Octane Software Technology

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Octane Software Technology

Octane Software Technology

@getoctaneio

Disrupting how the internet monetizes

Brooklyn, New York Beigetreten Temmuz 2021
2.4K Folgt248 Follower
Octane Software Technology retweetet
ProductLed
ProductLed@productled·
We’re about to see a massive wave of SaaS companies making the shift to usage-based pricing for the first time. But how do you make the transition successfully? Join this panel discussion on January 18 to learn how to do it. Sign up here 👉 events.getoctane.io/webinar
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Octane Software Technology
Octane Software Technology@getoctaneio·
@ezekgabrielse We think the future of pricing is iterative and flexible. We make it very easy for the business stakeholders to go in and make changes to price plans. DM me if you have more questions :)
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Octane Software Technology
Octane Software Technology@getoctaneio·
In our commitment to deliver the safest, most reliable product for our clients and their customers - we are thrilled to announce that Octane has completed its SOC2 Type II certification!
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Paul van den Dool
Paul van den Dool@PaulvdDool·
@vishshet I was planning a monthly based fee. A feature I'm still working on will add something to the storefront for the customers/visitors. I feel that adds a value that merits a monthly fee.
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Octane Software Technology
Octane Software Technology@getoctaneio·
#SaaS costs are often inflexible and unfair. How do you make #SaaS costs easier to bear? Move to consumption-based billing. It's the present and future of #cloud. Check out the latest On Cloud podcast for more. #DeloitteCloud
DavidLinthicum@DavidLinthicum

It's a #SaaS revolution. Learn how #cloud inspired consumption-based billing is changing the SaaS game. Find out more on this weeks On Cloud Podcast #deloittecloud #podcast lnkd.in/ddpq8X3t

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Octane Software Technology retweetet
first check $500k-1M pre-seed
first check $500k-1M pre-seed@ajhodls·
Switching from subscription to usage-based billing is probably the highest impact work you can do to increase revenue. But it's also the most painful and time consuming to your engineering org. Thrilled to be supporting @getoctaneio on the journey! techcrunch.com/2021/08/31/oct…
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usman
usman@usmanshabbir·
@lpolovets IMO aligning price to value should be default for any product. Anything else results in deadweight loss and customers try to avoid that through different schemes. Why pay monthly subscription when I want to use product for just 1 day.
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Leo Polovets
Leo Polovets@lpolovets·
Customers will try to game whatever pricing scheme you choose. price by seat -> seat sharing price by project -> monolith projects flat monthly price -> extract value quickly and cancel contract The only way to avoid this is to perfectly align price w/value, which is very hard.
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Baris
Baris@Baris·
@lpolovets Consumption based pricing i.e. GCP, AWS, etc.
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Octane Software Technology
Octane Software Technology@getoctaneio·
@trueabsurdist @lpolovets Fair usage will come from identifying and implementing fair pricing. Clients that feel like they are paying an outrageous amount for little value, will spend the time and effort to find work-arounds to extract their fair-share. So be sure to get value & price are aligned
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Karthik
Karthik@trueabsurdist·
@lpolovets 100%- any thoughts on how to enforce fair usage, especially among top tier customers?
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Octane Software Technology
Octane Software Technology@getoctaneio·
@the_manavshah @lpolovets Yes metered pricing empowers companies to align price with value. Look at how Snowflake, Datadog, Twilio, AWS have excelled by doing this! Get early access to our Pricing Playground to track usage then experiment with different price plans to perfect them! bit.ly/3mH5TUV
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Manav
Manav@manavbs·
@lpolovets Where does metered pricing fit into this chain of thought? Saw an interesting company @getoctaneio solving for this recently!
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Octane Software Technology
Octane Software Technology@getoctaneio·
Thank you RightDesign for the flattering review! "... the Octane team... thought through a bunch of use cases and worked hard to allow the integration to happen easily. The structure and design of how you do billing will be intrinsic to your org" rightdesign.com.au/2021/08/13/oct…
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Octane Software Technology
Octane Software Technology@getoctaneio·
We are an accessible out-of-the-box solution to do this! "...usage-based businesses tend to have invested hundreds of millions of dollars on billing engines in order to track customer-specific usage." Mike Scarpelli, CFO @SnowflakeDB - bit.ly/37DVCjq
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Octane Software Technology retweetet
Bain & Company
Bain & Company@BainandCompany·
Nothing affects profits more than pricing. Here are six rules for setting price and getting price. spr.ly/60108YAIr
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