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AWS EC2 General Price Cut

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Re: AWS EC2 General Price Cut

#51

Post by pests »

TechBro8615 wrote: post #38
abtinf wrote: post #27

Earlier quoted context omitted.

It's not just hyperbole, it's grossly unjust. Amazon quite rightly charge a higher price for some portions of AWS--transparently, up front, with tools to assess usage and estimate fees beforehand--because they created a product that many organizations believe provides extraordinary value. And for the sin of earning a profit through voluntary trade, a vocal minority of HN damns them every single time AWS is mentioned.…

Wait, are you saying it’s grossly unjust to criticize the pricing of Amazon’s cloud product? Just to be clear: Amazon is not paying a variable cost for how many bits are transferred over their wires. And the standard, prior to cloud, and still in colocation, was to charge for capacity (i.e. $/gbps) rather than transfer (i.e $/gb). They are making massive, massive profits by this pricing arrangement. The cost of susta…

"[...]disconnected from any actual cost basis[...]"

Not everything is priced based on the cost of it's inputs. In this case it seems to be what the market will bear.

Re: AWS EC2 General Price Cut

#52

Post by lostapathy »

lawrenceyan wrote: post #24
infogulch wrote: post #22

Hmm, given the uneven reductions between regions, I wonder if this is more of a move to balance (and increase) demand so that it more closely matches their supply. So then I guess the question is: why do they have excess supply?

Competing cloud service providers gouging away at what used to be an AWS monopoly that unfortunately for Amazon, no longer exists.

Alternatively, some regions are cheaper to add capacity to than others (either cap-ex and/or op-ex), so extra capacity gets steered there.

Re: AWS EC2 General Price Cut

#53

Post by doctorfoo »

SteveNuts wrote: post #47

I'm waiting for the day they announce bandwidth price cuts

this. the only way I can make profit with my web service is by using a third party low budget CDN as a caching layer. Even with that, S3 data transfer remains my biggest cost. if I could spare the time, I'd make a custom caching layer so that S3 is never hit at all except for upload, and is used only for disaster recovery.

Re: AWS EC2 General Price Cut

#55

Post by User23 »

doctorfoo wrote: post #53
SteveNuts wrote: post #47

I'm waiting for the day they announce bandwidth price cuts

this. the only way I can make profit with my web service is by using a third party low budget CDN as a caching layer. Even with that, S3 data transfer remains my biggest cost. if I could spare the time, I'd make a custom caching layer so that S3 is never hit at all except for upload, and is used only for disaster recovery.

Sounds like you just had a million dollar idea. Why not build it out and offer it to the many many other people in your position?

Re: AWS EC2 General Price Cut

#56

Post by toomuchtodo »

doctorfoo wrote: post #53
SteveNuts wrote: post #47

I'm waiting for the day they announce bandwidth price cuts

this. the only way I can make profit with my web service is by using a third party low budget CDN as a caching layer. Even with that, S3 data transfer remains my biggest cost. if I could spare the time, I'd make a custom caching layer so that S3 is never hit at all except for upload, and is used only for disaster recovery.

Backblaze B2 is what you’re looking for.

Re: AWS EC2 General Price Cut

#57

Post by thayne »

abtinf wrote: post #12
TechBro8615 wrote: post #7

Are they still extorting customers by price gouging bandwidth? Maybe one day I’ll wake up to news they’ve decided to charge for capacity instead of transfer.

> Are they still extorting customers... That is a contradiction in terms. According to the OED: Extort means to "obtain (something) by force, threats, or other unfair means." Customer means "a person or organization that buys goods or services from a store or business" Thus, extortion is a coercive relationship--we call the target of extortion a victim, not a customer. The relationship of a vendor and customer is vol…

The grandparent's argument is that AWS is extorting the customer to remain a customer by making the cost of moving data out of AWS prohibitevly high. I don't think it is actual extortion (at least legally), since the egress prices are public, and you could argue if the customer had done due diligence they would have known the price when becoming a customer in the first place.

But if they had changed the price after a customer became sufficiently invested in AWS, that would be using "unfair means", to obtain the customer's continued business.

Re: AWS EC2 General Price Cut

#59

Post by jread »

SteveNuts wrote: post #47

I'm waiting for the day they announce bandwidth price cuts

AWS Lightsail is a possible workaround for bandwidth heavy simple workloads. The smallest $3.50/mo instance (t2.nano behind the scenes), comes with 1TB outbound bandwidth - equivalent of about $90 for the same in EC2 excluding the instance cost, and bundled bandwidth increases for larger types.

Re: AWS EC2 General Price Cut

#60

Post by adtac »

User23 wrote: post #55
doctorfoo wrote: post #53

Earlier quoted context omitted.

this. the only way I can make profit with my web service is by using a third party low budget CDN as a caching layer. Even with that, S3 data transfer remains my biggest cost. if I could spare the time, I'd make a custom caching layer so that S3 is never hit at all except for upload, and is used only for disaster recovery.

Sounds like you just had a million dollar idea. Why not build it out and offer it to the many many other people in your position?

You don't need to be a plumber to spot a leaky pipe
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