Google Cloud Platform price reductions

google-cloud-engineGoogle announced this week that following last year’s commitment that Google Cloud Platform prices will follow Moore’s Law, will reduce prices of virtual machines by 5 to 30%.

Under the new pricing model, cloud compute instances will be cut anywhere from 5 per cent to 30 per cent in US, and similar in Europe and Asia.

google-pricing

Google is also offering a new option for standard VM instances ‘Preemptible VMs’, the new allowing users to set up a standard one-node VM for $0.015 per hour. The service will utilize idle compute nodes during low-activity hours, a feature that Google credits with helping to keep the cost of the service down.

Read the announcement on  Google Cloud Platform Blog.

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