Matt Rickard
@mattrickard
Cloud storage isn't getting cheaper https://i.imgur.com/b51gg7B.png
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Matt Rickard
@mattrickard
https://i.imgur.com/dGyGXZ6.png
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Rohit Kulshreshtha
@rohit
Doesn't this show competitive pricing though? Also, is the red line for the same 9s of durability?
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Matt Rickard
@mattrickard
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.
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Rohit Kulshreshtha
@rohit
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/
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Matt Rickard
@mattrickard
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)
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Rohit Kulshreshtha
@rohit
From: https://blog.cloudflare.com/r2-open-beta/ > R2 is our answer to egregious egress charges from incumbent cloud providers, letting developers store as much data as they want without worrying about the cost of accessing that data.
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