Microsoft is currently revising its cloud prices, with customers in Europe, Canada and Australia most likely to feel the pinch.

The tech giant has currently not confirmed how much prices will increase by, but has stated that it is related to currently fluctuation.  A Microsoft spokesperson released a statement to ‘The Register’ stating that the company:

Microsoft Azure“Continues to evaluate the market conditions in the countries in which we operate. As a result, we will be adjusting the prices for the company’s enterprise cloud services.” Suggesting that it is an anomaly rather than an overall market change.

Dave Bartoletti, principal analyst with Forrester Research Inc presented his opinion, stating that:

“This has absolutely nothing to do with the state of the cloud market, the demand for cloud services or anything underlying cloud, it’s completely based on currency risk in various countries.”

The news originally broke through the blogger Aidan Finn, where he wrote that local prices for Azure and Azure marketplace could be increased by 13% in the Eurozone, where in Australia prices could rise a staggering 26%.

“Rather than raising their prices relative to the rest of the world, this brings the Euro and Australian pricing in line with the U.S. and global markets,” Bartoletti said.

The price increase is set to come into force on the 1st August 2015.

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