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Technology Stocks : Cloud, edge and decentralized computing
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From: FJB3/26/2014 9:51:56 AM
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Glenn Petersen

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Google blows up cloud pricing; your move, Amazon

by Barb Darrow
15 HOURS AGO


photo: Shutterstock / Sergej Khakimullin


SUMMARY:After Google’ s cloud pricing moves, all eyes turn to Amazon Web Services.


So the most commonly heard comment at Google Cloud Platform Live was: How will Amazon respond? It has a chance to do so Wednesday at its Amazon Summit in San Francisco, just up the street from the Google event.

The quick story out of Google’s event Tuesday is it cut prices across most major services and all regions, for the moment robbing AWS of its low-cost provider championship. For example, Google standard storage is now $0.026 per GB, about a third of the price of Amazon S3, which comes in at about $0.076 per GB.

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