Welcome to this video which provides a quick Glimpse of Azure
Cost Management – my name is Terry Clancy
Azure Cost Managment or ACM
is a native Azure service, designed to allow customers and partners to gain
complete visibility and control of their Cloud spend across Azure and Amazon Web Services
or (AWS).
It is designed to be used by “Managers”, “Finance users”, “App teams” and
developers
and supports a three phase process starting with slice and dice tools for “Visibility”;
Budgeting, RBAC and Scoping tools for “Accountability”;
and Azure Advisor Cost recommendations for optimization .
To access Azure Cost Management,
open the Azure Portal (portal.azure.com) and select:
Cost Management + Billing
and Azure Cost Management generally consists of
Cost Alerts
Advisor Recommendations
and Cloud Connectors
Note that the Cloudyn link you can see there is simply a link to the legacy Cloudyn Portal at Cloudyn.com.
Let's look at Cost Management from a Visiblity Perspective.
This includes, Cost Analysis and Exports
Cost Analysis provides several Built-In views which can be further customized.
The Accumulated Costs View
shows Actual or Amortized spend for the time period selected
for the selected scope.
This is optionally shown against any one of potentially many budgets for the selected scope,
the selected budget is shown here as a red
dashed line.
The Three Pie Charts at the bottom show selected
spend split by your three most important dimensions and/or tags
as selected by you. You can group by any dimension.
For example, Resource group name,
and you can filter on individual members of
dimensions by clicking, for example, here
or here . Or you can multi-select
members of dimensions by clicking on the ad filter
pill here, selecting a dimension
and as you can see, you will have the ability
to select multiple dimension members.
Once selected, a filter can be removed by clicking here.
or column charts,
granularity
from the default accumulated to daily
or to monthly or to None. None removes time from the x axis.
Controls at the top allow you to save the current view,
or share it with those who have permissions to see it.
data behind it.
split with columns for each of the
connecter and through APIs.
To support stakeholder accountability for cloud spend,
Azure Cost Management provides very granular capabilities
to dissect costs so that each stakeholder can see their respective spends,
but not others and not more than they need to.
This is supported by Role Based Access controls, scopes,
dimensions, tags and soon, cost allocation and markups,
all of which will be discussed in more detail in other videos.
Budgets can be set for any scope. If we look at this monthly
budget, for example, we can see it's set for $1,500 per month resetting monthly.
If we then added the budget we can see that we can further filter that scope
Alerts can be set to be triggered when certain
Budget thresholds are met.
which gives enormous flexibility in defining
when alerts are triggered.
Note also that at the bottom here, recipients can be defined to receive emails when any of the Budget
alerts get triggered.
When any of the Cost Alerts are triggered, they are also listed on the Cost Alerts page, so you always
have a summarized view
of all the alerts.
Azure Cost Management provides cost optimization recommendations
by enhancing the Azure Advisor
service's cost recommendations.
If we select advisor recommendations, 4 categories of recommendations are
provided
for this selected scope. If we drill into “Right-size or shutdown underutilized virtual machines”
we see 25 instances of that recommendation.
In each case we can view Usage
as well as many other metrics for that VM
If we decide to accept the recommendation,
it presents a recommended SKU
and there's a selection so we can go ahead a re-size it to that recommended size.
Amazon Web Services or AWS spend can be included in Azure Cost Management.
The Cloud Connectors blade allows you to add AWS Linked Accounts and you can separate and View
Azure and AWS Charges
when you group by “Provider”
as you can see here in the pop up box
and in the bottom left pie chart. As organizations move to the cloud,
cost management is becoming more and more important.
Azure Cost Management is designed to satisfy that need and ensure that Azure Customers
derive optimal value from the cloud.
Thanks for listening, here are some links you may find useful and please see our other videos in the Azure
Cost Management Channel on YouTube,
using the link on this page. All the best
with Azure Cost Management.