Cloud pricing for enterprises falls by two-thirds says TCL

Grazed from ChannelBiz.  Author: Antony Savvas.

Average cloud computing pricing for enterprises has “fallen by two-thirds” since 2014, but pricing is now starting to “stabilise”, according to research TCL (Tariff Consultancy Ltd) has published its Pricing the Cloud 2 – 2016 to 2020 report, which includes a survey of published cloud pricing from more than 20 top public cloud providers worldwide.
It is an update of the original TCL Pricing the Cloud report published in 2014 and reveals that average entry-level cloud computing pricing has declined by some 66 percent over the last two year period to November 2015.  Amazon Web Services AWSThe decline in cloud pricing “reflects in part the intense competition” between public cloud computing providers, and also the “rapid product innovation” that is taking place among the key worldwide platform providers, said TCL...
The market for cloud computing products “remains dominated” by AWS which has a quarter of the IaaS segment, followed by Microsoft Azure. “AWS has a record of consistent product innovation”, said TCL, with over 500 product features launched since 2008, and continues to provide new services, including a recently announced cloud service to support the Internet of Things (IoT).