San Francisco: Google Inc. unveiled
price cuts for its cloud-based computing services, as the company seeks to
attract business customers from Amazon.com Inc. and other rivals. The Mountain
View, California-based company is reducing the cost of some features, including
some storage, database and networking options, by 23% to 79%, it said today at
Google Cloud Platform Live, a conference for developers in San Francisco.
Amazon, Google and Microsoft Corp.
have been lowering prices for Web-based services this year as they compete for
customers in a market that was worth more than $45 billion last year, according
to researcher IDC.
Google last month said it was
cutting prices by about 10% on some of its cloud products. The reductions were
driven by declining hardware costs and greater efficiency at the search
provider’s data centres, the company said0
“We’re going to do everything we can
to unburden you,” Brian Stevens, Google vice president of product management,
said at the event. “We’ll continue to drive greater efficiencies and pass that
cost savings on to you.”
Google also unveiled updates to
other parts of its lineup, including new networking options for quickly
accessing its cloud and a new service that uses a technology called containers,
which give developers more flexibility as they build and ship applications.
This is the company’s third major
cloud-services conference this year, underscoring the investment Google is
making in the market. Last month, Google acquired Firebase Inc., a provider of
software tools, to help build a better platform for developing mobile
applications.
Source :Bloomberg
Shah Mohammad Abdul Qadir
PGDM 3rd Sem
IIMT college of Management.
Greater Noida, U.P.
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