Plans & Pricing
August 09, 2024
At PTZoptics, we believe in transparent and straightforward pricing. This guide will walk you through our pricing plans, how we calculate usage, and what you can expect from your monthly bill. Whether you're a new user or considering upgrading your plan, this article will provide you with all the information you need.
Our Pricing Plans
We offer three pricing plans to fit your needs and budget: Free, Standard, and Pro.
Feature
Free
Standard
Pro
Introductory prices
Free
$25/month or $270/year
$99/month or $999/year
Standard Price
Free
$55/month or $599/year
$145/month or $1595/year
Source Limit
1 Source
3 Sources
Unlimited
Local Usage
Unlimited
Unlimited
Unlimited
Included Source Usage
5 Hours / 300 Min
25 Hours / 1500 Min
99 Hours / 5940 Min
Auto-Tracking
N/A
1 Source
Unlimited
Cloud Overage Rate
N/A - Usage refills each month
$0.03
$0.025
Invite Editors
5 team members
10 team members
Unlimited
Invite Viewers
N/A - Force Upgrade
Unlimited
Unlimited
Create & Manage Multiple Studios
Yes
Yes
Yes
All license sales are Non-returnable and Non-refundable, and prices are subject to change.
Cloud Usage and Overages:
Cloud Usage is calculated based on the number of sources, minutes, and users in your studio. It's important to note that usage is only accrued in Cloud mode. Local mode has unlimited usage on all plans.
The formula is simple:
Usage = # of Sources * # of Minutes * # of Active Users
If you exceed your plan's included usage, you will be charged an overage fee based on your plan's overage rate. Overages on Hive are additional usage costs incurred when you exceed your plan’s included cloud usage limits. On the Free plan, users do not incur overages. Instead, exceeding the included usage limits results in a switch to local mode.
Plan
Included Usage
Overage Rate per Minute
Free
5 Hours
N/A
Standard
25 Hours
$ 0.03
Pro
99 Hours
$0.025
Usage Examples
To help you better understand how usage is calculated and how it affects your billing, here are a few hypothetical scenarios:
Scenario 1: Small Team Produces 4 times per month
-
Plan: Standard
-
Sources: 2
-
Users: 3
-
Productions: 4
-
Production Length: 60 minutes
Usage Calculation: 2 Sources * 3 Users * 4 Productions * 60 Minutes = 1440 Minutes
In this scenario, the team would be within their included usage of 1500 minutes and would not incur any overage charges.
Scenario 2: Large Team on Pro Plan with Overages
-
Plan: Pro
-
Sources: 4
-
Users: 4
-
Productions: 5
-
Production Length: 90 minutes
Usage Calculation: 4 Sources * 4 Users * 5 Productions * 90 Minutes = 7200 Minutes
The Pro plan includes 5940 minutes of usage. In this scenario, the team has used an additional 1260 minutes, which would calculated as followed:
1260 Minutes * $0.025/minute = $31.50
This $31.50 overage charge would be added to their monthly bill of $145, for a total of $176.50
Tips and Best Practices
- Service Restriction for Free Plan : Upon reaching the included usage limit, Free plan users are switched to local mode and cannot accrue overages.
- Monthly Billing of Overages : Regardless of whether you're on a monthly or annual billing cycle, overages are billed monthly.
- Update Payment Methods : Ensure your payment information is up to date to avoid service interruptions due to unpaid overages.
- Consider Plan Upgrades : If you frequently exceed your included usage, consider upgrading your plan to one with a higher included usage limit and lower overage rates.
- Use Local Mode : For all plans, remember that local mode does not accrue any usage or overages, offering an alternative when you’ve reached your limit.
- Non-refundable: All license sales are final and non-refundable.
Upgrading or Changing Your Plan
As your needs change, you can easily upgrade or downgrade your plan. For more information on how to upgrade and change plans, please checkout the help desk article here.
We hope this guide has provided you with a clear understanding of how Hive's pricing works. If you have any further questions, please don't hesitate to reach out to our support team at support@ptzoptics.com