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Understanding Cloud Cost Fluctuations with Power BI
Staying on top of your cloud costs requires regular reviews. There are many ways to slice and dice your cloud costs; one approach I find helpful is comparing daily and monthly cost deltas. Below is ...
- Best Practices for Cloud Cost Management with Power BI:
- Define Cost Metrics: Establish a clear set of cost metrics (e.g., total cost, service-wise breakdown, usage patterns) to ensure consistent tracking and analysis.
- Regular Reviews: Schedule regular reviews of your Power BI reports to monitor costs and detect unusual fluctuations early.
- Set Alerts: Power BI allows you to set up alerts based on threshold values, such as when costs increase by more than $1K in a given period, so you can respond to cost changes promptly.
- Cross-functional Collaboration: Use the insights gathered to collaborate with teams (e.g., cloud architects, developers) to optimize usage and improve cost efficiency.