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Compute Engine VMs Cost Optimization with Suspend/Resume
Recently, Google announced the general availability of the Suspend/Resume feature for its Compute Engine VMs. The feature provides customers better control over Google Cloud resource consumption.
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Growing Concerns among Developers about Google Cloud Price Increases
Google Cloud recently announced changes to their pricing models, with storage and data transfer costs mostly affected. Many experts in the cloud community have been raising concerns about architectural implications and the end of a long term "prices never go up" cloud tenet.
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Customizable Pricing and Cost Visibility with AWS Billing Conductor
Recently, AWS announced AWS Billing Conductor, allowing enterprises to quickly provide customizable pricing and cost visibility for their end customers or business units. The service does not impact the billing and invoicing relationship between customers and AWS, as it is intended for enterprises that have specific showback and chargeback needs.
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Cloud Spanner Introduces Committed Use Discounts
Google Cloud recently announced the launch of Committed Use Discounts (CUDs) for Cloud Spanner. The option triggers a 20% to 40% discount on the on-demand price of the managed relational database in exchange for a commitment of one or three years.
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Amazon S3 Adds New Storage Class for Long-Lived Data and Simplifies Access Management
During the latest re:Invent Amazon announced the S3 Glacier Instant Retrieval storage class, a new storage class for rarely-accessed data that requires milliseconds retrieval. A new bucket owner enforced option lets customers disable the ACLs associated with the bucket and the objects.
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Cloudflare Challenges AWS with R2 Storage and No Egress Fees
Cloudflare has recently announced R2 storage, a S3-compatible service to store large amounts of data with no egress bandwidth fees associated. An automatic migration of objects from Amazon S3 to Cloudflare R2 will be offered to facilitate the transition or integration for existing AWS deployments.
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Google Introduces Unattended Project Recommender to Cut Cloud Costs
Recently Google introduced unattended project recommender, a new feature of Active Assist that provides customers with a one-stop shop for discovering, reclaiming, and shutting down unattended projects. In addition, the feature includes actionable and automatic recommendations to reduce costs or mitigate security risks presented by idle resources.
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AWS Introduces Savings Plans and Instant Price Reductions for Amazon Sagemaker
Recently, AWS announced instant price reductions and Savings Plans for Amazon SageMaker, their fully-managed Machine Learning (ML) service. With Savings Plans for Amazon SageMaker, customers can benefit from cost savings up to 64% compared to the on-demand price. The company also drops the price of several instance families in Amazon SageMaker by up to 14.2%.