Cloud Computing Price War Rages On
February 3, 2015
Grazed from CloudTweaks. Author: Editorial Staff.
There’s little question that the business world is a competitive place, but probably no area in business truly defines cutthroat quite like cloud computing. At the moment, we are witnessing a heated price war pitting some of the top cloud providers against each other, all in a big way to attract as many customers as possible. It hasn’t been easy, at least not at first.
Many companies have been slow to embrace cloud computing, citing unease with giving a third party access to sensitive data and other possible trade secrets. As a way to get past these fears, leading cloud vendors started slashing prices, setting off an intense race to see who can provide the lowest prices…
As companies overcome their wariness and move beyond confusion over what is cloud computing, they’ll be more likely to adopt the cloud for their operations, which may serve to intensify the price war. And with the trend going in that direction, it’s unlikely the price war will be ending anytime soon…
Read more from the source @ http://cloudtweaks.com/2015/02/cloud-computing-price-war-rages/