Cost Management Updates – September 2022 | Azure blog and updates

Cost Management Updates – September 2022 |  Azure blog and updates

Whether you’re a new student, a thriving startup, or the largest corporation, you have financial constraints and need to know what you’re spending, where, and how you’re planning for the future. Nobody wants a surprise when it comes to the bill, and here it isMicrosoft Expense Management come in.

We’re always looking for ways to learn more about your challenges and how Microsoft Cost Management can help you better understand where costs are occurring in the cloud, identify and prevent bad spending patterns, and optimize costs so you can being able to do more with less. Here are some of the latest improvements and updates based on your feedback:

Let’s dive into the details.

Monitor your budgets from the Azure mobile app

In June we shared the addition of your current costs to the Azure mobile app. This was great because it gave you direct access to your expenses anytime, anywhere. The experience has now been enhanced and you can now track your budgets on the go.

To view your budgets, simply open a subscription or resource group and select the Cost Management tile. You’ll see a new screen with your current costs, forecasts, last month’s costs, and any budgets you’ve created.

What would you like to see next?

Insights into cost savings in the cost analysis preview

Cost optimization is arguably the most important goal for companies using cost management. When I talk to people about how to increase cost efficiencies, I always start with Azure Advisor. Advisor recommendations are the fastest way to fix some of the most common inefficiencies. Unfortunately, many still don’t know about Azure Advisor or forget to check for new recommendations. To help you design the most efficient solutions, the cost analysis preview now includes a summary of your subscription cost recommendations.

Screenshot of cost analysis preview with insight showing cost savings of up to $497 per month.

We hope this will help you increase the cost efficiency of your resources. You’ll find this in subscriptions today, and we’re working on extending this to resource groups as well.

learn more about Insights into cost savingsor take a look for yourself Preview of the cost analysis. Let us know what you’d like to see next!

We want to learn more about your cloud commerce experience

Are you responsible for managing Microsoft 365 and Azure cloud costs? We’d love to hear more about your experiences and business processes related to your cloud costs. If you would like to participate in a 60 minute interview with us, please get in touch [email protected]

What’s new in Cost Management Labs

WithCost Management LabsGet a sneak peek at what’s new in Microsoft Cost Management and get in touch with us directly to share feedback and help us better understand how you use the service so we can provide more tuned and streamlined experiences . Here are some features you can see in Cost Management Labs:

  • Updated: Insights into cost savings in the cost analysis preview– Now available in the public portal.
    Identify potential savings available through the Azure Advisor cost recommendations for your Azure subscription. You can sign up via Try preview.
  • Updated: Product column experiment in cost analysis preview– Now available in the public portal.
    We’re testing new columns in the Resources and Services views in the Microsoft Customer Agreement Cost Analysis Preview. A single product column may appear instead of the Service, Tier, and Meter columns. Please leave feedback to let us know what you prefer.
  • Forecast in the cost analysis preview.
    View your projected costs for the period above in the cost analysis preview. You can sign up via Try preview.
  • Group related resources in the cost analysis preview.
    Group related resources such as disks under VMs or web apps under App Service plans by adding a cm-resource-parent tag to the child resources with a value of the parent resource ID.
  • Charts in the cost analysis preview.
    View your daily or monthly expenses over time inPreview of the cost analysis. You can login with Try Preview.
  • View the cost of your resources.
    The cost of your resources is just a click away from the resource overview inpreview portal. Just click View Cost to quickly jump to the cost of that resource.
  • Change range from the menu.
    Change the scope from the menu for faster navigation. You can login with Try Preview.

Of course, that’s not all. Any change in Microsoft Cost Management is available in Cost Management Labs one week prior to its release in the full Azure portal or Microsoft 365 admin center. We’re excited to hear your thoughts and understand what you’d like to see next. What are you waiting for? To attemptCost Management Labstoday.

New licensing benefits make it easier to bring workloads and licenses to partner clouds

On October 1, 2022, Microsoft will implement significant upgrades to our outsourcing and hosting terms that will benefit customers worldwide. Additional benefits enable new scenarios for how customers can license and run workloads with cloud providers, including partners in the Cloud Solution Provider program. These changes will support customers’ ability to move their licenses to a partner’s cloud, leverage shared hardware, and have more flexibility in their software license deployment options. With these changes, customers have additional options to deploy their solutions more flexibly. See Microsoft licensing newsfor more details on what we are doing to offer our customers more flexibility and choice. You can also see how we’re working with partners to make hosted clouds easier for customers, whether they bring their licenses with them or get them from a partner. Partners learn more atMicrosoft Partner Blog.

New ways to save money on the Microsoft cloud

Check out these seven generally available updates that can save you money:

Documentation updates

Here are some documentation updates that might interest you:

Want to keep track of all documentation updates? Try thisChange history of expense management and billing documentationin whichAzure DocsRepository on GitHub. If something is missing, select itTo editat the top of the document and submit a quick pull request. You can also submit a GitHub issue. We welcome and appreciate all contributions!

Join the Microsoft Cost Management team

Are you excited to help customers and partners better manage and optimize costs? We’re looking for passionate, committed, and exceptional individuals to help build best-in-class cloud platforms and experiences that enable just that. If you have experience with big data infrastructures, reliable and scalable APIs, or rich and engaging user experiences, you won’t find a better challenge than serving every Microsoft customer and partner in one of the most critical areas for cloud success.

Watch the video below to learn more about the Microsoft Cost Management team:

Join the Microsoft Commerce Platform and Experiences (CPX) team.

Join our team.

What’s next?

These are just some of the big updates over the past month. Don’t forget to check them outprevious Microsoft Cost Management updates. We’re always listening and making improvements based on your feedback, so please continue to provide us with feedback.

consequences@MSCostMgmton Twitter and subscribe to theYoutube channelfor updates, tips and tricks. You can also share ideas and vote others in theCost Management Feedback ForumorJoin the research panelParticipate in a future study and help shape the future of Microsoft Cost Management.

We know these are difficult times for everyone. Best regards from the Microsoft Cost Management team. Stay safe and stay healthy.

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