AZ900: Microsoft Azure Fundamentals
Cost Management
Introduction
Welcome to the cost management module. In this article, we will explore the various tools and aspects Azure offers to help you manage and optimize your cloud spend efficiently.
Understanding the factors that influence your Azure bill is critical for effective cost management. By grasping these elements, you can take strategic steps to reduce expenses and make informed decisions about your cloud investments.
Tip
Before diving into the tools, ensure you have a clear understanding of what influences your Azure costs. This foundational knowledge will empower you to use the following tools more effectively.
Key Topics Covered
- Factors Affecting Your Azure Bill
- Azure Marketplace: Discover and Purchase Cloud Services
- Pricing Calculator: Estimate Costs Prior to Commitment
- Total Cost of Ownership (TCO) Calculator: Assess Long-Term Savings
- Azure Cost Management: Analyze Spending Patterns and Receive Recommendations
- Azure Resource Tags: Organize Billing Data and Streamline Expense Management
Factors Affecting Your Azure Costs
A clear understanding of the elements that drive your Azure expenses is essential. This section explains how resource utilization, service choices, and other factors influence your overall bill.
Azure Marketplace
The Azure Marketplace is a platform where you can find and purchase a wide range of cloud services and applications. Your selections here can significantly influence your spending, so it's important to evaluate available options carefully.
Pricing Calculator
The Pricing Calculator is a valuable tool that allows you to estimate the cost of Azure products and services before you commit. Use it to forecast expenses and align your cloud strategy with your budget.
Total Cost of Ownership (TCO) Calculator
This tool provides a comprehensive view of potential cost savings when migrating to Microsoft Azure. By assessing the long-term benefits, you can determine the financial impact and overall return on investment.
Azure Cost Management
Azure Cost Management delivers detailed insights into your spending habits and offers recommendations to help you optimize costs. Leveraging this tool enables proactive budget management and reduces unexpected expenses.
Azure Resource Tags
Resource tags are labels that you can apply to Azure resources. They help you organize billing data, making it easier to manage and allocate costs across projects and departments.
Next Steps
Begin by examining the factors that affect your Azure costs. Understanding these elements is the first step toward optimizing your cloud spend.
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