Google has announced a fresh batch of price cuts to its cloud computing services in a bid to undercut competing providers.
Urs Hölzle, Google's senior vice president of technical infrastructure, announced the cuts in a Pay Less, Compute Moore blog post, promising that they will make the services up to 30 percent cheaper.
"Starting today, we are reducing prices of all Google Compute Engine Instance types as well as introducing a new class of Preemptible Virtual Machine [VM] that delivers short-term capacity for a very low, fixed cost," wrote Hölzle.
"When combined with our automatic discounts, per-minute billing, no penalties for changing machine types, and no need to enter into long-term, fixed-price commitments, it's easy to see why we're leading the industry in price/performance."
The cuts focus on Google's Compute Engine service and mean that a micro instance on the Google Cloud Platform will now cost from $0.006 per hour in regular use.
Hölzle said that the cuts make Google's services significantly cheaper than those from competing cloud vendors such as Amazon and Microsoft.
"Google Cloud Platform costs 40 percent less for many workloads vs other public cloud providers," claimed Hölzle.
Google announced a beta ‘preemptible instances' feature alongside the price cuts, which aims to make instances 70 percent less expensive by adjusting systems to use idle resources in Google's data centres.
"Preemptible VMs are identical to regular VMs, except availability is subject to system supply and demand," explained Hölzle.
"Since we run Preemptible VMs on resources that would otherwise be idle, we can offer them at substantially reduced costs.
"Importantly, unlike other clouds' Spot Instances, the price of Preemptible VMs is fixed, making their costs predictable."
The cuts follow moves by Google to reduce the cost of its cloud platform. Google announced a wave of price reductions throughout 2014, including a 10 percent cut in October.
Hölzle said that the reductions will continue in the foreseeable future, but warned that exact savings will vary between customers.
"We have continued to lower our pricing since Google Compute Engine was launched in November of 2013. Together, these price cuts have reduced VM prices by more than half," he wrote.
"Your exact savings depend on your specific application, and may be even greater than what is shown here."
Google has provided a TCO Tool to show the impact of the price cuts on specific workloads.
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