Cloud storage isn't getting cheaper https://i.imgur.com/b51gg7B.png

Before: @StanfordGSB, Kubernetes @Google, @Blackstone

Doesn't this show competitive pricing though? Also, is the red line for the same 9s of durability?

Engineer, chef. Ex-AWS, Snap, Pinecone.io. nf.td/rohit

A little hard to see since it's not log scale. Last substantial price decrease for s3 was in 2016. The red line is sticker price consumer $/GB from https://jcmit.net/diskprice.htm. I'd bet that S3's margins are probably 40%+ if you count egress.

Yup makes sense. Saw a Vantage report at some point that said that 80% of the S3 usage they saw was for the top storage class too (most people probably don't need that)

It is interesting that you mention 40% - because S3 uses erasure coding for its high 9s durability guarantees which causes a ~50% overhead in storage costs (afaik). 

My $0.02 - the real pain point is cost of egress, not storage itself - https://blog.cloudflare.com/aws-egregious-egress/