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Amazon launches cloud database with analytics tools, lowers S3 pricing

Brandon Butler | Nov. 29, 2012
At its first user conference, called AWS re: Invent, Amazon Web Services today launched its newest cloud-based service, called Redshift. Meant to be a petabyte-scale data warehouse, AWS officials say Redshift allows businesses to drop their data warehousing costs by 10 times compared to on-premise systems.

Gartner's Adrian says he expects businesses of all sizes to aggressively investigate potential use cases for Redshift, but traditional concerns around what sort of data business are comfortable storing in the cloud vs. on their own premises will persist.

In addition to Redshift, the other major announcement from the first day of AWS's user conference was another price reduction, this time for its S3. This follows a drop in prices for EC2 instance types just a few weeks ago. S3 instances dropped on average by 25% across the board. Up to 1TB of data stored in Amazon's cloud has dropped in price from $0.125 to $0.095 per GB, a 24% drop. Up to 4,000 TB of storage dropped in price from $0.08 to $0.060, a 25% drop.

 

 

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