5 ms·

"As compute and storage continues to get cheaper, we've decided to raise our prices"

Silhouette 3y ago
That seems harsh. If they really are raising B2 storage prices by 20% having held them unchanged for 7 years then in my country that's not even keeping up with inflation. And if they're charging flat rates for their other system but average data volumes have increased a lot - which seems very likely - then again a transparent increase in the pricing isn't unreasonable. The last thing I'd want for a backup service is to end up quietly cutting corners because they are no longer making enough money to do things properly.
- midasuni 3y ago
  Disk prices per TB are less than half what they were 7 years ago
  - deleted 3y ago
    [deleted]
  - sliken 3y ago
    Sure, but has the cost to own a TB dropped? Power, cooling, rack space, internet bandwidth, DC rental, tech time, health care, janitor, HR, etc. etc. etc.
    - theshrike79 3y ago
      People tend to forget that complexity goes up exponentially as the amount of data goes up. Backing up 1TB can be done by anyone, 100TB is still within hobbyist skills. 1PB is Youtuber money. Anything upwards of that with data retention, backups, redundancy and uptime guarantees requires actual professionals who still want to be paid in dollars and not exposure =)
      - sliken 3y ago
        Not to mention I could see backblaze (and more specifically b2 keystore) being IOP limited. Sadly 16TB drives have approximately similar IOPs to 1TB drives.
  - paddim8 3y ago
    The disks are only a small part of the costs
    - Temporary_31337 3y ago
      Sounds like an industry to be disrupted
freedomben 3y ago
Just to be clear, despite the quote marks, this is not a quotation from TFA
kbumsik 3y ago
I don't think so. It is making egress free (up to 3 times the storage). It is definitely making cheaper for many customers.
xboxnolifes 3y ago
It heavily matters how much their costs come from compute and storage. Even if compute and storage have dropped in price continuously over the years, labor has only gone up.
vxNsr 3y ago
oddly, they're actually committing to higher storage usage, as they're gonna start offering one year retention as part of the base package, which used to cost $2/m extra, so in effect (from their perspective) they haven't really raised the prices so much as forced everyone into a more premium service tier. I'm guessing it's either because they were already retaining data for a year anyway and just hiding that from us, if we didn't pay for it or they don't anticipate it costing much more in terms of data, but each additional PC is somehow an extra expense enough to warrant charging another $20/yr

That seems harsh. If they really are raising B2 storage prices by 20% having held them unchanged for 7 years then in my country that's not even keeping up with inflation. And if they're charging flat rates for their other system but average data volumes have increased a lot - which seems very likely - then again a transparent increase in the pricing isn't unreasonable. The last thing I'd want for a backup service is to end up quietly cutting corners because they are no longer making enough money to do things properly.

midasuni 3y ago
Disk prices per TB are less than half what they were 7 years ago
- deleted 3y ago
  [deleted]
- sliken 3y ago
  Sure, but has the cost to own a TB dropped? Power, cooling, rack space, internet bandwidth, DC rental, tech time, health care, janitor, HR, etc. etc. etc.
  - theshrike79 3y ago
    People tend to forget that complexity goes up exponentially as the amount of data goes up. Backing up 1TB can be done by anyone, 100TB is still within hobbyist skills. 1PB is Youtuber money. Anything upwards of that with data retention, backups, redundancy and uptime guarantees requires actual professionals who still want to be paid in dollars and not exposure =)
    - sliken 3y ago
      Not to mention I could see backblaze (and more specifically b2 keystore) being IOP limited. Sadly 16TB drives have approximately similar IOPs to 1TB drives.
- paddim8 3y ago
  The disks are only a small part of the costs
  - Temporary_31337 3y ago
    Sounds like an industry to be disrupted

freedomben 3y ago

Just to be clear, despite the quote marks, this is not a quotation from TFA

kbumsik 3y ago

I don't think so. It is making egress free (up to 3 times the storage). It is definitely making cheaper for many customers.

xboxnolifes 3y ago

It heavily matters how much their costs come from compute and storage. Even if compute and storage have dropped in price continuously over the years, labor has only gone up.

vxNsr 3y ago

oddly, they're actually committing to higher storage usage, as they're gonna start offering one year retention as part of the base package, which used to cost $2/m extra, so in effect (from their perspective) they haven't really raised the prices so much as forced everyone into a more premium service tier. I'm guessing it's either because they were already retaining data for a year anyway and just hiding that from us, if we didn't pay for it or they don't anticipate it costing much more in terms of data, but each additional PC is somehow an extra expense enough to warrant charging another $20/yr