OVHcloud web hosting is about to get a whole lot more expensive
OVHcloud plans price increase across hosting services as inflation continues to surge
When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
OVHcloud’sweb hostingservice, among other solutions, is set for a significant price hike as inflation continues to surge.
In ablog post, the company’s founder Octave Klaba and CEO Michael Paulin explained that global inflation has had a significant impact on all business sectors, including digital.
As a result,OVHcloudwill increase the price of its web hosting,bare metal hosting,server hosting,VPS hosting, as well as its hosted private cloud and public cloud solutions, by 10% from December 1 onwards.
OVHcloud price hike
The pair say OVHcloud’s energy purchase coverage is ending this year and, as a result, the web andcloud hostingfirm will end up buying energy at a high price.
In the second half of 2021, the EU saw a significant increase in wholesale energy prices, with the main driver being the surge in global energy demand as most countries emerged from the Covid-19 pandemic.
Russia’s invasion of Ukraine has also had a major impact on the price of energy, with Russia being a major player in global energy markets, as well as one of the world’s top three crude producers, alongside Saudi Arabia and the United States.
OVHcloud is launching an object storage tool>OVHcloud releases new Advance Bare Metal Servers for SMEs>Web hosting prices could be set for a major rise
Further detail of the price spike is scheduled for the coming weeks, but both Klaba and Paulin confirmed that the increase will affect all of OVHcloud’s services that directly link to the electricity consumption of its infrastructures.
Are you a pro? Subscribe to our newsletter
Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed!
Both new and existing OVHcloud services will increase in price by the end of the year.
Klaba and Paulin both claim that its customers already receive benefits from the savings it made with energy efficiency solutions such as water cooling and reversibility.
“These new inflation pressures do not change our objectives: to better serve you and offer you total freedom in the advanced use of our infrastructures and services by bringing you even more innovations,” the duo stated.
ViaThe Register
Abigail is a B2B Editor that specializes inweb hostingandwebsite buildernews, features and reviews at TechRadar Pro. She has been a B2B journalist for more than five years covering a wide range of topics in the technology sector from colocation and cloud to data centers and telecommunications. As a B2B web hosting and website builder editor, Abigail also writes how-to guides and deals for the sector, keeping up to date with the latest trends in the hosting industry. Abigail is also extremely keen on commissioning contributed content from experts in the web hosting and website builder field.
Best free and public DNS server of 2024
Zoho turns to Nvidia NeMo to build proprietary LLMs
7 myths about email security everyone should stop believing
