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Microsoft is cutting the cost of its Windows Azure Storage product by up to 28 per cent from 12 December, nine months after it last dropped the price.
The Redmond giant said in a blog post this price reduction extends its commitment to offering users value for money.
The announcement comes just ten days after Google and Amazon began cutting the cost of their own cloud storage offerings.
Azure pricing now begins at $0.095 (£0.059) per gigabyte per month for the first terabyte for geographically redundant storage, or $0.070 (£0.043) for locally redundant storage. The new pricing scheme puts Azure more or less level with Amazon in terms of cost, with Google coming in lower following the price cut it made on 29November.
Steven Martin, general manager of Windows Azure business planning, said: “We recently announced deployment of a flat network for Windows Azure across all of our data centres to provide very high bandwidth network connectivity for storage clients...We also announced increased scalability targets for Windows Azure Storage and continue to invest in improving bandwidth between compute and storage.
“Our continued commitment to reduce costs and increase capabilities seem to be resonating with our customers based on tremendous growth we are seeing. We have over 4 trillion objects stored, an average of 270,000 requests processed per second, and a peak of 880,000 requests per second,” Martin concluded.