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Azure Cost Management OverviewUNIXBusinessApplication

Azure Cost Management is #3 ranked solution in top Cloud Cost Management tools. PeerSpot users give Azure Cost Management an average rating of 8.2 out of 10. Azure Cost Management is most commonly compared to AWS Savings Plans: Azure Cost Management vs AWS Savings Plans. Azure Cost Management is popular among the large enterprise segment, accounting for 62% of users researching this solution on PeerSpot. The top industry researching this solution are professionals from a computer software company, accounting for 27% of all views.
Buyer's Guide

Download the Cloud Cost Management Buyer's Guide including reviews and more. Updated: September 2022

What is Azure Cost Management?

Azure Cost Management empowers organizations to monitor cloud spend, drive organizational accountabilities, and optimize cloud efficiency so they can accelerate future cloud investments with confidence.

Azure Cost Management was previously known as Microsoft Azure Cost Management, Cloudyn.

Azure Cost Management Customers

Quixey, Infomedia, Panaya, Wix.com, Mirabeau, Mi9, GetTaxi, Outsmart Studios, Bownty, BlazeMeter: The Load Testing Cloud, Irdeto, Effective Measure, Totango, Nextdoor, BranchOut, The BioTeam, Evolven, Netotiate, ClickSoftware

Azure Cost Management Video

Azure Cost Management Pricing Advice

What users are saying about Azure Cost Management pricing:
  • "Based on the transitional cost we charge, it's not expensive, but could be better."
  • "The solution is free. It's part of having an Azure subscription."
  • Azure Cost Management Reviews

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    Senior Systems and Infrastructure Engineer at a real estate/law firm with 1,001-5,000 employees
    Real User
    Top 20
    It helps us analyze the data on service usage and optimize spending, but it could use more automation
    Pros and Cons
    • "Azure Cost Management helps us analyze the data on service usage and decide how to go ahead with the recommendations. You can automate it by writing custom automation scripts."
    • "The built-in reports from Azure Cost Management aren't intelligent. It will estimate where you could potentially save money, but it's not like Turbonomic, which has a smart engine. It is dynamically managing and automating the transition to the right cost model. It's a dynamic cost management module."

    What is our primary use case?

    Azure Cost Management helps us analyze the data on service usage and decide how to go ahead with the recommendations. You can automate it by writing custom automation scripts. We're still evaluating how to implement Cost Management in parallel with Turbonomic to find out what suits us best.

    We're using Cost Management for rightsizing our Azure capability. At the moment, our virtual machines in Azure are set up using templates, so they're not rightsized to be cost-effective. We need to control our costs.

    We need tools to manage and understand how to rightsize and save money. On the other side, we also need to know where we don't have enough resources and how much we need to spend to improve service. Our team has about six people monitoring budgets and cost management. It's six engineers looking to optimize and manage costs.

    What is most valuable?

    Azure Cost Management is integrated into Azure products. It's a built-in function that Microsoft makes available to help you get an idea of how much money you're spending. Within Azure, you have a thing called a reserved instance. Instead of paying as you go, Microsoft offers a discount if you buy a lot of resources in advance. That's called a reserved instance.

    What needs improvement?

    The built-in reports from Azure Cost Management aren't intelligent. It will estimate where you could potentially save money, but it's not like Turbonomic, which has a smart engine. It is dynamically managing and automating the transition to the right cost model. It's a dynamic cost management module. 

    It should be dynamic and adaptable instead of static. Azure should allow you to scale up and scale down on demand. Sometimes if you decide not to pay, it will affect your performance. The more you spend, the more resources you get.

    For how long have I used the solution?

    I've been using Azure Cost Management for less than a year. We have been using it for the last couple of months. It is constantly developing as a function within Azure. This cost management module we're using now was not available half a year ago.

    Buyer's Guide
    Cloud Cost Management
    September 2022
    Find out what your peers are saying about Microsoft, Cloudability, CloudCheckr and others in Cloud Cost Management. Updated: September 2022.
    632,779 professionals have used our research since 2012.

    What do I think about the scalability of the solution?

    This is a Microsoft cloud service, so it can scale up as much as you can afford. 

    How are customer service and support?

    We're paying for premium support, so there's no issue.

    Which solution did I use previously and why did I switch?

    We started with Turbonomic running on-prem but on an evaluation basis. We're evaluating Turbonomic and Azure Cost Management side by side to see the best tool to use. We don't want to use two.

    The good thing about Azure Cost Management is that we don't have to pay extra because it's a built-in function, but it takes more resources to manage, and it's not dynamic. Turbonomic has a small cost, but it's not very much and gives us much more functionality. Turbonomic is an artificial intelligence kind of advisor. It will say, "Okay, these are all the machines. This is what you're paying, but you need to do this and this." Then you can then automate your cost savings.

    Azure Cost Management provides suggestions for what to do, whereas Turbonomic offers cost monitoring, and it can adjust VMs on the fly. Azure gives you an overview and tells you how much to invest to save money. It's a lengthy process because there's no backend logic to automate and make the best decision for you. Turbonomic does this now. It will analyze the same data as Azure Cost Management. It knows what you're running and what you're paying for it.

    How was the initial setup?

    There's no setup. It's a built-in product that comes with Azure cloud services. It's enabled by default, but you have to configure it to run reports and analyses. It's not like Turbonomic, which is a third-party product that requires you to purchase a license.

    What other advice do I have?

    I rate Azure Cost Management seven out of 10. Cloud computing services are expensive, and if you're not aware of what you're doing, you can run up a costly bill. It is essential to have, but you need to know the performance you need for the machines you're running in Azure. You have to tailor it to your budget.

    Some companies don't do cost management because of the overhead. They're quite happy to pay for things to be running. It all depends. If you're running machines in Azure that make you a lot of money, then cost management is always good. In our case, we're a charity, so we need to be efficient with our money.

    Disclosure: I am a real user, and this review is based on my own experience and opinions.
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    GlenKerr - PeerSpot reviewer
    VP GTM Operations at a tech company with 51-200 employees
    Real User
    Top 10
    Good reporting and ideal for small to medium-sized companies but needs better policy-based remediation
    Pros and Cons
    • "We don't actually use the Azure Cost Management features. We have our own capabilities. We put our own technology on top of Azure as Azure doesn't deliver a really good cost optimization, so our customers come to us to enhance what they're potentially doing inside their Azure platform."
    • "The policy-based remediation is probably the biggest area where Azure is lacking and that's why we sell a lot of our technology to our customers."

    What is our primary use case?

    We primarily sell the solution to our clients. We also have our own solution. We do cost reporting including budgets and budget alerts and unused services like SQL databases, ABMs, managed disk, Cosmos DB, service plan and usage, and the detailing of all of that.

    What is most valuable?

    We don't actually use the Azure Cost Management features. We have our own capabilities. We put our own technology on top of Azure as Azure doesn't deliver a really good cost optimization, so our customers come to us to enhance what they're potentially doing inside their Azure platform.

    We do AWS and Azure. We do it all automatically to identify cost remediation or optimization targets and then put into automation or policy automation to continue to remediate based on tagging, subscriptions, service type, and a whole bunch of other things.

    What needs improvement?

    The policy-based remediation is probably the biggest area where Azure is lacking and that's why we sell a lot of our technology to our customers.

    We don't really use the Azure tools that much. We look at the underlying services themselves. I don't really go into the Azure console and therefore I don't know about specific missing features. It's actually quite good as a solution. It's actually pretty reasonable. However, it just doesn't have the automation that's required at scale.

    For how long have I used the solution?

    We've been in business since 2013, therefore, we've been using the solution for about seven years.

    What do I think about the stability of the solution?

    We need more automation. Otherwise, our clients can't do what they need to do, and, in that sense, the solution doesn't really work for our purposes.

    What do I think about the scalability of the solution?

    Scalability isn't a problem per se, however, it comes back to the policy-based stuff. A lot of our customers can't use a manual interface to do what needs to be done. They need automation to do it. The solution in general lacks that capability. Therefore, it doesn't make sense to scale.

    How are customer service and technical support?

    We don't really contact technical support as we have our own platforms that handle things. We don't require their assistance.

    What other advice do I have?

    We're a cloud management company. I run sales, so I am not using the solution to any great technical extent.

    We have a technical relationship with Azure. We're very integrated with Azure. Not just from a Cost Management perspective, but also from orchestrated Azure services. We're an extra service delivery platform. We actually hook into Azure, Alibaba, GCP, AWS, OpenStack, Nutanix, VMware. We're hooked into 27 different public cloud providers and private hypervisor solutions.

    The solution is a SaaS-based product.

    We run our own platform. We basically have a SaaS service. We connect into Azure subscriptions or Azure EA or CSP, and the customer will then provide us with credentials, and then we would basically automate all of the customer mediation across Azure. We would identify approximate remediation times as suggested across many different services, and then automatically put in policy-based workflows that would continue to remediate the services deployed within the Azure environment.

    We do certify our platform with the Azure certification programs. We are certified in the marketplace in terms of connecting to the marketplace and their APIs. We look at deeper aspects of the product and read up on technical support about the Azure console front end.

    Overall, I would recommend it to small and medium businesses. I wouldn't recommend it to large enterprises due to the lack of automation.

    I do quite like the product and would rate it seven out of ten.

    Disclosure: My company has a business relationship with this vendor other than being a customer: Integrator
    PeerSpot user
    Buyer's Guide
    Cloud Cost Management
    September 2022
    Find out what your peers are saying about Microsoft, Cloudability, CloudCheckr and others in Cloud Cost Management. Updated: September 2022.
    632,779 professionals have used our research since 2012.
    General Manager at HCL Technologies
    Real User
    Top 5
    Has well-defined product features and provides good documentation and guides for its users
    Pros and Cons
    • "What I like the most about Azure Cost Management is that it's similar to a native service, and it has very well-defined product features, particularly if a customer is moving to Azure, then it gives proper insight in terms of compatibility and what benefits a customer can get from the solution."
    • "What would make Azure Cost Management better is a more flexible GUI that would allow users to provide more input. Another area for improvement in the solution is its reporting. The report it provides should be easy to understand."

    What is our primary use case?

    Azure Cost Management is being used for the infrastructure services our customers have in terms of how we can best optimize them and how we can propose the solution to customers, for example, if there are on-premises workloads that can be moved to the cloud, etc.

    What is most valuable?

    What I like the most about Azure Cost Management is that it's similar to a native service, and it has very well-defined product features, particularly if a customer is moving to Azure, then it gives proper insight in terms of compatibility and what benefits a customer can get from the solution.

    What needs improvement?

    What would make Azure Cost Management better is a more flexible GUI that would allow users to provide more input. Another area for improvement in the solution is its reporting. The report it provides should be easy to understand.

    What do I think about the stability of the solution?

    Azure Cost Management is a very stable solution. My company didn't have any problems in terms of stability.

    What do I think about the scalability of the solution?

    Azure Cost Management is a scalable solution. As it's integrated with all Azure services, it's scalable.

    How are customer service and support?

    My team never contacted technical support for Azure Cost Management because the solution has very good documentation and guides on the website, so there were never any problems with it.

    How was the initial setup?

    The initial setup for Azure Cost Management was straightforward. My team implemented it and it was very straightforward. The solution didn't take much time to onboard.

    What about the implementation team?

    We implemented Azure Cost Management in-house.

    What's my experience with pricing, setup cost, and licensing?

    At the moment, I don't remember the licensing cost for Azure Cost Management.

    What other advice do I have?

    My company explored the features of Azure Cost Management, used the solution, and continues to provide consulting to customers. The decision-making of whether to use the solution or not is left to the customers after my company gives options. My company also configures Azure Cost Management and gives guidance to customers.

    More than ten to fifteen clients are using the solution.

    Azure Cost Management is a solution my company can recommend. Wherever it is required, my company would recommend it.

    My rating for Azure Cost Management is eight out of ten.

    Which deployment model are you using for this solution?

    Public Cloud
    Disclosure: My company has a business relationship with this vendor other than being a customer: Partner
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    Senior Project Manager at a computer software company with 1,001-5,000 employees
    Real User
    Top 10
    Easy to manage, good interface with good support, but some features should be optimized
    Pros and Cons
    • "The interface is good, and it's easy to manage."
    • "Optimization and scalability could be increased."

    What is most valuable?

    The interface is good, and it's easy to manage.

    What needs improvement?

    They can optimize some of the features.

    Optimization and scalability could be increased.

    Also, the licensing cost and transitional cost can be reduced.

    For how long have I used the solution?

    I have been using this solution for almost one year.

    We are using the latest version.

    What do I think about the stability of the solution?

    This is a stable product.

    What do I think about the scalability of the solution?

    This is a scalable solution.

    We have approximately 500 users in our organization.

    How are customer service and technical support?

    Technical support with Microsoft is good.

    Which solution did I use previously and why did I switch?

    Previously, we did not use another solution.

    How was the initial setup?

    The initial setup is straightforward.

    It can take one to two hours to deploy depending on the configurations.

    There is very little maintenance required.

    What about the implementation team?

    We used an integrator to help with the implementation of this solution.

    What's my experience with pricing, setup cost, and licensing?

    Based on the transitional cost we charge, it's not expensive, but could be better.

    What other advice do I have?

    We have our license for one year. We will use this solution during that time, after that, we will evaluate other solutions that are available in the market and decide if we will continue or move to another solution. 

    I would recommend this product to anyone who is deploying to the cloud.

    I would rate this solution a seven out of ten.

    Which deployment model are you using for this solution?

    Public Cloud
    Disclosure: I am a real user, and this review is based on my own experience and opinions.
    PeerSpot user
    ArturoJimenez - PeerSpot reviewer
    Supervisor, Vendor Solutions at TD SYNNEX
    Real User
    Top 20
    Allows customers to see their consumption in real time
    Pros and Cons
    • "The most valuable feature is that our customers can see their consumption in real time. Even though we have a couple of analytics provided by our company, those are not in real time."
    • "I haven't detected anything that needs improvement, but any solution could be improved."

    What is our primary use case?

    We provide this solution for all of our customers. We have been providing it since it was released. We are using it to assist our customers.

    How has it helped my organization?

    The amount of customers we have reached has increased.

    What is most valuable?

    The most valuable feature is that our customers can see their consumption in real time. Even though we have a couple of analytics provided by our company, those are not in real time.

    What needs improvement?

    I haven't detected anything that needs improvement, but any solution could be improved. 

    What do I think about the stability of the solution?

    It's stable.

    What do I think about the scalability of the solution?

    It's scalable.

    Which solution did I use previously and why did I switch?

    We used a different solution, but we switched because the one provided by Microsoft is free.

    How was the initial setup?

    It was straightforward. It's embedded on the Azure Portal, so there's no installation time. There's nothing to be installed.

    What was our ROI?

    Since we are a DC, we only provide this solution to customers. They pay our fees, so there's not too much invested in this.

    What's my experience with pricing, setup cost, and licensing?

    The solution is free. It's part of having an Azure subscription.

    What other advice do I have?

    I would rate this solution 10 out of 10.

    Disclosure: My company has a business relationship with this vendor other than being a customer: distributor
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    Nigel Mullings - PeerSpot reviewer
    Enterprise Cloud Architect - Azure at a consultancy with 11-50 employees
    MSP
    Top 20
    It's a free, helpful tool that comes with your subscription.

    What is our primary use case?

    I don't use Cost Management, but I help our customers use it. It does what it says on the tin: it manages costs. We have hundreds of thousands of users. Every customer uses it.

    What is most valuable?

    Our customers use it and like it.

    What needs improvement?

    Cost Management could always provide more details. The more information, the better. They just need to build on what they have now. 

    For how long have I used the solution?

    I have been using Azure Cost Management for five years.

    What do I think about the stability of the solution?

    Cost Management is stable.

    What do I think about the scalability of the solution?

    Cost Management is highly scalable. 

    How are customer service and support?

    I rate Azure support 10 out of 10. It's great. 

    How would you rate customer service and support?

    Positive

    Which solution did I use previously and why did I switch?

    I previously used CloudCheckr. We switched to Cost Management because it's free. 

    How was the initial setup?

    Cost Management doesn't require any setup. It's automatically available.

    What other advice do I have?

    I rate Azure Cost Management 10 out of 10. It's a great tool that comes with your Azure subscription, so why not use it? 

    Disclosure: My company has a business relationship with this vendor other than being a customer: Partner
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    PeerSpot user
    Corporative Account Executive at Visión Software S.A.S.
    MSP
    Helps our customers reduce their costs and makes their organizations more efficient

    What is our primary use case?

    My clients use Azure Cost Management to reduce costs and work more efficiently.

    The solution is very sensitive. Every component must be configured because it affects the project cost.

    We're using the latest version.

    What is most valuable?

    I like the granularity of the tools.

    What needs improvement?

    I would like to see some features included for costing and more information about the components of deployment. Sometimes, it's very difficult to match the component with the solution because the descriptions are not very clear.

    What do I think about the stability of the solution?

    The solution is stable.

    How are customer service and support?

    Technical support is good. I would rate it five out of five.

    How was the initial setup?

    Initial setup is very easy.

    For deployment and maintenance, we need one engineer for five customers.

    What other advice do I have?

    I would rate this solution eight out of 10. 

    When deploying the solution, the first thing the engineer must do is configure text to every component. If the engineer forgets to configure the text, it's a future problem for customers.

    Disclosure: My company has a business relationship with this vendor other than being a customer: Partner
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    Updated: September 2022
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    Download our free Cloud Cost Management Report and find out what your peers are saying about Microsoft, Cloudability, CloudCheckr, and more!