Leveraging Optimization Strategies
Cost optimization efforts should not be focused on one strategy or feature. Instead, it should be evaluated holistically. Azure provides various ways to save money by removing waste, right-sizing, purchasing reservations, savings plans, and highly discounted Spot VMs.
Let’s first explore highly discounted Spot VMs. They are excess Azure capacity available to you with deep discounts without any commitment. The only caveat is that compute can be taken away within 30 seconds of notice so the workload has to be architected in such a way that can handle the eviction. Before you purchase the Spot VMs, you need to decide on the region and SKU since the prices vary based on those. Azure does provide an excellent view of the past 3 months of Spot VM prices and the rate at which eviction was executed. Use this key information to decide the region and SKU selection.
On the other hand, Spot Priority Mix is the best of both worlds. It’s a mix...
