Prices should be going down, not up. Infact, I would expect out of my cloud provider a commitment to drop prices by some percentage each year. A $100 workload from last year should not cost more than a $100 this year. We are still on exponential curves for compute, storage and DC bandwidth.
Electricity costs are going up, and hardware is harder to source due to the chip shortage (and thus likely more expensive, if you pay to get ahead of the line). Perhaps these are part of the reasons.
This is why cloud providers build in as much lock in as possible in the form of managed services - eventually they won't want to decrease prices every year and you'll have so much code written against their proprietary cloud widgets that it'll be more expensive to move than to pay their increases.
If you ever take a vendor specific certification, it's all about how you should use their specific cloud features in order to "properly" architect the solution for the cloud. Often these services do in fact result in cheaper bills, but there are other costs - and no provider I've seen has ever made any commitment regarding future prices like you mention expecting.
Electricity costs are going up. Replacement hardware is more expensive (and in some cases impossible to find). Inflation means you have to pay employees more. All vendors have bumped up their prices as well.
There is a balance. Computers are getting faster. Bandwidth is nominally cheaper. However, inflation is hell right now and supplies are still tight. A lot of components are just as expensive as they were years ago.
> We are still on exponential curves for compute and storage and DC bandwidth.
So what’s the angle here, power makes up so much of the service or the cost of power has increased so much that it warrants doubling the price for managed databases?
at least for me in uk the cost of power has almost doubled the beginning of this year, and is expected to rise another 50% in october (the gov limits how much they can jump every 6 months).
so i kind of agree with the other poster, power has got so expensive i would expect prices to be going up. (add onto this manufacturing and supply chain issues and replacing hardware isnt cheap either).
Digital Ocean are entitled to do whatever they want with their prices, regardless of their costs. Frustrated customers have some good alternatives to switch to.
So right now, if you were choosing an on-demand cloud provider (like digital ocean), which would you chose if your requirement would be expecting that next year your bill would be lower than it is today?
You know the answer. Which cloud providers routinely drop prices, which ones stay flat and which ones sneak in price increases?
You cant trust a cloud provider that raises prices. They are either a) mis-managed and can't calculate their own costs b) greedy and short sided or c) not in charge of their own prices. None of those qualities should be someone you enter into a relationship on this magnitude.