Cloud Pricing Wars

Cloud ComputingIf you’ve been watching the news in the cloud industry lately, you’ll know prices for the major public cloud offerings toppled like dominoes a few weeks back.

We’re not talking token discounts either — reductions have shaved anything from 30-60 percent off services from Amazon, Google, and Microsoft Azure.

While it seems cloud computing users can only benefit, what will a price war do to the mid-tier providers who can’t possibly afford similar reductions?

Some cloud consumers are even asking why they were paying so much more before, if the new prices reflect true cloud costs.

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