Google: The cost of hardware is falling at a faster rate than the price of cloud
August 19, 2014
Grazed from Network World. Author: Brandon Bulter.
About a year ago there was a big hub-bub about cloud pricing wars. It seemed like every couple of weeks one vendor or another in the public cloud IaaS market was dropping their prices. When one company did it, others seemed to follow suit within days, and sometimes even hours. It’s been a back and forth, cat and mouse game. Who can keep the lowest prices?
Google has hit the road this summer to show off its cloud, and at the company’s recent event in Boston one of the members of the Google cloud platform team, Dan Belcher, made an interesting statement: He said that the price of hardware that powers the cloud is falling at a faster pace than the price of cloud computing services are dropping…
The idea is that because of Moore’s Law, computing power is increasing as price decreases. Basically vendors are getting more bang for their hardware buck. Some of those savings are being passed along to consumers, but Google says it’s not happening in parallel…
Read more from the source @ http://www.networkworld.com/article/2466146/public-cloud/google-the-cost-of-hardware-is-falling-at-a-faster-rate-than-the-price-of-cloud.html