AWS announces EBS snapshot price reduction, PIOPS increase
AWS recently announced the price reduction of their EBS volume snapshots and the increase of available Provisioned IOPS (PIOPS) per GiB for all volumes. Even better, all price reductions are retroactive as far back as August 1st, 2016.
Cheaper EBS Snapshots
EBS Snapshots are now 47% cheaper across all AWS regions. This is great news from AWS and an economical encouragement for users to create more frequent backups of their EBS volumes.
Check out the AWS EBS pricing documentation for more details.
Increased PIOPS per GiB
One powerhouse feature of EBS volumes is the ability to set PIOPS to adjust an expected amount of performance for each EBS volume. AWS has increased the amount of PIOPS available per GiB.
Before the announcement, EBS users could provision up to 30 IOPS per GiB of storage. AWS has increased this to 50 IOPS per GiB. For volumes that were upsized to obtain IOPS performance, you’ll now be able to downsize and save on volume costs. Our customers can access this report, which focuses on storage charges for PIOPS volumes and surface area for savings.
Putting increased EBS PIOPS and cheaper pricing to work
For one of our customers monitoring their EBS cost and usage data, they’re already able to forecast savings as much as $80,000 in the upcoming year. Continuing to keep a close eye on cloud costs and usage could unlock more potential to save.
For our curious customers, here is an example ‘comparison report’ that can easily identify the weekly savings you are going to make from this discount. Or, perhaps you could create a widget which shows the resultant spending drop in the context of your overall EBS spending, like this one:
Get more information on the updates by checking out the official announcement on the AWS blog. For questions about monitoring EBS volume cost and usage, feel free to get in touch with one of our cloud storage experts.