Amazon S3 Storage Gets a Price Cut

February 8, 2012, By Sanjeev Ramachandran

A data stat says that the number of objects stored in Amazon’s S3 service jumped 193 percent to 762 billion in the fourth quarter of 2011 from 262 billion for the year-ago quarter.

And, Amazon has no plans of stopping. On January 25, the company unveiled AWS Storage Gateway to help companies easily upload data from their on-premises storage to S3.

Now Amazon has announced that it is cutting S3 storage price for standard users. From February 1, a customer storing 50 TB of data will see a 12 percent price reduction for storage and a one with 500 TB of data will get a 13.5 percent reduction, according to AWS evangelist Jeff Barr who wrote on the AWS blog.

Barr said these lower prices are a byproduct of the scale achieved by Amazon Web Services in general and Amazon S3 in specific. Well, as Amazon’s cloud gets larger, storage gets cheaper for everyone.

So basically, the S3 has been hugely successful. And Amazon is moving up the infrastructure stack to offer higher-level services like its new DynamoDB database service. The company wants more businesses to put their data into the ecosystem, and subsequently make use of other Amazon services as well.

Good plan, it is!

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