Azure Cost Management

Azure Cost Management by Orcheds helps users monitor and optimize cloud computing costs, real-time monitoring and its forecasts.

Azure Cost Management

Why Azure Cost Management?

Organizations looking to lower the costs for Google Cloud platforms, Amazon Web Services, and Microsft Azure might find that Microsoft Azure Cost Management is the right tool for them. With Microsoft Azure Cost Management, companies can set spending limits as well as create budgets for projects and business units. Stakeholders can be immediately alerted when overspending happens so that teams learn to manage their expenditures.

Get full access to cloud cost management capacities

Save money and time with Orcheds Overcast, a flexible cloud cost management and optimization solution designed for the Microsoft cloud. Azure Cost Management empowers organizations to monitor cloud spend, drive organizational accountabilities, and optimize cloud efficiency so they can accelerate future cloud investments with confidence. Azure now offers end-to-end cost management and optimization solution that helps customers and partners make the most value for every cloud dollar spent. We will fully integrate Cost Management with the rest of Azure services over time, so customers and partners can enjoy a more unified user experience. With Azure Cost Management, Microsoft is committed to continuing the investment in supporting a multi-cloud environment including Azure, AWS and Google Cloud Platform.

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Microsoft Azure Cost Management features

Main features of Microsoft Azure Cost Management are:

Cloud Costs Optimization

Cloud Costs Optimization

Cloud cost optimization is the process of reducing your overall cloud spend by identifying mismanaged resources, eliminating waste, reserving capacity for higher discounts, and Right Sizing computing services to scale.

Reports and Forecasts

Reports and Forecasts

Azure Cost Management reports allow you to track and keep an eye on spending at any level of the organization. Reports can be created on any scope above your Azure resources, from the billing account or a management group down to the resource groups where you’re managing your apps.

Cloud Budget Allocating

Cloud Budget Allocating

With Orcheds, you can define a set of accounts and services that map to your organizational and financial reporting structure through Views. You are able to allocate multiple budgets per View and review your budgets across all of your cloud providers through a single pane of glass.

Recommendations

Recommendations

Azure Cost Management and billing helps you understand Azure billing, manage your account and subscriptions, monitor and control Azure spending, and optimize resource use. Learn how to analyze costs, create and manage budgets, export data, and review and act on recommendations.

Cloud Spend Monitoring

Cloud Spend Monitoring

Cloud monitoring uses tools to manage, monitor and evaluate cloud architecture, infrastructure and services. Cloud monitoring covers more than spend alone; it forms an important part of cloud management strategy, allowing users to monitor and optimise their cloud-based resources.

Alerts

Alerts

Cost alerts are automatically generated based when Azure resources are consumed. Alerts show all active cost management and billing alerts together in one place. When your consumption reaches a given threshold, alerts are generated by Cost Management.

Azure Cost Management Benefits

Microsoft Azure Cost Management Benefits

The main benefits of Microsoft Azure Cost Management are its real-time monitoring, its forecasts, and its ability to make teams accountable for their expenses. Since users of Microsoft Azure Cost Management are armed with tools that can keep track of real-time expenses that are cloud-related, they can be confident that everything stays within their cloud budget. When Microsoft Azure Cost Management interfaces with Google Cloud, AWS, and Microsoft Azure, users can effectively collect information about cloud usage and billing. Just by looking at a single window, users can get insights on expenses across various cloud services and cloud consumption. Custom dashboards can also be built so that relevant data can be easily viewed.

The forecasting feature that comes with Microsoft Azure Cost Management also enables users to adequately prepare for the future. It does this by looking at historical data and the insights gained from that can be used for better preparation and planning when it comes to the cloud budget.
Costs can be allocated to projects and teams, rather than having an organizational cloud budget that is inflexible. This encourages accountability among teams when it comes to expenses that are cloud-related. This also encourages teams to give the proper personnel access to data.
Budget thresholds can also be created with Microsoft Azure Cost Management, with users immediately alerted whenever a project or team is close to exceeding the limits set for expenses.

Azure Cost Management Supports a Multi-cloud Environment

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Who can use Azure Cost Management

Over 70 percent of Azure enterprise customers are using Azure Cost Management. As enterprises accelerate cloud adoption, they are finding that it’s getting more difficult to manage cloud spend across the organization. Microsoft Azure Cost Management, also known as Cloudyn, helps organizations effectively manage and optimize cloud spend across Azure and other clouds.
Azure Cost Management, available to all Azure customers and partners, is a SaaS solution that empowers organizations to monitor, allocate, and optimize cloud spend in a multi-cloud environment. With Azure Cost Management, Microsoft is committed to continuing the investment in supporting a multi-cloud environment including Azure, AWS, and Google Cloud Platform.
With the addition of Cost Management to the Azure family, Azure now offers end-to-end cost management and optimization solution that helps customers and partners make the most value for every cloud dollar spent. We will fully integrate Cost Management with the rest of Azure services over time, so customers and partners can enjoy a more unified user experienc

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