Amazon Rings in the New Year With Cloud Price Cuts
January 6, 2016
Grazed from Fortune. Author: Barb Darrow.
Maybe it’s just a media thing, but it sure seems that the price-cutting frenzy that roiled the cloud computing market two and three years ago simmered down over the past year. But the lull may be over. On Tuesday, Amazon AMZN 0.07% Web Services kicked off 2016 with a set of price cuts to three of its bread-and-butter Elastic Compute Cloud (EC2) computing services.
The nitty-gritty details are here, but basically the public cloud giant is discounting three of its core Linux computing modules by about 5%. The reductions cover users running Amazon’s own version of the Linux open-source operating system. Customers who run Microsoft MSFT -1.62% Windows, or two other flavors of Linux from SUSE or Red Hat RHT -0.78% , will see smaller discounts…
In AWS cloud-speak, an “instance” is the equivalent of a server processor. Amazon sells (or rents) computing capacity by the hour on an “on-demand” basis which requires no up-front payment. Customers can also lock in bigger per-hour discounts by committing to a one- or three-year contract for what Amazon calls a “reserved” instance…
Read more from the source @ http://fortune.com/2016/01/06/amazon-new-year-price-cuts/