Everyone thinks cloud storage is cheaper than on-premises, but is that really true? When cloud storage like AWS S3 was first introduced, vendors dropped their $/GB prices on a frequent basis. However, AWS hasn’t reduced the base price of S3 in five years, instead preferring to offer cheaper tiers of storage. In this week’s episode, Chris and Martin debate the reasons for the lack of reductions, especially in light of continuing growth in HDD capacities and reducing costs.
Elapsed Time: 00:30:58
Timeline
- 00:00:00 – Intros
- 00:02:00 – Is cloud storage cheaper than on-premises?
- 00:05:05 – What new storage services has AWS introduced?
- 00:07:00 – There are complex rules around data data retrieval
- 00:08:40 – Cloud is driving the need for FinOps skills
- 00:10:33 – Data mobility can be lost with egress charges
- 00:12:30 – Access patterns (like sub-object) are hard in cloud
- 00:13:10 – Why have base storage prices not declined?
- 00:17:00 – Cloud providers could be tiering behind the scenes
- 00:18:52 – Should you build your own storage cloud?
- 00:20:00 – IOPS (block) data needs to be treated separately
- 00:21:40 – On-premises storage lets you sweat the hardware assets
- 00:23:00 – Data is fixed, compute is ephemeral
- 00:26:30 – Understand your data profiles
- 00:28:00 – Cloud forces you to manage your data
- 00:30:00 – Wrap Up
Related Podcasts & Blogs
- Is AWS passing on the benefits of storage media price reductions?
- #166 – Infinidat Elastic Storage Pricing with Eran Brown
- #55 – Storage for Hyperscalers
Copyright (c) 2016-2020 Storage Unpacked. No reproduction or re-use without permission. Podcast episode #6illj.
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[…] grows, low-cost hard drives will still have a part to play. On-premises object stores offer a better cost profile than the public cloud, making it financially viable to continue to store large volumes of data on-premises. Of course, […]