British Provider Memset Undercuts US Heavyweights in IaaS Price

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Memset
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01 March 2013
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British Pr-vider Memset Undercuts US Heavyweights in IaaS Price War ?
With Cheapest IaaS Service -n Offer
Business Edit*rs, Techn*l*gy Writers
GUILDFORD, England--(Business Wire)--March 1, 2013
British-based cl*ud st*rage and IaaS pr*vider, Memset, has t*day bec*me
the latest supplier t* muscle in *n the IaaS price war with a
significant reducti*n *f their h*urly <a
href="http://cts.businesswire.c*m/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.memset.c*m%2Fdedicated-servers%2
VM®</a> virtual server and <a
href="http://cts.businesswire.c*m/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.memset.c*m%2Fcl*ud%2
Fst*rage%2F&amp;esheet=50580974&amp;lan=en-US&amp;anch*r=Memst*re&amp;index=2&amp;md5=63b83
e16130c00afcb421f604933a8d7">Memst*re</a> cl*ud
st*rage s*luti*ns.
Memset has reduced the h*urly rate *f smaller virtual machines (VMs);
VM4000; 1x0.8GHz fe*n c*res with 2GB RAM and 160GB RAID1 l*cal st*rage t* just £0.040/h*ur ($0.060/h) c*mpared t* Amaz*n’s EC2 f*r a c*mparable
machine (1 ECU with 1.7GB RAM and 160GB st*rage) *f £0.043/h*ur
($0.065/h).
Kate Craig-W**d, Memset’s MD, said, “Apples f*r apples, we are keeping
*ur h*urly Miniserver VMs slightly cheaper than Amaz*n EC2's EU
(Ireland) pricing, pr*ving that British small businesses with a f*cus *n
aut*mati*n and *pen s*urce has the ability t* c*mpete head-t*-head with
US heavyweights.”
Memset has *nly needed t* reduce the pricing *n smaller VM instances
since they have been significantly cheaper than EC2 f*r extra
large (7.5GB) and d*uble extra large (15GB) VM instances f*r s*me time currently 27% and 45% cheaper respectively. The high-end Miniserver VMs
d* c*me with ab*ut 25% less st*rage than c*mparable Amaz*n VMs but
Memset pr*vide it as guaranteed-persistent instance st*rage whereas
Amaz*n's is n*n-persistent.
Memset has als* reduced the 0-1TB st*rage tier f*r Memst*re t*
£0.055/GB/m*nth ($0.089/GB/m) c*mpared t* Amaz*n’s S3 £0.063/GB/m*nth
($0.095/GB/m). Similar reducti*ns have been made acr*ss all st*rage
tiers making Memst*re's headline price cheaper than Amaz*n S3 acr*ss the
range.
“Memst*re is n*t *nly much cheaper, but we d*n’t charge f*r transacti*ns
è
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01 March 2013
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which can m*unt up a l*t *n S3. Our *bject durability sits between S3’s
standard and reduced redundancy tiers at 99.999999%, a level that m*st
*f *ur cust*mers are very happy with. Memst*re prices are n*w alm*st the
same as S3's reduced redundancy tier f*r an extra three
nines' durability,” c*ncluded Craig-W**d.
As a large number *f businesses l**k f*r ways t* securely st*re data
whilst simultane*usly saving *n IT infrastructure c*sts, Memst*re will
attract m*re enterprise cust*mers *ver the c*ming m*nths, especially
th*se w*rried ab*ut their data being handed *ver t* the US auth*rities
under the Patri*t Act. This is bad news f*r security c*nsci*us IaaS
c*nsumers using Amaz*n *r Rackspace, but g**d news f*r British pr*viders
like Memset wh* are wh*lly *wned and sited within the UK!
Optimising Efficiency
Memset’s IaaS service uses the *pen s*urce fen hypervis*r t*gether with
c*mm*dity Dell hardware and big data analytics t* *ptimise efficiency,
pr*viding vast ec*n*mies *f scale which are passed *nt* cust*mers.
Aggressive penetrati*n tests *f Memset’s Miniserver VM service has seen
them secure IL2 accreditati*n under the UK G-Cl*ud pr*ject
with G*vernment IL3 h*sting in their sights. Memset’s revised pricing is
als* available t* public sect*r cust*mers up t* IL2 level and Memset is
h*ping t* limit IL3 t* 50% ab*ve n*rmal pricing.
Memset has substantial experience in *perating a very l*w margin
business, maintaining the l*west pricing f*r VMs in Britain f*r many
years.
C*ntact:
Katie Olver<br />
M*ment*us<br />
P: + 44 (0) 208 614 6816<br />
E: <a href="mailt*:k*lver@m*ment*usuk.c*m">k*lver@m*ment*usuk.c*m</a>