The regression equation is given by.
Data storage cost per gigabyte.
Say you store a 15 gb object as standard storage in a multi region for 12 hours.
As a result as your aws usage needs increase you benefit from the economies of scale that allow you to increase adoption and keep costs under control.
This example demonstrates how cloud storage prorates the storage costs of your data.
Figures are not exact and do not include the following.
In addition data transfer in is always free of charge.
This storage incurs a charge of.
Free first 10 gb of storage free 1 gb of daily downloads or 004 10 000 class b transactions and 004 1 000 class c transactions.
For services such as s3 and data transfer out from ec2 pricing is tiered meaning the more you use the less you pay per gb.
Platter that could store up to 10 terabytes tb of data or a 2 5 in.
For example if you consistently used 10 gb of storage for the first half of the month and none for the second half of the month you would be billed for your average usage of 5 gb of storage.
Over the last 30 years space per unit cost has doubled roughly every 14 months increasing by an order of magnitude every 48 months.
Consider the ingest or transition cost before moving objects into any storage class.
Storage capacity is billed in units of the average daily amount of data stored in gigabytes gb over a monthly period.
There are per request ingest fees when using put copy or lifecycle rules to move data into any s3 storage class.
Back in 2011 idc predicted that the overall data will grow by 50 times by 2020 and in 2014 emc estimated that by 2020 we will be creating 44 trillion gigabytes of data annually.
Cloud storage treats this as 0 5 days of storage or 1 60 of a month assuming a 30 day month.
Several terabyte drives have recently broken the 0 10 gigabyte barrier making the next milestone 0 01 gigabyte or 10 terabyte.
0 026 per gb per month 15 gb 1 60 months.
Azure storage reserved capacity helps you lower your data storage cost by committing to one year or three years of azure storage.
Get 5 gb of free online storage or subscribe to microsoft 365 to get 1 tb of cloud storage with advanced protection and office apps.
That s quite a challenge for the storage industry especially as the cost per gigabyte curve for hard drives is flattening out.