Why Did Amazon Cut Cloud Computing Rates? Part II (Continued from Part I) Of course, the explanation behind the price decrease may be as simple as economies of scale. After all, the amount of data stored in S3 did triple in 2011, marking its fastest year of growth since 2006. At the same time, the challenge posed by smaller, yet rapidly growing rivals cannot be discounted. Hence, this move may also have been to leverage its first-mover advantage to stave off competition. Even with the more recent EC2 price decreases, Amazon has described it as passing on cost savings to its customers. Amazon’s Jeff
jeff barr
Why Did Amazon Cut Cloud Computing Rates? Part II
by sourya on March 20, 2012
in Amazon, Apps, Cloud Computing, Companies, Computing, Google Cloud, IT, SaaS, Security, Storage, Technology, Tutorials
