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Amazon S3 Customers Now Benefit From Economies of Scale
by Mark Hendrickson on October 9, 2008

Amazon has introduced a tiered pricing scheme for S3, its cloud storage service, that will take advantage of increasing economies of scale and go into effect November 1st.

Currently, American customers pay $0.15 for each gigabyte of data they store each month. With the new scheme, this will remain the price only for users who require less than 50 terabytes of storage. Once demands exceed that level, pricing drops to $0.14 and then $0.13 per gigabyte-month, and then settles at $0.12 for customers who need to storage over 500 terabytes of data.

Data transfer costs remain unaffected, as do those of simply making requests to S3. A similarly tiered scheme for storage will be made available to European customers, with pricing starting at $0.18 per gigabyte-month.

As part of the pricing announcement, Amazon has revealed that S3 currently stores over 29 billion objects with peak usage rates of 70,000 storage, retrieval and deletion requests per second.

Comments rss icon

  • I wonder if using RSS feeds from Amazon will help publishers boost their SEO…lol

  • Just a small correction: Price schemes are not related to customers location (usa vs europe). It depends only on storage location - ie An American customer may store files on S3 Europe.

  • Amazon continues to push the edge of the envelope in both service and pricing. They are delivering true web services more widely and effective than anyone else.

    As a firm that makes extensive use of S3, ElephantDrive is very encouraged by the continued progress coming out of Amazon Web Services.

    Michael Fisher
    http://www.elephantdrive.com

  • Wow, if you need half a petabyte storage, you are insane. That’s like a Google data center. Well maybe not quite that much. But it’s still insane.

    • A “1TB” disk costs less than $100 retail so 50TB is less than $50k retail.

      It may be insane, but it’s surprisingly affordable. (At 0.15/GB-month, they recover the price of the drives in around 6 months.)

  • Waiting for the traffic so that I can move to the next tier :-)

  • Amazon is definitely leading the way by providing cloud storage for companies, however, I as a competitor to Amazon S3 feel that their prices are still way too high. The cost of hard drives have dropped significantly yet (a 1TB SATA HDD now costs $100 on newegg, it used to cost $200 about 6 months ago) and Amazon only managed to reduce the costs for their top tier customers.

    My company, MyBloop, offers storage for businesses at much lower prices than Amazon S3. We’re based in the NY/NJ area and are expanding within our area first. Our service is fast (dedicated pipes to prevent fluctuating speeds in downloads as in S3), reliable (data centers in NY and expanding to NJ), and we’re green. We hand build all our machines to make them as cost effective and energy efficient as possible.

    We’re expanding our program to a couple other businesses slowly as we grow our efforts. We’re no Amazon right now in terms of sheer size however we’re making good progress by offering all of the above as well as better prices than Amazon S3.

    Having said that, if any businesses out there are finding S3 to be too expensive and would like to test out migrating small amounts of their data over to our faster service, please send over an email at fitim@mybloop.com. We’ll be opening it up for public signup in the short future.

    Thanks.

  • ON AMAZON it is wise to remember that those new figures are TBs, not GB levels, so to even start saving money you need 50TBs of storage. That is already $7,680 per month.

    To get to the 500TB level for .12 pricing, that is $61,440 per month.

    I just found much better and faster service at http://www.SimpleCDN.com. They’re about half the price, much less than anyone else and they have brand new hardware and SSD on their edge servers. Plus you can try them for FREE. Check it out. So long Amazon.

  • Thanks for the linkback Mark.

  • Hopefully they release a personal user option that’s even cheaper…

  • Are you looking for a seemless way to access your Amazon S3 storage as a local file system? If so, check out http://www.subcloud.com for the solution. It works great.

  • On behalf of the locator dude:

    CloudLocator.com

    Nuff said. LOL.

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