Amazon Web Services (AWS) has reduced pricing for Amazon Elastic File System (EFS) Infrequent Access (IA) and is all set to save the cost for the storage system. The new reduced pricing will be saving the customers costs up to 92 percent on file storage costs.  The company announced the price reduction in its blog post on Wednesday, and in the history AWS it’s one of the biggest price reduction. The new reduced pricing will allow the customers to store and access their files natively using in the file systems for effectively $0.08/GB per month. EFS is completely managed, cloud-native NFS file system for Linux based workloads that can be used with variety of AWS services and on-premises resources. EFS is all set to provide elastic storage, shrinking and growing along with automation as the files are created or deleted without any disruption.
As the storage demand rises with application needs to access all of the files all of the time the demand increases, and the rising access patterns are seeing change over time. The blog post was written by senior technical evangelist Steve Roberts, said that two common drivers for moving applications to the cloud are to maximize operational efficiency and reduce the total cost when it comes to required ownership and it will be applied to all storage equally.
The EFS Lifecycle management runs automatically behind the scenes, and when enabled on a simple file system, files that are not accessed based on the new lifecycle policy based on customer choice will be automatically moved to more cost-optimized EFS IA storage class. The current infrequently accessed data is being held in a completely different storage tier wherein it can be accessed immediately. AWS, however, added that it would offer slightly higher per operation latency for the files in the IA storage tier. The EFS IA storage class was priced at $0.045/GB per month with AWS has reduced that to $0.025/ GB per month.
