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Homework answers / question archive / CMIT 336 Week 6 Discussion Cost management is a critical tool in the Azure portal that budget officers rely on to manage their billings

CMIT 336 Week 6 Discussion Cost management is a critical tool in the Azure portal that budget officers rely on to manage their billings

Computer Science

CMIT 336 Week 6 Discussion

Cost management is a critical tool in the Azure portal that budget officers rely on to manage their billings. Budget officers or system managers can configure alerts and conditions for various reasons. 

Assume the role of an Azure budget officer who is managing four accounts. Your supervisor asks what tool will be used to manage different billing accounts. What would you tell your supervisor? Discuss with your classmates the various tools that can be used to manage Azure budgets and billing accounts.  

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Tools to Manage Azure Budgets and Billing Accounts

Azure budget and billing accounts cost management refer to Microsoft tools that aid in analyzing, managing and optimizing workload costs. The tools help organizations to take advantage of the benefits provided by cloud computing. An azure pricing calculator is used to manage budgets and billings; it estimates up-front cloud costs and set spending thresholds (Soh et al., 2020).  The tool helps prevent cost thresholds or surpassing of limits. An azure hybrid benefit is also a tool that uses current on-premises windows to save on accounts; it shows cost and usage patterns with advanced analytics. This tool clearly shows how expenses are organized and different ways to reduce costs.

An azure advisor is a tool that gives recommendations about reserved instance purchases that help people track their accounts and budget on what they have (Soh et al., 2020). The suggestions help in optimizing and improving efficiency by identifying resources that are not active. A cost analysis tool can analyze costs by viewing aggregated prices and identifying trends in spending.  The cost analysis tool enables people to see accumulated costs and analyze their Azure monthly, quarterly, and yearly cost trends before making their budgets.  Azure migrate is an essential tool in billing accounts and budgets that assesses current workload datacenters to get insights about Azure replacement solutions.

 

 

 

 

Reference

Soh, J., Copeland, M., Puca, A., & Harris, M. (2020). Budgeting and Cloud Economics. In Microsoft Azure (pp. 87-100). Apress, Berkeley, CA.

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