Microsoft has announced in a blog post that it is reducing the cloud services prices by 27 up to 65 percent. The blog post reads:
“We recognize that economics are a primary driver for some customers adopting cloud, and stand by our commitment to match prices and be best-in-class on price performance.”
This has turned out to be a really fast paced war for pricing in the cloud computing sphere. Amazon reduced its pricing by up to 65 percent last week following Google who reduced pricing of cloud services by up to 85 percent.
Microsoft has reduced price of its “basic” general purpose virtual machine by 27 percent. And the biggest price cup has been announced for Zure’s Block Blob storage whose pricing has been reduced by up to 65 percent. The new pricing will take effect on 3rd April.
Amazon is the market leader in cloud computing with the highest cloud computing capacity.