Companies Look to Pay Tech Vendors Based on Business Outcomes, Not Usage

  • 📰 Gartner_inc
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Gartner has found that 46% of tech firms face challenges in reaching revenue goals and can expect to make more pricing concessions as a result. Learn more in WSJ via bellelin_. GartnerIT

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/articles/companies-look-to-pay-tech-vendors-based-on-business-outcomes-not-usage-4c0bd5cb Tighter tech budgets and pushback against cloud bills are leading CIOs to question the traditional pay-what-you-use modelCotton plants grow inside a greenhouse at a Bayer Crop Science processing facility. The agricultural-chemicals company has been testing an outcome-based pricing model.A growing number of technology providers are pricing their products and services based on a promised outcome rather than charging customers set subscription fees or on a per-user basis.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 455. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ex-Biden aide Jen Psaki hit for coercing tech companies to censor conservatives by federal judgeMSNBC's Jen Psaki was named several times in an injunction by a judge who temporarily blocked White House officials from meeting with tech companies about social media censorship.
Source: FoxNews - 🏆 9. / 87 Read more »

2 major tech companies cancel conferences in SF; 2024 projected to be challenging yearSoftware company Red Hat and Bay Area's Meta will no longer hold their conferences at the Moscone Center in 2024. Experts project a challenging year for the city and its many small business owners.
Source: abc7newsbayarea - 🏆 529. / 51 Read more »

Don’t Sell Edibles That Look Like Doritos, Federal Officials Tell CompaniesFederal officials warned six companies to stop selling cannabis products in packaging that is “almost identical” to that of popular children’s snacks like Doritos, gummy bears and Nerds candy
Source: WSJ - 🏆 98. / 63 Read more »

Feds order 6 companies to stop selling cannabis edibles that look like kids’ snacksThe Food and Drug Administration issued a warning Wednesday to six companies that sell cannabis products they say can be mistaken as snacks by children.
Source: FoxNews - 🏆 9. / 87 Read more »

Judge limits Biden administration's contact with social media companiesThe judge cited 'substantial evidence' of a far-reaching censorship campaign.
Source: FOX29philly - 🏆 570. / 51 Read more »