OVHcloud web hosting is about to get a whole lot more expensive

OVHcloud logo in white on blue background
(Image credit: OVHcloud)

OVHcloud’s web hosting service, among other solutions, is set for a significant price hike as inflation continues to surge.

In a blog 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, OVHcloud will 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 and cloud hosting firm 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.

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.

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.

Via The Register 

Abigail Opiah
B2B Editor - Web hosting & Website builders

Abigail is a B2B Editor that specializes in web hosting and website builder news, 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.