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Amazon Announces S3 Storage Price Reduction

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Amazon Web Services announced a new pricing schedule for S3 storage that takes place immediately today, November 1rst.  Existing customers could see as much as a 19% reduction in monthly fees.  Amazon also created a new pricing tier at the 1TB level and have also deleted the current 50 – 100 TB tier.  Amazon says these pricing changes apply to the US Standard, EU – Ireland, and APAC – Singapore regions.

The full price list can be found on the Amazon Simple Storage Service (Amazon S3) page here .

AWS link: http://aws.typepad.com/aws/2010/11/what-can-i-say-another-amazon-s3-price-reduction.html

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Cloud Computing in Businesses – Insights from Financial Times Report

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Despite much of the hype around cloud computing and its promised ability to transform businesses, an article in Financial Times, Cloud computing in businesses shows how these technologies are redefining tax services’ business models.  The report published today provides insights into how ADP Tax Services Division can now profitably sell tax services to medium-sized companies for the first time.

Accessing New Markets With a Standardized Business Model

Standardizing their tax services and delivering them over cloud-based architectures has allowed ADP to entire markets that were not accessible before.  Previously, ADP  relied on a professional services model based on billable hours.  While very profitable in larger businesses, the billable hours model could never scale into the medium business market ADP sees as critical to their growth.

The report also discusses how IBM is revamping its cloud strategy and includes analysis of cloud adoption by Frank Gens of International Data Corporation (IDC).

Bottom line: What’s insightful about this report is that it concentrates on which business processes can be streamlined first and made more effective using cloud technologies.

Link:  http://www.ft.com/cms/s/0/c87b9e88-e53c-11df-8e0d-00144feabdc0.html?ftcamp=rss

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