Amazon looks to continue to reduce the price of its cloud-computing service after a 37 percent reduction in price at the beginning of March.

Amazon’s move to reduce Cloud services costs has put pressure on Microsoft to do the same with their competing Azure Cloud services, as the two companies compete over the market share of Cloud service users.

Both Microsoft and Amazon have suffered from reduced profit margins, with Amazon stock falling nearly 25 percent from October, while Microsoft is under scrutiny from investors over its high cost position in the markets.

Collin Gillis, an analyst from BGG, said: “It’s a commodity business-these are ubiquitous services where you win with massive scale, and the way that you achieve massive scale is to lower the price.”