Mod 14 - Describe cost management in Azure Flashcards
Describe the 6 factors that can affect costs in Azure
- Resource type
- Consumption
- Maintenance
- Geography
- Subscription type
- Azure Marketplace
- Resource type factor
o Azure creates metered instances for that resource. The meters track the resources’ usage and generate a usage record that is used to calculate your bill.
- Consumption factor
o you pay for the resources that you use during a billing cycle. If you use more compute this cycle, you pay more. If you use less in the current cycle, you pay less
o When you reserve capacity, you’re committing to using and paying for a certain amount of Azure resources during a given period (typically one or three years).
- Maintenance factor
o Making sure you deprovision all resources that are no longer being used
- Geography factor
o With this global deployment comes global pricing differences. The cost of power, labor, taxes, and fees vary depending on the location.
o Some inbound data transfers (data going into Azure datacenters) are free. For outbound data transfers (data leaving Azure datacenters), data transfer pricing is based on zones.
- Subscription type factor
o Some Azure subscription types also include usage allowances, which affect costs
- Azure Marketplace factor
o Azure Marketplace lets you purchase Azure-based solutions and services from third-party vendors. This could be a server with software preinstalled and configured, or managed network firewall appliances, or connectors to third-party backup services
Pricing calculator
designed to give you an estimated cost for provisioning resources in Azure
how does pricing calc work?
How it works:
1. you select the service you plan to use
2. in that category, fill the the details of how large a resource you need
3. check result for estimated cost
TCO calculator
designed to help you compare the costs for running an on-premises infrastructure compared to an Azure Cloud infrastructure
how does TCO calc work?
How it works: enter your current infrastructure configuration, including servers, databases, storage, and outbound network traffic. The TCO calculator then compares the anticipated costs for your current environment with an Azure environment supporting the same infrastructure requirements
The three types of cost alerts
- Budget alerts
- Credit alerts
- Department spending quota alerts.
Describe the purpose of tags
: Tags provide extra information, or metadata, about your resources to help manage costs in azure
what does a * A resource tag consists of
a name and a value. You can assign one or more tags to each Azure resource
what are the 6 uses for metadata/tags
- Resource management
- Cost management and optimization
- Operations management
- Security
- Governance and regulatory compliance
- Workload optimization and automation