Cloud Computing: A Necessity, Not an Option

April 23, 2014 Off By David
Object Storage

Grazed from PCMag. Author: Michael J. Miller.

Competition is a wonderful thing. And the increased competition in cloud services – especially the intense battle among Amazon, Google, and Microsoft – is resulting in services and pricing that would have been hard to imagine just a few years ago. Over the past month, all three of the big players, plus a variety of smaller ones, have introduced new products and services for the cloud.

About a month ago, Google started this round of price cutting at its Cloud Platform Live event, where it cut prices on most of its services, some rather dramatically. Compute fees dropped by 32 percent, and standard storage prices went down to 2.6 cents per gigabyte per month. A similar drop in prices for its consumer product, Google Drive, gives you 1TB of storage for about $10 a month. That’s quite compelling…

More importantly was the company’s assertion that "We think cloud pricing should track Moore’s Law," which suggests that pricing decreases will continue…

Read more from the source @ http://forwardthinking.pcmag.com/none/322903-cloud-computing-a-necessity-not-an-option

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