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Tue, Jul 25, 2006 18:54 EDT
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Posted by: Michael Jung Blog: Venture Watch
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It's not as crazy as you might think...
Amazon.com’s S3 storage web service is proving to be quite a hit amongst the very early stage start-ups. Despite my early skepticism, the growing number of early-stage start-ups signing up for Amazon S3 indicates that something big is afoot. One of the reasons for the growing popularity of S3 is because the service is optimized for developers and offers REST/SOAP access to its system at pretty affordable prices. Amazon currently charges $0.15 per gigabyte of storage per month and $0.20 per gigabyte of data transferred.
GigaOM : » StartUps Embracing Amazon S3
OK, so maybe we aren't quite there yet, but if you fast forward about 10 years from now, who will likely be the lowest cost providers of compute and storage? Those with massive scale: Google, Yahoo, Amazon and, of course, Microsoft...