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 Penguin Solutions 5 things CIOs must understand about AI infrastructure Generative AI has the potential to transform industries and generate untold ROI, but only if CIOs and other IT leaders understand a few foundational elements. By Whitney Cwirka May 01, 2024 4 mins Artificial Intelligence feature Expectations vs. reality: A real-world check on generative AI Now with the benefit of hindsight, organizations are more aware of moving cautiously to ensure gen AI delivers rather than disappoints. By Mary Branscombe May 01, 2024 11 mins Microsoft Generative AI Development Tools case study Ingesan embraces a new way to approach HRM with AI Nuria Fuentes, CIO and head of systems and digital transformation at Spanish facilities management company Ingesan, details how the company implements AI in its HR procedures through its Empath-IA project. By Irene Iglesias Alvarez May 01, 2024 5 mins CIO Generative AI Human Resources brandpost Sponsored by Dell Technologies and Intel® The impact of AI on edge computing AI at the edge offers real-time responsiveness, privacy compliance, and cost efficiency. Where are you on your edge journey? By Pratyakcha Upadhyay Consultant, Product Management, Dell Technologies Apr 30, 2024 6 mins Artificial Intelligence 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