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It shows the state of cloud pricing these days.
"We bring public cloud pricing to OpenStack on premise," Shuttleworth said at the OpenStack Summit today.
Cloud pricing is measured using the metrics by which cloud providers allocate charges.
Perhaps aggressive cloud pricing will cause continued, near-term pressure on Amazon's margins.
After dropping its own public cloud pricing, Rackspace's earnings came in lower than expected.
Currently, there is limited research that considers cloud pricing models that can be used in conjunction with on-demand pricing schemes to provide additional benefits.
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Public cloud prices have dropped 6 to 8percentt annually, but hardware costs actually dropped 30to45percentent annually.
The cloud price wars give services like AWS a way to scale their business.
"We bet on that there will always be a gap between mining and AWS or Google Cloud prices," Buniatyan said.
Windows Azure Storage has entered the cloud price wars with a drop in pricing that could be as much as 28percentt for some customers.
The stock fell after the company missed its earnings, raising concerns the cloud price wars with giants like Amazon Web Services are taking its toll.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com