What Does Measured Service in Cloud Computing Mean?
Measured service is a delivery model in which a utility provider monitors how much of a particular service each customer consumes within a designated time period. Measured services give the provider insight into resource consumption and provide customers with transparency into how they are billed for the services they consume.
Techopedia Explains Measured Service in Cloud Computing
The idea of measured service is one of five components of a definition of cloud computing supported by NIST (National Institute of Standards and Technology). The other four components are rapid elasticity, resource pooling, on-demand self-service and and broad network access.
