Various systems and methods for caching and tiering in cloud storage are described herein. A system for managing storage allocation comprises a storage device management system to maintain an access history of a plurality of storage blocks of solid state drives (SSDs) managed by the storage device management system; and automatically configure each of a plurality of storage blocks to operate in cache mode or tier mode, wherein a ratio of storage blocks operating in cache mode and storage blocks operating in tier mode is based on the access history.