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Storage: the crack cocaine of cloud computing

Storage price slashing continues as Microsoft meets cuts Google and Amazon traded last week. There’s method in this madness — lots of businesses have yet to test the cloud, and cheap storage is a way to attract those newbies. 

Microsoft is the latest cloud vendor to cut storage prices —  less than a week after Amazon and Google cut prices three times between them — those cuts conveniently timed for the AWS: Reinvent show.  Microsoft’s move, which takes effect December 12, cuts Azure storage prices by as much as 28 percent depending on volume, according to a blog post by Steve Martin, general manager of Windows Azure. 
The company last cut its storage prices 12 percent in March. With this latest cut, all three players are at the $0.095 mark for the first 1TB per month with some options and variability.

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