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Amazon Slashes S3 Storage Pricing

Amazon Web Services recently cut the price of its cloud storage service by as much as 19 percent.

The cuts affect users of the company's S3 storage service utilizing 500 Terabytes of capacity or less. The announcement was made by Jeff Barr, Amazon's Web services evangelist in a blog post.

AWS established a new pricing tier at the 1 TByte level and removed the 50 to 100 TByte level, according to Barr, "thereby extending our volume discounts to more Amazon S3 customers," he noted. The new pricing is as follows:

 

Old

New

First 1 TB

$0.150

$0.140 per GB

Next 49 TB

$0.150

$0.125 per GB

Next 50 TB

$0.140

$0.110 per GB

Next 400 TB

$0.130

$0.110 per GB

Next 500 TB

$0.105

$0.095 per GB

While it is arguable these price cuts are relatively modest, any movement in the right direction should be welcome news. Is cloud storage pricing still too high for widespread use or are providers offering services in a suitable range? Drop me a line at jschwartz@1105media.com.

Posted by Jeffrey Schwartz on November 09, 2010 at 11:58 AM