Microsoft cuts cloud prices as competition intensifies

By | April 1, 2014

Scalper1 News

Not since the Rolling Stones first sang “Get Off Of My Cloud” have people been so protective of their clouds. Of course, today those clouds are of the Internet computing variety. On Monday afternoon, Microsoft (MSFT) slashed prices for its Azure cloud computing services to keep pace with price cuts last week by rivals Amazon.com (AMZN) and Google (GOOG). Microsoft’s price changes will take effect on May 1. “Consistent with our previously announced commitment to match Amazon (AMZN) on prices for commodity services, we are cutting prices on compute by up to 35% and storage by up to 65%,” Steven Martin, general manager for Microsoft (MSFT) Azure, said in a blog post. “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.” Price is one of three factors buyers of information technology should consider, Martin says… Scalper1 News

Scalper1 News