Here is the latest report from the Amazon, that they have recently cut the cost of its S3 Cloud Storage Service for users of its small and medium storage tiers, passing on a minimum 10% saving to new and existing subscribers. And, this report is reported by our one of the sources like The Next Web and according to them “It says that as it continues to innovate and drive down Cloud storage costs, it is able to pass along the resultant savings to its customers at every available opportunity”. With that in mind, all Amazon S3 standard storage customers will see a reduction in their hosting costs:
For instance, if you store 50 TB of data on average you will see a 12% reduction in your storage costs, and if you store 500 TB of data on average you will see a 13.5% reduction in your storage costs.
