Amazon tries to lock in long-term cloud customers with price cuts |
Connect with TechFlash on our Facebook page for all the latest technology news headlines and commentary, plus information and access to special events, photos from events, promotions and more.
- Mobile payments: Tech titans move in, but consumers still trust banks
- Seattle ranks No. 1 in tech sector job growth
- Comcast follows Google and Intel, takes a hit on Clearwire deal
- Clearwire's stock tanks as Nokia exec calls WiMax a 'niche play'
- Handbag rental service Avelle cuts staff
- ITC sides with Microsoft in Motorola patent infringement case
Mass High Tech
Kindle News
- Seattle is nation's 13th most 'well-read' city, says Amazon
- Target confirms it will stop selling Kindle, other Amazon products
- U.S. sues Apple, book publishers for fixing e-book prices
- Publishing on the iPad: Displays, processors and licensing, oh my!
- Amazon's Kindle Fire eats into Apple's iPad tablet lead
Amazon tries to lock in long-term cloud customers with price cuts
Amazon.com is slashing the price of one of its core cloud-computing services to try to lock in more long-term users. The online retail giant is lowering the fee for "reserved instances" of its EC2 service by 30 percent. The reserved instances -- which let developers make a one-time payment to reserve cloud-computing for future use -- are part of Amazon's strategy to move cloud customers beyond the on-demand, pay-as-you-go model into more regular users.
Here's more from Amazon's announcement:
Starting today, we have lowered the one-time fee for all Amazon EC2 Reserved Instances by 30%. We continuously strive to be more efficient, and to pass cost savings on to you in the form of lower prices. With Linux Amazon EC2 Reserved Instances, you could reduce the cost of your instance usage by up to 56% compared to an On-Demand instance. When using Reserved Instances, you pay a low, one-time fee to guarantee capacity for each instance during a 1 or 3 years period. You then have the option to run that instance whenever you want, at a greatly reduced hourly rate.
Amazon Web Services evangelist Jeff Barr gives a further breakdown of the price cuts on the AWS blog.
Is this a response to Microsoft Azure or other competing cloud services?
Follow my updates on Twitter.
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
TechFlash Team
Recent Sponsor Posts
Follow, like, and connect to a broader audience for your company!
The Puget Sound Business Journal announces Social Madness: A Corporate Social Media Challenge, presented by Capital One Spark Business. This a local and national challenge that will spotlight the best social media programs of companies in 43 cities. The local challenge begins (following the nomination period) on June 1, 2012. The promotion will culminate in a national bracket challenge that will crown Social Madness champions in 3 categories based on company size. To see the official rules, visit http://www.socialmadness.com/rules.
For more information on how your company can participate, visit the nomination page here. Nominations are due May 15th.
BizDev Seminar Series - Leadership: Rallying People to a Brighter Future
Join us for this one-of-a-kind seminar series where you hear directly from the experts about hot topics to grow your business.
The skills to be effective as a leader can be learned. What are the skills and attributes needed to be effective top leaders? How do you tell what level your people are at, and what development skills each person needs? Workshop attendees will learn the answers to these questions and more.
Tuesday, May 17, 2012
8:30am - 10:30am
The Harbor Club, Seattle
Register here.
