{"id":6174,"date":"2013-02-27T16:25:00","date_gmt":"2013-02-27T16:25:00","guid":{"rendered":"http:\/\/cloudcomputing.sys-con.com\/node\/2557770"},"modified":"2013-02-27T16:25:00","modified_gmt":"2013-02-27T16:25:00","slug":"rackspace-cuts-prices","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/rackspace-cuts-prices\/","title":{"rendered":"Rackspace Cuts Prices"},"content":{"rendered":"<p>Rackspace has slashed the price of its cloud bandwidth and content delivery network (CDN) services by 33%. It\u2019s also implementing tiered pricing for its OpenStack products, starting with Cloud Files, its object storage service.<br \/>\nMost of the new pricing will kick in over the next few weeks.<br \/>\nThe bulk of Rackspace\u2019s revenues still come from hosting. In its last quarter its cloud sales, which compete with Amazon\u2019s, were up 49% year-over-year to $87.3 million. As good as that might sound for the last five quarters its cloud sales have been on a downward trajectory. For instance, year-over-year cloud revenue rose 69% in Q2 but only 57% in Q3.<br \/>\nThe Wall Street Journal concluded that the company isn\u2019t delivering on its high valuation. Its growth depends on how quickly its OpenStack Infrastructure-as-a-Service is adopted. <\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/2557770\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rackspace has slashed the price of its cloud bandwidth and content delivery network (CDN) services by 33%. It\u2019s also implementing tiered pricing for its OpenStack products, starting with Cloud Files, its object storage service.<br \/>\nMost of the new prici&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-6174","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/6174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=6174"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/6174\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=6174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=6174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=6174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}