum service period, and the usage is metered. This is pay as you go for most of the resources. But for some resources, like our managed serverless platform called Functions, it takes you to the next level. So you have this concept of consumption-based pricing, where you are charged only when you consume the resource,…
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