Keep consumption under predefined commits
As actual IP transit providers rarely price bandwidth at a simple flat rate, a common pricing model is to offer tiered levels of bandwidth with a minimum commitment and a higher burstable amount. Thus, companies pay the same amount regardless of usage up to a certain point, beyond which they would incure higher bandwidth prices at peak times. Burstable pricing means that transit costs are related to how much bandwidth a customer is actually using relative to its contract with the provider. Noction IRP addresses this by incorporating billing structures into its policy models, in order to adjust and keep predefined bandwidth commit rate levels for each provider link.