Cloud Price Wars: Good News, But Only on the Surface
This is an amazing time in cloud computing. Recently, we’ve seen dramatic reductions in the price of public cloud with Google and Amazon engaged in a high-stakes arms race to the bottom. How low can they go?
First came Google, with price cuts ranging from 32 percent for compute to 68 percent for storage. Back came Amazon, with reductions of 30-40 percent for compute and 51 percent, on average, for storage.
As Infoworld cloud computing blogger David Linthicum wrote, the two largest public cloud vendors are like a couple of carnival barkers, “standing on the sides of the strand, shouting out lower and lower prices for their services of luring major enterprises to their tents.” Continue Reading…