1. Shut Down Unused Resources
Use Cost Advisor to detect idle VMs, ExpressRoute circuits, and other resources. Get recommendations on what to shut down for potential cost Savings.
2. Right-Size Idle Resources
Find idle resources with Cloud Advisor and get recommendations on how to reduce your spend by reconfiguring or consolidating them.
3. Saving plan for compute for Dynamic Workloads
Save up to 65% OFF pay-as-you-go pricing when you commit to spend a fixed hourly amount on compute services for one or three years.
4. Reserve Instances for Consistent Workloads
Get a discount of up to 72% over pay-as-you-go pricing on Cloud Services when you prepay for a one- or three-year term with reservation pricing
5. Configure AutoScaling
Auto Scaling helps you dynamically adjust your resources to match your demand. It can help you improve performance, availability, and cost-efficiency.
6. Choose the Right Computing Service
Cloud providers offer many ways to host your code. Operate more cost-efficiently by selecting the right compute service for your Application
7. Cost Explorer
Visualize, understand, Control your spending with budgets, alerts, quota limits, and other free cost management tools.
8. Use Discounting:
Leverage Offers and licensing terms, paying in advance for predictable workloads with reservations, Cloud Spot Virtual Machines, and Cloud savings plan for compute pricing.
9.Tag and Group Resources
Use tags and resource groups to organize your Cloud resources and understand their costs.
10. Implement Cost Management Governance
Mitigate Cloud Spending risks by implementing cost management Control, budgets, alerts, quota limits and other tools..