Disclosure: I work on Cloudflare on R2 so I’m a bit biased on this.
I think we’re going to put real pressure for traditional object storage rates to come down. Since Cloudflare‘a entire MO is running the network with zero egress. As we expand our cloud platform it seems inevitable that you will at least have a strong zero egress choice and if we do a good job Amazon et all will inevitably be forced to get rid of egress. Matthew Prince laid out a strong case for why either scenario is good for us in a recent investor day presentation (either we cannibalize S3’s business and R2 becomes a massive profit machine for us because they refuse to budge on egress or Amazon drops egress which is an even larger opportunity for us).
Products like Cache Reserve help you migrate your data out of AWS transparently from any service (not just S3) - you just pay the egress penalty once per file.
Anyway. I’m not saying it’s going to disappear tomorrow but I find it hard to believe it’ll last another ten years.
I think we’re going to put real pressure for traditional object storage rates to come down. Since Cloudflare‘a entire MO is running the network with zero egress. As we expand our cloud platform it seems inevitable that you will at least have a strong zero egress choice and if we do a good job Amazon et all will inevitably be forced to get rid of egress. Matthew Prince laid out a strong case for why either scenario is good for us in a recent investor day presentation (either we cannibalize S3’s business and R2 becomes a massive profit machine for us because they refuse to budge on egress or Amazon drops egress which is an even larger opportunity for us).
Products like Cache Reserve help you migrate your data out of AWS transparently from any service (not just S3) - you just pay the egress penalty once per file.
Anyway. I’m not saying it’s going to disappear tomorrow but I find it hard to believe it’ll last another ten years.