Can We Expect an Increase in Cloud Prices in 2017?
As the cloud computing industry emerged, competition followed quickly behind. In order for companies to build their portfolio, competitors fought through prices to gain customers. However, now that the market is hitting its maturity stage, prices for cloud services are expected to increase. It seems companies have taken a “get the customer first, then worry about profits later” approach. Well, as later is approaching, investors are getting ready to receive payouts.
In order to justify price increases, it is expected that some companies will try to implement “add-on services.” Although these services are beneficial for the customers, little cost is required from the provider.
Now, no one is saying prices are going to increase overnight. The cloud services industry is still continued to grow; therefore, a more gradual rise in prices is expected.