Save money and still do more in this downturn with New Relic

In an era where engineering teams face budget constraints and pressure to maximize efficiency, New Relic's usage-based pricing model offers a compelling alternative to traditional host-based pricing used by observability vendors like Datadog and Elastic. This model, which charges based on users and data usage rather than peak host counts, aims to reduce surprise billing and provide better value for money by aligning costs more closely with actual usage. It reflects a shift reminiscent of the cloud consumption model introduced by AWS in the late 2000s, which revolutionized the IT industry by allowing companies to pay for only the resources they used. As economic uncertainties loom in 2023, New Relic positions itself as a cost-effective and scalable solution for businesses to consolidate their observability needs, citing significant savings and productivity gains for customers who have transitioned from competitors.