In today's marketplace, streaming has become an important commodity for any company using video to communicate its message. Unfortunately, the way companies charge for streaming is nearly incomprehensible to anyone but the serious geek. And even then, it is unlikely anyone can actually calculate the cost of streaming.
Streaming charges are normally split between disk space fees and bytes transferred over the wire. If you have a 15 minute video and people watch, on average, 10 minutes of the video, how many bytes did you transfer? If you answered 2/3 of the total length of the file, you are wrong. There is protocol overhead to consider as well as handshake cost, extra buffering, etc. In some adaptive protocols, the amount of data transferred depends on what data rate the client can accept, and it allows for dropped frames. The result is a mess for someone trying to determine their needs. And we have not yet talked about storage costs, mirroring, etc...
Veotag has taken a different approach, more along the lines of what the telephone companies do (but without the hidden charges). When our business customers pay us for streaming, we charge them by the minute of viewing. We also shop around for the best price on streaming and pass on our market efficiency to our customers. We take responsibility for making it easy for our customers to understand what they are paying for.
Veotag believes that charging by the minute dramatically simplifies the calculation of a client's needs and makes it easier to understand what is happening. In addition, our advanced reporting provides our customers with reports that show statistics on the usage of their video that makes it possible to analyze how the video is being used.