The new price rise, which will be effective from January 2024, will affect IaaS and PaaS services, the company said. Credit: JuliusKielaitis / Shutterstock IBM is all set to increase its cloud services costs by up to 26% from January 2024. The new price rise will affect infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) offerings, the company said in a GitHub post. International customers will witness a steeper price hike compared to their US peers. IBM PaaS services — slated for a 3% price hike globally — include IBM’s Kubernetes Services, RedHat OpenShift, all security services, and all cloud database offerings including Message Hub, Cloudant, and SQL query services. On the IaaS offerings front, the price hikes will be applied to bare metal servers, virtual server instances, file and block storage, and networking infrastructure for both classic and virtual private cloud (VPC) offerings, the company said. However, with the exception of Cloud Object Storage costs, the prices for IaaS offerings will increase only for international data centers while they remain constant for US customers. While the costs at Amsterdam, Montreal, and Toronto data centers will increase by nearly 3%, London data center costs will go up by 5.6%, the company said, adding that costs at Frankfurt, Milan, and Paris data centers will increase by 5.5%. Data centers in Sao Paulo, Brazil will be the most impacted with an effective price change of 7.5%, followed by IBM data centers in Osaka, Singapore, and Tokyo, which will get a price hike of 6.2%. There will be no price increase at Chennai, Sydney, Dallas, Washington, and San Jose data centers, the company said. IBM already charges a 20% premium over US base prices for customers using its data centers in Chennai and Sydney. IBM’s Cloud Object Storage service will get dearer by 25% globally for Accelerated Archive storage, and 26% globally for Deep Archive storage, the company said, adding that there will be no changes to the existing pricing for Power Systems Virtual Server, third-party software, or network bandwidth. The last few months have also seen technology vendors such as Microsoft and Salesforce hiking prices for their products and services in order to combat inflation and the rising cost of hiring staff. Related content brandpost Sponsored by Broadcom How to govern with people-centric planning To succeed with people-centric planning, leaders need to take a different approach to governance. Leaders must produce key metrics and offer the autonomy to determine the best way to achieve those metrics. By Laureen Knudsen, Chief Transformation Officer, AOD, Broadcom May 06, 2024 3 mins Digital Transformation IT Leadership brandpost Sponsored by Avaya Staying agile in the contact center industry: The role of the connected agent A critical part of the “connected agent” strategy includes easy access to SMEs with a user experience that is simple…and AI is a core component. By Omar Javaid, Chief Product Officer, Avaya May 06, 2024 6 mins Digital Transformation news Atos receives four offers of help Rival bids seek to make the company either an integrated IT services powerhouse or a low-cost provider of data centers as a service. By Peter Sayer May 06, 2024 5 mins Managed IT Services Technology Industry feature 7 IT leadership hacks that deliver results From leaning on peers to accepting inconvenient challenges, CIOs offer time-tested, hard-won advice for achieving and sustaining IT and career success. By Paul Heltzel May 06, 2024 10 mins IT Strategy Staff Management IT Leadership PODCASTS VIDEOS RESOURCES EVENTS SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe