Introducing cost optimization

As we just discussed, business stakeholders are very much concerned about the ROI that they get from cloud adoption. Although the cloud is not a new concept, we lack people with the right skills to manage the cloud. Due to this very same reason, a misconfiguration could lead to major cost implications. Nevertheless, Azure provides tools and solutions to ensure that there is predictivity and tracking of costs. The cost optimization pillar offers a set of principles to ensure that your cloud workloads are optimized and that the cost aligns with the business goals and requirements without diminishing the ROI. In short, the idea is to eliminate waste, eradicate unnecessary expenses, and improve cost efficiency without compromising performance.

In on-premises, we procure hardware based on the business forecast. Buying hardware is a capital expenditure, and if the business does not go as expected, the purchased hardware is a liability. When it comes to the...