Recently Amazon Web Services (AWS) is in the news for reducing its cloud services prices by up to forty percent and turning into a strong competitor overnight against Google and Microsoft offering similar services. The cost reduction has resulted in an intensive price war where the price has touched a rock bottom level.

The price reduction is in line with reducing waste at every opportunity as mastered by Andy Jassy, senior VP of AWS. The price reduction policy has made public cloud space very much competitive, but the other side of the coin is that the place has become jam packed too.

So, how can AWS afford to cut its prices and offer a stiff competition? Brett Winterford and Steven Kiernan from CRN write about them here: http://www.crn.com.au/News/382683,four-secrets-of-awss-low-prices.aspx .