Public cloud computing pricing is becoming increasingly competitive
April 1, 2014
Grazed from CIOL. Author: Editorial Staff.
A new report by Tariff Consultancy Ltd (TCL) finds that public cloud computing pricing is becoming increasingly competitive, with price reductions averaging 10 per cent per annum, with private (dedicated) cloud services also seeing a decline in pricing – as new virtualized services with a high degree of automation are being made available even for the SME enterprise.
Cloud computing services are typically being offered on a per hour or a per GB basis for virtualized computing power, storage and bandwidth. Providers are offering services based on a simple hourly rate based on a per GB or per unit of computing power or per defined Computing Instance…
Providers such as Microsoft Azure and Google are reducing their core pricing in order to compete with Amazon EC2, the market leader in public cloud computing with up to five times the computing power of its competitors and revenues of in excess of USD $5 billion per annum – estimated for 2014…
Read more from the source @ http://www.ciol.com/ciol/news/212086/public-cloud-computing-pricing-increasingly-competitive
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