We are thrilled to announce the availability of Amazon Redshift, a fully managed, petabyte-scale data warehouse service that makes it simple and cost-effective to efficiently analyze all your data using your existing business intelligence tools.
Amazon Redshift is optimized for analyzing data sets of several hundred gigabytes to a petabyte or more and can provide significantly better performance at less than one tenth the price of most data warehousing solutions available to you today. On-demand pricing starts at $0.85 per hour for a 2-terabyte data warehouse, scaling linearly to a petabyte or more. Reserved instance pricing lowers the effective price to $0.228 per hour or under $1,000 per terabyte per year. Amazon Redshift also frees you from all the muck associated with provisioning, monitoring, backing up, patching, securing, and scaling your data warehouse.
Amazon Redshift is available in US East (N. Virginia) with additional regions coming soon. To learn more, visit the Amazon Redshift detail page.