Consumption Insights
Consumption Insights is a machine learning-powered feature that optimizes revenue through deep analytics on usage-based metrics, supporting users of usage-based pricing models.
Consumption Insights is a machine learning-powered feature designed to help your business optimize revenue by providing deep analytics on usage-based metrics. This feature supports usage-based pricing model users. By leveraging data-driven insights, you can accurately forecast revenue, identify top products and customers, and mitigate churn risk.
Key Capabilities of Consumption Insights
Overview Dashboard
- Provides a comprehensive snapshot of total billed usage trends.
- Includes historical data and forecasting and anomaly detection for the current and upcoming months.
- Identifies top 5 products and top 5 customers based on billed usage amounts.
Account Insights
Displays detailed usage trends for each customer account.
Opportunity Scoring ranks customers based on increasing usage patterns, highlighting up-sell or cross-sell potential.
Risk Scoring identifies accounts with declining usage, indicating potential churn risks.
Billed Amount Drivers
- Analyzes billed amounts by product or customer to uncover key revenue drivers.
- Provides insights into high-performing products and customers.
Forecasting & Anomaly Detection
- Predicts future revenue and usage trends using historical time series data.
- Identifies anomalies that may require business intervention.
- Enables proactive decision-making to maximize revenue opportunities.