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What is the pricing model of MindSphere?

Community Manager Community Manager
Community Manager

 

One of the best features and immediate advantage is the low cost of entry into the MindSphere with a convenient, pay-per-use pricing model. Figure is showing an overview of the pricing-model. The MindSphere pricing model consists basically of three parts:

- Connectivity element, for instance the MindConnect Nano

 

- A fixed monthly rate, which is made up of the MindSphere Access (including 50 user) as well as the application score

 

- The data model. The size of the data model is individually defined. Variables are the number of data points, the type of data points and the sampling rate.

Figure8.PNG

 

  The transparent pricing model becomes clear when an example is considered. In order to analyze and monitor a pump set, illustrated in the below figures, the customer would like to evaluate the following data points:

 

- 7x data points per motor x 3figure5.png

- 1x data point per pump x 3

- 1x data point flow meter

- 7x data point inverter

 

= 32 data points, numerical value

 

 

 

Since the transparent pricing model of MindSphere is based on the three points above, the costs for the special case are as follows.

 

figure7.PNG

 

pricingtotal.PNG

Comments
Enthusiast
Enthusiast

Would you kindly provide more info or example on the topic?

Community Manager Community Manager
Community Manager

Welcome to the MindSphere community @SEK

I try to shed some more light on the pricing model of MindSphere for you and extended the posting above. Please let me know if this answers your question or if something is uncelar.

Enthusiast
Enthusiast

Thank you @dvidflrmnd, yes of course this is much clearer and alot more informative,  thanks!

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