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FinOps Handbook for Microsoft Azure

You're reading from   FinOps Handbook for Microsoft Azure Empowering teams to optimize their Azure cloud spend with FinOps best practices

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Product type Paperback
Published in May 2023
Publisher Packt
ISBN-13 9781801810166
Length 256 pages
Edition 1st Edition
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Author (1):
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Maulik Soni Maulik Soni
Author Profile Icon Maulik Soni
Maulik Soni
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Toc

Table of Contents (19) Chapters Close

Preface 1. Part 1: Inform
2. Chapter 1: Bringing Visibility and Allocating Cost FREE CHAPTER 3. Chapter 2: Benchmarking Current Spend and Establishing Budgets 4. Chapter 3: Forecasting the Future Spend 5. Chapter 4: Case Study – Beginning the Azure FinOps Journey 6. Part 2: Optimize
7. Chapter 5: Hitting the Goals for Usage Optimization 8. Chapter 6: Rate Optimization with Discounts and Reservations 9. Chapter 7: Leveraging Optimization Strategies 10. Chapter 8: Case Study - Realize Savings and Apply Optimizations 11. Part 3: Operate
12. Chapter 9: Building a FinOps Culture 13. Chapter 10: Allocating Costs for Containers 14. Chapter 11: Metric-Driven Cost Optimization 15. Chapter 12: Developing Metrics for Unit Economics 16. Chapter 13: Case Study – Implementing Metric-Driven Cost Optimization and Unit Economics 17. Index 18. Other Books You May Enjoy

Pricing history and eviction rate details

Azure Spot instance prices are variable, based on region and SKU. To provide customers with some visibility, Azure provides the price history of the last 90 days. Use the pricing history details to select the right VM SKU and region where prices are stable and cheap.

To view the Spot VM pricing history, follow these steps:

  1. Go to the Azure Portal.
  2. Create a new VM with Run with Azure Spot discount checked:
Figure 7.8 – Run VM with Spot discount

Figure 7.8 – Run VM with Spot discount

  1. Click on the View pricing history link and it will open up the pricing details page:
Figure 7.9 – Spot VM pricing history for the selected VM SKU

Figure 7.9 – Spot VM pricing history for the selected VM SKU

Here, you can see a price graph for the selected VM for three nearby regions. You can also switch the view to a table.

In the example, as you can see, the price increased at the end of October 2022 from $0.00773 to $0.00812 in Central US.

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