Cloud Computing: Box CEO – Storage to become ‘Free and Infinite’
November 10, 2014
Grazed from CloudWedge. Author: Sean Shado.
Since cloud computing has gained stream, there is an industry wide “Race to zero” in regards to price. Cloud services keep getting cheaper and many analysts wonder if some cloud services will be free by default. If you caught some of the sound bytes Box’s CEO Aaron Levie last week, Levie goes on to mention that he sees “A future where storage is free and infinite.”
It’s starting to seem as if Cloud’s Big 3’s pricing competition has put pressure on other vendors to drop their prices and because of this, we are seeing what could be described as survival of the fittest within the cloud market. When public cloud first hit the scene in the mid 2000s, storage, compute and other IaaS services were heralded as being the darling of cloud computing…
Since then, vendors such as AWS, Google and Azure have each cut their prices over 40 times. If this trend keeps happening, vendors will no longer see IaaS as a profit stream; they will see if as a necessity that must be offered freely or cheaply in the future…
Read more from the source @ http://www.cloudwedge.com/4891-box-ceo-storage-to-become-free-and-infinite/