Cloud Computing: Here’s A Peek Inside Amazon’s Culture Of ‘Frugality’

Grazed from BusinessInsider. Author: Julie Bort.

Last month, when three major cloud-computing vendors all cut their prices — Google, Microsoft, and Amazon — the news was great for their customers but hardly news at all. That’s because this was the 42nd time that Amazon has cut prices for its cloud-computing service since 2008.

Microsoft has vowed that it would never let Amazon be less expensive and would match every price cut with one of its own. Google, with its own massively huge data centers, is also willing and able to play the price-cutting game. But no one does price cutting like Amazon. Its ethic of being frugal is literally one of the company’s 14 "Leadership Principals," which it explains like this:..

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