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Businessinsider: This One Chart Shows The Vicious Price War Going On In Cloud Computing

In recent years, cloud computing providers have been slashing prices — a phenomenon we've called the “race to zero.” Amazon Web Services, for example, has cut its price 44 times in the last six years, while Microsoft and Google have both decreased prices multiple times to keep up with AWS. On Wednesday, RBC Capital’s Mark Mahaney published a chart that perfectly captures this trend. According to the chart below, the average monthly cost per gigabyte of RAM, for a set of various workloads, has dropped across the board over the past year.

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