PD ISO/IEC TR 23613:2020 - Information Technology: Cloud Service Metering Elements and Billing Modes

In the rapidly evolving world of information technology, cloud computing has become an indispensable part of modern business operations. As organizations increasingly rely on cloud services, understanding the intricacies of cloud service metering and billing becomes crucial. The PD ISO/IEC TR 23613:2020 standard provides a comprehensive guide to the elements of cloud service metering and the various billing modes available, ensuring that businesses can make informed decisions and optimize their cloud service usage.

Overview of the Standard

The PD ISO/IEC TR 23613:2020 is a technical report that delves into the essential components of cloud service metering and billing. Released on May 12, 2020, this standard is a vital resource for IT professionals, cloud service providers, and businesses that utilize cloud computing. With a total of 16 pages, it offers a concise yet thorough exploration of the subject matter.

Key Features

• Standard Number: PD ISO/IEC TR 23613:2020
• ISBN: 978 0 539 04970 1
• Status: Standard

Understanding Cloud Service Metering

Cloud service metering is a critical aspect of cloud computing that involves tracking and measuring the usage of cloud resources. This process is essential for both cloud service providers and consumers, as it forms the basis for billing and cost management. The PD ISO/IEC TR 23613:2020 standard outlines the various elements involved in cloud service metering, providing clarity and guidance on how to effectively measure and manage cloud resource usage.

Elements of Cloud Service Metering

The standard identifies several key elements that are integral to cloud service metering:

• Resource Utilization: Monitoring the consumption of cloud resources such as CPU, memory, storage, and network bandwidth.
• Service Usage: Tracking the usage of specific cloud services, including software applications, platforms, and infrastructure.
• Data Transfer: Measuring the volume of data transferred between cloud services and users.
• Time-Based Metrics: Recording the duration of cloud service usage to facilitate time-based billing models.

Exploring Billing Modes

Billing modes in cloud computing are diverse and can significantly impact the cost-effectiveness of cloud service usage. The PD ISO/IEC TR 23613:2020 standard provides insights into the various billing modes available, enabling businesses to choose the most suitable option for their needs.

Common Billing Modes

Some of the common billing modes covered in the standard include:

• Pay-as-You-Go: A flexible billing model where users are charged based on their actual usage of cloud resources.
• Subscription-Based: A fixed billing model where users pay a predetermined fee for a set period, regardless of actual usage.
• Tiered Pricing: A scalable billing model that offers different pricing tiers based on usage levels, providing cost savings for higher usage.
• Reserved Instances: A cost-effective billing model where users commit to using specific cloud resources for a longer duration at a discounted rate.

Benefits of Implementing the Standard

Adopting the PD ISO/IEC TR 23613:2020 standard offers numerous benefits for organizations leveraging cloud computing:

• Cost Optimization: By understanding metering elements and billing modes, businesses can optimize their cloud service costs and avoid unnecessary expenses.
• Transparency: The standard provides a clear framework for cloud service metering and billing, enhancing transparency and trust between providers and consumers.
• Informed Decision-Making: With detailed insights into metering and billing, organizations can make informed decisions about their cloud service strategies.
• Compliance: Adhering to the standard ensures compliance with industry best practices and regulatory requirements.

Conclusion

The PD ISO/IEC TR 23613:2020 standard is an invaluable resource for anyone involved in cloud computing. By providing a detailed examination of cloud service metering elements and billing modes, it empowers businesses to effectively manage their cloud resources and optimize costs. Whether you are a cloud service provider or a consumer, this standard is essential for navigating the complexities of cloud computing and ensuring a successful cloud strategy.

PD ISO/IEC TR 23613:2020

This standard PD ISO/IEC TR 23613:2020 Information technology. Cloud computing. Cloud service metering elements and billing modes is classified in these ICS categories:

• 35.210 Cloud computing

This document describes a sample set of cloud service metering elements and billing modes.