Online search engine giant Google will lower prices of its cloud services by 10 percent on most standard services, and 60 percent on high-end data storage.
The new cloud pricing is likely to enable Google to take on Amazon.com, IBM and Microsoft in the fast-growing market of internet services for corporations.
In a blog post, Google outlined key features and pricing for Compute Engine, part of a broader service that vies with Amazon AWS in providing storage and computing power to corporate clients as in-house data centres are gradually phased out.
Google said the service was now generally available, signalling that it meets internal standards and is ready for a wider rollout.
RW Baird analyst Colin Sebastian noted that Google is positioned to become the next large player in cloud services, with a robust platform of application, platform and infrastructure services, competing for an increasing share of the IT spending pie.