Scalable usage metering for AI and DevOps companies. OpenMeter provides accurate billing integrations, real-time customer dashboards, threshold notifications, and usage gating. Available as Open Source and Cloud.
Hi PH! I'm Peter, founder of OpenMeter.
We're building a usage metering platform focused on real-time data problems.
Why? AI and DevOps companies need to meter large volumes of usage data. This data has to be accurate for billing and real-time for customer dashboard, messaging, and limit enforcement. Doing both accurate and real-time on scale is challenging.
If you provide usage-based pricing, have consumption limits, or need to ensure that cost stays within the margins, OpenMeter eliminates the heavy lifting of implementing:
1. 🚀Scalable Ingestion: Send millions of events per second
2. 🏎️Real-time Meters: Sub-second low latency reads on aggregates
3. 🎯Accurate Meters: For billing with reporting to providers like Stripe
4. 📊Customer Dashboards: Consumer portal and tokens with React hooks
5. ✉️Threshold Messaging: Trigger customer emails or Slack notifications
6. 🚧Avoiding Overages: Real-time usage limit enforcement
7. 🛶Usage Lake: Source of truth for cost and margin analysis.
What's our backstory? While working at Stripe, I realized it is challenging to collect and store usage data from all the different components due to the lack of standardization around metering. While having good data quality was critical to working with Finance and Efficiency, collecting, aggregating, and analyzing usage took a lot of time and effort. As APM metrics are not accurate enough (due to sampling, interpolation, and scraping intervals) and expensive to store time series data long term, we decided to launch a stream processing solution. In 2023, we joined YCombinator, and as we started to dig deeper, it became clear that this was just the tip of the iceberg. Companies with usage-based pricing face challenges from engineering to finance, from product to sales.
We launched OpenMeter as an Open Source project to change the status quo because we believe standardization is only possible as a community. We want to do this together, with you.
What issues have you had with usage metering? I would love to hear your ideas, experiences, and feedback on any and all of the above.
Thank you, @aneeq_naeem! Today, the main integration point is via the API and SDKs. We have a few examples for DevOps and AI workflows in the repository: https://github.com/openmeterio/o.... In the meantime, we're working on out-of-the-box LLM support, an OpenTelemetry collector, and other solutions for easier integration for common use-cases.
Thanks @andrewphilip!
Open Source is a great way to innovate. We hope OpenMeter can become the platform where people in the usage metering domain collaborate to build a standard for ingesting usage data.
I'd also love to see the community building their integrations with OpenMeter (either to ingest data or to report it to their systems). I envision some sort of marketplace where people can share their integrations with others so they don't have to reinvent the wheel.
The Open Source community is also a great place to get feedback and validate ideas, so we will definitely do that more in the future.
Feel free to reach out to us if you have any ideas or would like to get involved in the OpenMeter community.
As usage-based pricing is becoming the norm, doing metering and usage-based billing well is increasingly important. As a product person, time to market is everything to me and (if I can help it) I do not want to re-invent the wheel building metering and billing from scratch. Proprietary solutions for this problem already exist, but OpenMeter is the first open-source approach to this problem that I've seen. Very interesting - I'll definitely be checking it out.
@tbragin, I agree; more and more companies are moving into UBP, and everyone is still building their metering solution in-house and figuring out how to do live customer dashboards and accurate billing simultaneously. We aim to standardize collecting and accessing metered usage similarly to how the industry did with OpenTelemetry for observability metrics. We believe there should be a metering standard. OpenMeter is the blueprint and the path to this standardized future.
I've been using OpenMeter for our AI projects, and it's been a game-changer in managing usage metering and billing. The real-time dashboards and threshold notifications are incredibly useful for keeping track of our resource usage. The fact that it's available as open-source is a huge plus, allowing for customization to fit our specific needs. I highly recommend it to any DevOps or AI company looking for an efficient and scalable metering solution.
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