
Google Cuts Cloud Computing Prices Up To 30 Percent
This drop in price comes just weeks after Amazon surprised investors by announcing that its similar AWS cloud computing platform generated $4.6 billion in sales and $265 million in profit. Amazon Web Services (AWS) is currently the largest provider of cloud computing services. However, Google stated that this price cut is actually just following through on last year's commitment to have its cloud pricing follow Moore's Law.
According to the company's pricing calculator, with the cuts, the cheapest Micro instance running 24 hours per day would cost $4.09 for a month, or a $0.006 effective hourly rate, while the cheapest High CPU price would be $38.84 per month, or an effective hourly rate of $0.053.
Google announced that price reductions in Europe and Asia were "similar."
According to the company, combined with features such as per-minute billing and automatic discounts, these new prices make the Google Cloud Platform up to 40 percent less expensive than its competitors for many workload types. With these latest pricing cuts, Google claims to have driven down computing cost by more than 56 percent in the last 24 months.
For new customers exploring the company's offerings, Google Cloud Platform offers a free trial in the form of a $300 credit for up to 60 days.
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