Azure Reservations Mastery: Mastering Azure Expenses and Cost Reduction

What is the average eviction rate in Canada?

What advantage do spot VMs offer in terms of cost optimization?

Why does the speaker consider creating the workload in a different region?

Which type of license allows you to bring your own licenses to Azure and reduce costs?

What is the main advantage of using Azure Spot VMs?

What is the purpose of Azure Software Assurance?

What does the term 'pay-as-you-go' refer to in Azure?

Which of the following strategies can help reduce costs in Azure by optimizing resource usage?

What should be considered when choosing the right skew type for resources in Azure?

Which of the following can lead to significant cost savings in Azure?

What is the purpose of utilizing tiering options such as hot, cool, and archive storage in Azure?

Tips for Reducing Costs in Azure

Using auto scaling technologies such as virtual machine scale sets, Azure Kubernetes Services, and serverless can help reduce costs by optimizing resource usage.
Choose the right skew type for your resources based on the ratio of CPU to memory usage.
De-allocate resources when they are not in use, such as shutting down virtual machines at night.
Delete resources that are no longer required to avoid unnecessary costs, especially premium disks that can be more expensive than compute resources.
Utilize tiering options such as hot, cool, and archive storage to optimize storage costs based on the frequency of access.
Shift to platform-as-a-service (PaaS) as much as possible to optimize costs.
Use tags to identify and track resource ownership, making it easier to manage and delete resources when necessary.
Take advantage of Azure Advisor for cost optimization recommendations.
Consider Azure reservations to commit to using a certain amount of resources for a one or three-year term and receive a significant discount.
Bring existing on-premises licenses for Windows, SQL, and other software to Azure to take advantage of hybrid use benefits.
Azure reservations and hybrid use benefits can lead to significant cost savings for organizations.
Regularly assess and review your Azure usage and costs to identify further opportunities for optimization.

Test your knowledge on reducing costs in Azure with this quiz. Learn tips and strategies for optimizing resource usage, utilizing tiering options, leveraging platform-as-a-service, and more. Discover how to cut down on unnecessary expenses and maximize your Azure investment.