Microsoft Cost Management updates—November 2024 (summary)
Here's a quick run-down of the Cost Management updates for November 2024: Export to Microsoft Fabric preview signup. New Azure OpenAI view in Cost analysis. Estimate costs for Azure OpenAI in Copilot for Azure. Build Cost analysis views in Copilot for Azure. New ways to save money with Microsoft cloud: Storage account default egress limit increase to 200 gbps. Azure backup reduced protected instance fees hana backup. Linux VM promotional offer. Autoscale in vCore based Azure Cosmos DB for MangoDB (Preview). Extended security updates enabled by Azure Arc. New capabilities to aid Migration and Hybrid Cloud Management (Preview). Documentation updates Azure OpenAI, Red Hat Linux, and Nutanix reservations. This is just a quick summary. For the full details, please see Microsoft Cost Management updates—November 2024.
Managing Azure OpenAI costs
As AI adoption accelerates across industries, organizations are increasingly integrating these technologies into their core operations. With the growing reliance on AI, it has become essential for our customers to manage their AI spend. This blog post covers how you can leverage Cost Management to analyze, monitor, and optimize your Azure OpenAI costs. Please note that the tools mentioned below are also applicable for other Azure services.Optimize your Azure costs with our expert guidance, pricing tools, and resources
Efficient management of cloud resources is pivotal for controlling costs and building resilient infrastructure. Taking a strategic approach not only maximizes return on investment but also positions your organization to innovate and manage risk. Recognizing the needs of our customers to bolster their cloud management practices, Microsoft recently launchedAzure Essentialsas an all-in-one showcase for prescriptive guidance, expert training, and AI-assisted solutions.
