![]() However, this option is called “managed storage” and works only with RA3 nodes that cost at least $3.26 per hour ($2347.2 per month) or $18,848 per year if paid upfront.Ī cheaper option is DC2 nodes, which do not support managed storage and have other limitations, but their price starts from $0.25 per hour ($180 per month) or $1,380 per year if paid upfront. In the USA, Redshift charges $0.024 per one gigabyte of data stored during 30 days that amounts to $295 per TB per year. ![]() The “per GB per month” or “per TB per year” approach is the easiest to understand, so let’s start with it. It has a highly customizable and rather complicated pricing model that takes into account your location, required storage and computing capacity, and many other factors to adjust the final cost. It is an especially valid and cost-effective choice if your company already uses other web services from Amazon. All of these cloud data warehouses have different pricing models and sets of provided features to cover the needs of most businesses.Ĭurrently, Redshift is the most popular cloud solution for a data warehouse. There are 4 top DWaaS (data-warehouse-as-a-service) solutions: Amazon Redshift, Microsoft Azure, Google BigQuery, and Snowflake. Let’s compare their relative costs to help you choose the optimal variant for your particular case. There are two options to choose from: a local server that provides on-premise storage and a virtual machine that enables cloud storage. It includes hard disk drives or solid-state drives that provide storage space, computing power to process queries to the warehouse, various networking, and power units, etc. The first requirement of a data warehouse and the first component of the total DWH cost is the hardware that performs the essential functions of data storage and corresponding processing. Component Costs of Personnel/Human Resources.
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