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Tame inefficient cloud investments with Azure Cost Management

Published:
8.3.2024

Few businesses today would say they don’t need to cut costs. If you’ve already been enjoying the benefits of the Azure cloud environment, here’s some great news: you can optimize your spending with Azure Cost Management—and the best part… it’s free. What better way to start saving than with a free tool?

Find out how much your cloud really costs

Azure Cost Management is designed for IT managers and infrastructure architects who constantly face questions like “How much does this cost?”, “Why does it cost that much?”, and “What will it cost next month/quarter/year?”. Sometimes you have time to prepare for these questions, like before an important team meeting—but often, they come unexpectedly. Azure Cost Management lets you continuously monitor your cloud resources and provides regular reports that give you and your colleagues the data needed for accurate financial management, informed decision-making, and strategic planning. It’s like having a crystal ball for your IT budget.

Azure Cost Management isn’t just for those looking to tame high expenses. While addressing low investment efficiency is essential, this solution also responds to other key business trends such as:

  • increasing corporate accountability
  • optimizing cloud efficiency
  • monitoring cloud spending
  • managing expenses across Azure and AWS

What are the benefits of Azure Cost Management?

Let’s explore how Azure Cost Management adds value to modern businesses.

Cloud cost management made simple

At Blue Dynamic, we consider Azure cloud the foundation of modern business—it gives you the freedom to scale and evolve your operations without being limited by IT performance. But for every solution, we want measurable results—ideally in numbers. Azure Cost Management allows you to analyze your cloud usage and spending, while also forecasting future expenses. You can view costs in daily, monthly, or yearly trends.

Unlike standard billing reports that simply show how much each service costs, Azure Cost Management helps you truly understand how your resources are being used, identify spending anomalies, and uncover savings opportunities.

Azure Cost Management at a glance

In short, Azure Cost Management helps you:

  • reduce overall cloud costs
  • improve the efficiency of your cloud investments
  • monitor and track cost trends over time

One major advantage is that Azure Cost Management works 24/7—constantly monitoring your environment. As part of the Microsoft ecosystem, it’s highly integrable, giving you extensive business benefits. Here’s what that looks like in practice:

  • Integration with Azure Advisor: Gain personalized optimization recommendations anytime.
  • API access lets you create custom filters to view data exactly how you need it.
  • Export your data and use it in Power BI for deeper analytics and visualizations.

If you’re asking these questions, Azure Cost Management is a must-have

Before we wrap up, here’s a quick checklist. Do any of these questions sound familiar?

  • How much have we spent on cloud services this month?
  • Why was our last bill different than expected?
  • Why are we paying more for Azure this time?
  • How can we allocate Azure costs across departments?

Azure Cost Management delivers two key benefits for your organization: it gives you full visibility into cloud spending and allows you to track costs by department. And since it’s completely free within Azure, that’s a combination of advantages too good not to try—don’t you think?

Tame inefficient cloud investments with Azure Cost Management

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