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Amazon follows Google in slashing cloud computing prices

27
Mar
2014

Amazon.com Inc will drop prices on most of its cloud computing services starting April 1, the largest U.S. online retailer said on Wednesday, a day after rival Google Inc outlined a major price cut of its own. The price cuts range from 10 percent to 65 percent, Andrew Jassy, senior vice president of Amazon Web Services, told a conference for Amazon web developers in San Francisco. This marks the 42nd price reduction for AWS since its introduction eight years ago. AWS provides the underlying infrastructure for popular Web companies such as online movie streaming service Netflix Inc and social network Pinterest.

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