Yesterday New Relic announced adjustments to their pricing model, increasing Data Ingestion from $0.25 per gigabyte to $0.30 beginning on June 1, 2022. That 5 cents may not sound like much, but it's a 20% increase from the prior rate!

For companies like mine, the increase is not miniscule. Last month, New Relic ingested 21,680GB of data from our Cloud, costing $5,420. Under the revised rates, that same amount of data will now cost $6,504, a monthly difference of $1,084. That is not an insignificant increase during a year which is experiencing record inflation across the board.

Prior to the announcement, our sentiment was that we were already over-paying for the value that New Relic was providing, but this rate hike is now forcing us to reconsider our relationship with the vendor.

Are you using New Relic? I'd love hear your thoughts on the rate change & experience with the product!