When evaluating pricing and rate information for model usage within SAP's Generative AI Hub, SAP recommends:
1. Adopting Best Practice Pricing Strategies:
Outcome-Based Pricing:Implementing pricing strategies that align costs with achieved outcomes ensures that expenditures are directly tied to the value derived from AI models.
2. Assessing Cost Against Expected Return on Investment (ROI):
Cost-Benefit Analysis:Carefully evaluating the expenses associated with advanced models in relation to the anticipated ROI helps in making informed decisions about model selection and usage.
Conclusion:
By adopting best practice pricing strategies and assessing costs against expected ROI, businesses can make informed decisions regarding model usage within SAP's Generative AI Hub, ensuring cost-effectiveness and value alignment.
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