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Amazon slashes prices up to 80% to lure enterprises wary of public cloud [Video]

AWS dropped its pricing of these dedicated instances by up to 80 percent. Dedicated instances require a per-hour fee to use the service, which dropped from $10 per hour to $2 per hour. In addition to the base-level cost of using dedicated instances, AWS also dropped the per-hour price of the dedicated instances by 37 percent. For example, an m1.xlarge instance in the US East is now $0.528 per hour, compared to $0.840 per hour previously, the company announced in a blog post this morning. AWS also offers reserved dedicated instances, which are allocated to the customer on longer-term contracts instead of the per-hour billing. Those prices dropped by up to 57 percent.

AWS says dedicated instances are “ideal for workloads where corporate policies or industry regulation dictate physical isolation from instances run by other customers at the host hardware level.” Some have questioned if AWS would ever launch a …

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