Microsoft Cost Management
Let’s consider that SpringToys uses various Azure resources such as virtual machines to host its web servers, databases, and other applications. In addition to keeping track of those resources, the company has multiple business units such as marketing, IT, and operations that use Azure services. Each department has its own budget allocation and continuously manually adjusts its usage to reduce costs.
Using Microsoft Cost Management, SpringToys can monitor the cost of Azure resources and keep track of the spending of each business unit, ensuring each stays within its budget. Moreover, Microsoft Cost Management can be utilized to analyze Azure spending patterns over time to identify areas where an organization can optimize its usage and reduce costs.
Microsoft Cost Management components
Microsoft Cost Management comprises a suite of components to monitor, allocate, and optimize the cost of your cloud workloads:
- Cost Management: This is...