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Cost Management
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Frequently asked questions
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What is Cloud Cost Management for Azure?
Cloud cost management for Azure involves using tools and strategies to monitor, allocate, and optimize your spending on Azure services. It's about gaining insights into your cloud usage patterns, identifying cost-saving opportunities, and implementing best practices to ensure efficient resource utilization.
Who can use Azure Cost Management?
Azure Cost Management is available to all Azure customers, including Enterprise Agreement (EA) customers, Microsoft Customer Agreement (MCA) customers, and those with pay-as-you-go subscriptions.
What are some best practices for optimizing costs with Azure Cost Management?
Some best practices include regularly reviewing your cost reports, setting up budgets and alerts, identifying and eliminating underutilized resources, and using Azure Reservations to save on long-term usage.
What is the relationship between FinOps and Cloud cost management?
FinOps provides the framework and collaborative processes to make informed decisions about cloud spending, while Cloud cost management supplies the tools and data needed to execute those decisions. Together, they create a holistic approach to managing cloud costs, ensuring resources are used efficiently and financial goals are met.