Streaming cost control
Last updated: 19 January 2023
Cost control is an important consideration for businesses and organizations that use streaming services. By carefully managing their costs, businesses can ensure that they are getting the best value for their money and that their streaming services are operating efficiently and effectively.
Internal operational costs
The most important reason for cost control for streaming services is that it helps businesses to manage their internal operational costs, for architects, developers, and engineers. The costs of implementing and operating a full stack streaming service can be extremely high, with the risks of overspending, failure to meet deadlines, and failure to deliver a reliable, scalable, and future-proof service.
Streaming platform costs
Streaming services can require significant resources, such as cloud services. These costs can add up quickly and are hard to predict due to clouds micro payment models where you can have unexpectedly high invoices for services. By carefully managing their costs, businesses can ensure that they are not overspending on their streaming services and that they are getting the best value for their money.
Another reason why cost control is important for streaming services is that it can help businesses to reduce their traffic costs. Streaming services can generate a significant amount of traffic, and this can result in high bandwidth costs for businesses. By implementing cost-effective traffic management strategies, such as Multi CDN, businesses can reduce their traffic costs and improve the efficiency of their streaming services.
In addition, cost control is important for streaming services because it can help businesses to reduce their transcoding costs. Transcoding is the process of converting video and audio files into different formats, and it can be a resource-intensive process. By implementing cost-effective transcoding strategies, such as using low-cost transcoding engines or using cloud-based transcoding services, businesses can reduce their transcoding costs and improve the efficiency of their streaming services.
Finally, cost control is important for streaming services because it can help businesses to reduce their storage costs. Storing video and audio files can require significant amounts of storage space, and this can result in high storage costs for businesses. By implementing cost-effective storage strategies, such as using low-cost storage solutions or using cloud-based storage services, businesses can reduce their storage costs and improve the efficiency of their streaming services.
Overall, cost control is an important consideration for businesses and organizations that use streaming services. By carefully managing their costs, businesses can ensure that their streaming services are operating efficiently and effectively, and that they are getting the best value for their money.
5 tips on how to save money while streaming
1. Choose professional streaming services
While video platforms offer easier interfaces with pre-coded workflows compared to building a bespoke streaming workflow on a cloud or on-premises, they also limit the much-desired and often required flexibility and control. Jet-Stream Mix is a streaming workflow orchestration service, built into Jet-Stream Cloud. “The premise of Jet-Stream is simple: Other providers may force you into a particular workflow, but with Jet-Stream, you’re able to mix and match workflow components.”, says Nadine Krefetz from Streaming Media Magazine. You get the best of both worlds: full control over flexible workflows, without the need for running a team of architects, developers, and engineers. Jet-Stream Mix dramatically reduces your TCO.
Jet-Stream Cloud is purpose-built for streaming. It was designed for ultimate performance and uptime, and for low-cost operation. Many bundled streaming applications including the player, analytics, and security are bundled for free, unlimited. Bundles and transparent, competitive rates prevent high and unexpected cloud costs.
2. Use smart algorithms
Jet-Stream Cloud’s Multi CDN algorithms automatically select the cheapest distribution path, saving up to 40% in traffic costs, while guaranteeing extreme uptime and high Quality of Experience. Active load balancing, eight CDNs, active monitoring, and the ability to override and control distribution, and integrate third party QoE monitors, are all included. The service is bundled for free. Can you imagine the costs of implementing and maintaining such a service yourself?
3. Look for a service with a built-in streaming app
Transcoding services are built into Jet-Stream Cloud, at competitive rates. Instead of transcoding all your videos and streams automatically, you have full control over transcoding. You can either transcode yourself up to 8K or create custom transcoding profiles, up to 4K. You have full control over quality and costs, per individual video and live stream, not just for transcoding, also for storage and traffic. For 24*7 live streams, pricing is capped, and you don’t have to reserve capacity.
4. Use the service with the best offer
Jet-Stream Cloud’s storage platform is built for 8K performance, yet the pricing is competitive to average performance, shared cloud storage services. Large volume customers can opt for dedicated storage services and benefit from wholesale discounts. You can also integrate your own origin services with Jet-Stream Cloud and store your media yourself, so you have full control over storage costs.
5. Use powerful workflow orchestration and automation tools
Last but not least, thanks to our intuitive portal, open workflow orchestration philosophy and well-documented API, you can implement, automate and operate advanced streaming workflows at the lowest costs, without the need for internal resources or support from Jet-Stream. Of course team Jet-Stream is here to help, and we offer attractive support SLA’s to make sure that you can build and operate the most competitive and professional streaming service out there.
Your streaming costs depend on your decisions! Make the right choice.
Request a pre-recorded demo video and discover Jet-Stream at your own pace!