Microsoft is cutting off their prices for the Azure Cloud. The price of its compute drops by 35 percent while the storage drops to 65 percent.

According to Microsoft Azure General Manager, Steven Martin, economics are the primary driver for the customers adopting cloud. Microsoft stands by this commitment to match prices and be best-in-class on price performance.

Microsoft sees price as just one factor in determining whether a customer will use Azure or not. Price competition is heating up in the cloud space which are largely led by Amazon and Google who many would describe as Microsoft’s most fierce cloud competitors.

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