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 opinion Six steps to reorienting your IT operating model around products How leaders can drive the coveted project-to-product transformation By Chris Davis Jun 04, 2024 9 mins IT Leadership IT Operations brandpost Sponsored by Broadcom Delivering superior service and support for customers through Broadcom’s Accelerate Program Through our partners in the Accelerate Program, we extend our reach with local expertise and extensive knowledge of Broadcom solutions By Cindy Loyd, Broadcom VP of Global Partner and Commercial Sales Jun 04, 2024 4 mins Cloud Computing news SAP embeds Joule in entire enterprise portfolio, plans integration to other AIs Joule could communicate with other AIs to complete more complex tasks spanning multiple applications, SAP suggests. By Lynn Greiner Jun 04, 2024 6 mins Generative AI SAP news SAP adds more tools for developers on its platform Behind the scenes, SAP is also using AI to extend the capabilities of its Business Technology Platform. By Lynn Greiner Jun 04, 2024 5 mins Generative AI Business Intelligence and Analytics Software Enterprise Applications 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