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AWS cuts S3 cloud storage prices

Amazon has lowered the cost of storing information in its datacentres.The price change, announced on Monday, shaves a few cents off the monthly cost of storing a gigabyte in Amazon Web Services's Simple Storage Service (S3) cloud.
Written by Jack Clark, Contributor

Amazon has lowered the cost of storing information in its datacentres.

The price change, announced on Monday, shaves a few cents off the monthly cost of storing a gigabyte in Amazon Web Services's Simple Storage Service (S3) cloud.

"With this price change, all Amazon S3 standard storage customers will see a significant reduction in their storage costs," Amazon's senior manager for cloud computing solutions, Jeff Barr, wrote. "For instance, if you store 50TB of data on average you will see a 12 percent reduction in your storage costs, and if you store 500TB of data on average you will see a 13.5 percent reduction in your storage costs.

Prices have been "lowered globally", an Amazon spokesperson told ZDNet UK on Tuesday.

AWS operates a tiered pricing policy, so as customers store more data, the cost per gigabyte goes down. For example, it used to cost $0.140 (£0.088) per GB per month for the first TB of data stored via S3 in US datacentres and now it costs $0.125. For the next 49TB it used to cost $0.125 per GB per month and this has now fallen to $0.110.

The cost of storing data in EU datacentres has fallen by the same amount, though prices have been cut to differing levels in other locations.

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