Editor’s Note:

Today, Amazon posted a blog announcing lower prices for Amazon S3 and Amazon EBS (Elastic Block Storage). Many online backup service providers use Amazon’s infrastructure and these price reductions will be welcomed by many.

It seems that storage costs are getting cheaper by the day, and Amazon has taken notice of this trend and finally has given some break to its clients.

Announcing New Amazon EC2 M3 Instance Sizes and Lower Prices for Amazon S3 and Amazon EBS

Jan 21, 2014

We are excited to announce the availability of two new Amazon EC2 M3 instance sizes, m3.medium and m3.large. We are also lowering the prices of storage for Amazon S3 and Amazon EBS in all regions, effective February 1st, 2014.

Amazon EC2 M3 instance sizes and features: We have introduced two new sizes for M3 instances: m3.medium and m3.large with 1 and 2 vCPUs respectively. We have also added SSD-based instance storage and support for instance store-backed AMIs (previously known as S3-backed AMIs) for all M3 instance sizes. M3 instances feature high frequency Intel Xeon E5-2670 (Sandy Bridge or Ivy Bridge) processors. When compared to previous generation M1 instances, M3 instances provide higher, more consistent compute performance at a lower price. These new instance sizes are available in all AWS regions, with AWS GovCloud (US) support coming soon. You can launch M3 instances as On-Demand, Reserved or Spot instance.

To learn more about M3 instances, please visit the Amazon EC2 Instance Types page:

Amazon S3 storage prices are lowered up to 22%: All Amazon S3 standard storage and Reduced Redundancy Storage (RRS) customers will see a reduction in their storage costs. In the US Standard region, we are lowering S3 standard storage prices up to 22%, with similar price reductions across all other regions.

The new lower prices can be found on the Amazon S3 pricing page:

Amazon EBS prices are lowered up to 50%: EBS Standard volume prices are lowered up to 50% for both storage and I/O requests. For example, in the US East region, the price for Standard volumes is now $0.05 per GB-month of provisioned storage and $0.05 per 1 million I/O requests.

The new lower prices can be found on the Amazon EBS pricing page:

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