Summary
In this chapter, you gained valuable insights into the significance of cost management and optimization on Azure. We’ve investigated the various pricing options and discussed the services and tools offered by Azure for managing costs.
Effective cost management is critical because while monthly expenses may be low at first, they can quickly grow if resources are not continuously monitored. As cloud architects, it is essential to design applications in a cost-effective manner by using Azure resources with proper SKUs, tiers, and sizes. This involves knowing when to start, stop, scale up, scale out, scale down, scale in, or transfer data to save money.
By implementing proper cost management practices, you can ensure that actual expenses match your budgetary expectations. This allows you to maximize the value of your cloud investments while maintaining cost control throughout the project life cycle.
