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Google Starts Offering Low-Cost Cloud Service

Google Starts Offering Low-Cost Cloud Service

Enterprise & IT Mar 11,2015 0

Google has just unveiled a new low-cost storage feature for its cloud service as the web giant is trying to catch up with market leader Amazon.com. The Nearline product lets Google's customers buy storage for less-urgent files at a 1c/GB, less than the 2.6 cents for traditional storage. Under the new program, data takes about 3 seconds for response times -- compared with less than 1 second for the more expensive option.

With the new service, Google is trying to compete with Amazon?s low-cost "Glacier" storage product, which charges customers similar prices yet can make them wait for a couple of hours to access.

Amazon had about 30 percent of the cloud storage industry in the fourth quarter, compared with Google's estimated 5 percent, according to Synergy Research Group.

Tags: cloud computingGoogle
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