Cloud market dominated by AWS, Google, Microsoft (unsurprisingly)

Thanks for sharing this!

That triopoly - or oligopoly, if you prefer - is really bad for startups.

It's not just that the big players can charge whatever they want. They also keep coming up with new ways to raise prices.

It's gotten to the point where startups are at risk of bankruptcy because of unexpected cloud costs [1]. Given their dominance, it's no surprise that Google recently hiked prices [2].

There are many ways to cut cloud costs, but founders I've spoken to don't have the time to optimize their spend. On a related note, my company, Usage.AI, has built a tool to automatically buy and sell Reserved Instances to cut EC2 costs.

If you're a startup on a tight budget, you can't afford to overspend on the cloud. And given the big players' continued price hikes, it's only going to get harder to stay within your budget.

[1] https://www.forbes.com/sites/forbestechcouncil/2022/04/19/cl... [2] https://cloud.google.com/blog/products/infrastructure/update...