- On Tuesday, March 25, Googleannounced it was cutting on-demand virtual machine prices by 32 percent. Moreover, it announced what it called sustained-use discounts, in which the on-demand price is progressively lowered once a virtual machine is used for 25 percent of a given month. At full-month use, this discount reduces the cost for a virtual machine a further 30 percent. In addition, Google dropped the price for storage to 2.6 cents per GB per month. Finally, it indicated this was just the first of a series when it stated that its future prices would continue to drop in response to lower costs based on Moore's Law.
- A day later, Amazon Web Services announced a set of price reductions to EC2 and S3, along with cuts in other service prices. EC2 on-demand costs will go down around 35 percent, with reserved instance prices cut a further 30 percent or so. S3 prices were cut about in half, down to around 2.75 cents per GB/month.
- Not to be left out, Microsoft announced price cuts intended to match AWS prices. Azure virtual machine prices are down around 35 percent, and blob storage (e.g., S3-like storage) has been reduced 65 percent to around 2.75 cents per GB/month.
|
