Amazon Battles New Pricing Models In The Cloud Computing Market
Grazed from NASDAQ. Author: Editorial Staff.
Amazon ( AMZN ) is widely believed to be the market leader in cloud computing market and competes directly with Google ( GOOG ), Microsoft ( MSFT ), IBM ( IBM ) and HP ( HPQ ). Amazon’s pricing model of charging by the hour has been challenged by a new service ProfitBricks, which bills by the minute. The per minute service would be particularly attractive to companies or applications with constantly fluctuating computing/traffic requirements. Recently, the company announced an online marketplace where users of its cloud computing services can sell their reserved server instances to other companies. We expect the marketplace to help the company somewhat offset the threat posed by the bill by minute model.
Amazon Web Services (AWS) offers its users reserved instances, which allow them to lower their cloud costs by making a one-time payment to reserve computing capacity for a specified time period and receive a discount on the hourly rates. The online marketplace would allow users to move their instances across AWS Regions, change it to a new type or sell capacity for projects that ended before the completion of their term. The AWS management console will be the gateway for these transactions…


KineticD, known for its cloud backup and data recovery services for small and mid-sized businesses (SMBs), today announced that Mike L. Chase, aka "Dr. Cloud", CEO and co-founder of tamCloud has chosen KineticCloud Backup for Servers to provide customers with a cost-effective hot "failover" option to tamCloud datacenters while keeping a copy of client data in the KineticCloud for redundancy and data protection.