In Cloud Computing, It Pays To Commit
Grazed from Forbes. Author: Paul Miller.
451 Research recently released the latest update to their Cloud Price Index. The basic cost of renting from one of the big public cloud providers* has fallen just over 2% since the Index began in October 2014. For those who are willing to commit to buying cloud-based resources for months or years at a time, prices fall dramatically: 451 Research reports a 44% saving over the on-demand price, in the best case.
At a time when commentators have cited recently announced increases to Microsoft’s pricing in some regions, 451 Research’s numbers indicate that — overall — the downward trend in cloud pricing continues. A 2% fall in 10 months is hardly a ‘race to the bottom,’ but the direction appears inexorably downward. This is not a surprise…


Tech giant Google recently announced that it is joining the OpenStack Foundation in its plan to upgrade its own cloud computing platform. OpenStack Foundation is the governing body that supervises the use of OpenStack, a free cloud-based program that counts some of the biggest names in technology as its member including Intel, HP and IBM.