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 news NASA appoints first chief AI officer as the technology’s importance rises The US space agency has quietly pioneered AI for decades. With CDO David Salvagnini’s expanded remit, it now has a dedicated leader to coordinate and secure use of the rapidly advancing technology. By John Dunn May 14, 2024 4 mins Aerospace and Defense Industry Chief Data Officer Government IT news analysis China-US AI talks Tuesday have absurdly low expectations Best case scenario from the talks is that China will agree to maybe talk some more, but given how high the stakes are, that may be enough. By Evan Schuman May 14, 2024 7 mins Regulation Generative AI IT Governance news Adobe introduces AI assistant to help enterprises exploit data held in PDFs Rather than read through long documents, workers will be able to ask questions of them using Adobe’s new Acrobat AI Assistant for enterprise. By Sascha Brodsky May 14, 2024 1 min Generative AI Enterprise Applications news 2024 CIO50 Saudi Arabia Awards: Nominations are now open By Andrea Benito May 14, 2024 4 mins 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