The industry-wide cloud services pricing curve have inclined downwards with respect to time. Courtesy to the big players like Amazon, Google & Microsoft, price cut is a routine phenomenon in this industry. Amazon Web Services is well known for its belief in the phrase “change is the only constant”. AWS has made frequent changes to its cloud service in recent years, from price cuts to tighter integration with private data centres, to accommodate the enterprise market and branch out beyond its original clientele of developers and start-ups. They had reduced their price 42 times over the past 8 years! At the same time, with huge amount of data available today, a lot of hidden, unearthed insights can be found for each and every industry. AWS Kinesis is an amazing platform to perform various operations on big data. There are also other third party tools to help you explore your data. Matt Wood, General Manager for data science, Amazon Web Services, said “One of the biggest trends is the augmentation -- not the replacement, but the augmentation -- of traditional business intelligence reporting with more real-time services. … Being able to use the two together is very empowering”.
In a recent conversation, Matt Wood, General Manager, AWS, spoke about cloud pricing, big data trends etc. To read, visit the following link: