
Not really 1c the way Public Cloud means it...
If I'm reading this correctly, the subscription for the Ceph software is ~equivalent to 1c/GB/month (it's $5000 per managed 36TB per year; so close enough).
BUT...
SUSE Cloud is private cloud running on the customer's own infrastructure, right? So the customer still has to pay for their own disk hardware, the servers/appliances that servers are attached to, FTEs to manage all that including replacing failed disks, power and cooling for all the above, .... There's also some overhead that means the available storage is less than the raw 36TB under management. (Ceph uses erasure coding so it won't be as bad as, say, the 3x of a crude Swift implementation, but still, it's there). So in reality it's going to be a great deal more than 1c/GB/month TCO.