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Following the footsteps of its main cloud service competitors Amazon and Google, Microsoft has slashed its prices on its cloud based computing and storage services. The prices of cloud based computing services has been cut by 35%, while the cost of cloud based storage services has been cut by 65%. Microsoft has been planning for quite some time to cut cloud services pricing in order to take on the cloud services provided by Amazon. Even after the 65% cut in cloud storage costs, Microsoftai??i??s Azure cloud storage costs have just matched the costs of cloud storage services provided by Amazon.
Microsoft Azure general manager, Stephen Martin, made this announcement of price reduction in his blog post. He also added that there were two important factors that had an impact on the price reduction decision. One factor was innovation and the other was quality of cloud storage and computing services offered. Martin has also mentioned in his blog that Microsoft is adopting a region based pricing for their cloud offerings. Azure cloud storage prices have seen different price reductions in different regions across U.S. and Europe including U.S. East, U.S. West, U.S. South Central and EU north. Similarly, Azure has different prices for Asia Pacific East and South East regions.
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