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AWS announces per minute pricing for EC2

Published 09/18/2017, 03:26 PM
Updated 09/18/2017, 03:26 PM
© Reuters.  AWS announces per minute pricing for EC2
  • Amazon (NASDAQ:AMZN) Web Services takes on its competitors by announcing pricing by the second for EC2 instances.
  • AWS originally charged by the hour but changed after Google’s cloud started charging by the minute in 2013 with Microsoft (NASDAQ:MSFT) Azure quickly adopting the same pricing strategy.
  • Microsoft does have its own per second pricing but only for containers, not virtual machines.
  • Amazon held 30.3% of the cloud infrastructure services market in Q2 compared to 13.8% for Azure and 5.9% for Google (NASDAQ:GOOGL), according to Canalys.
  • The new AWS pricing only applies to Linux virtual machines and has a 1-minute minimum.
  • Amazon shares are down 1.32%.
  • Previously: Microsoft announces cloud container tool to take on Google (July 26)
  • Now read: Amazon Acts Against Its Greatest Threat

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