General availability: Azure Reserved VM Instances
Azure Reserved VM Instances are now generally available. Reserved Instances enable you to reserve virtual machines on a one-year or three-year term and provide up to 72% cost savings compared to pay-as-you-go prices.
For additional information, see the blog post.
Virtual Machine Reserved instance completed
At one other Cloud provider there is cool feature reserved instance. Its means that you are reserving service for 1 year, and you pay much less per month but still you have benefits from clouds since you pay almost the same as on any other VM providers, but at any time you can scale. This would be awesome for many people who by default have 1-2 machines and then use on demand additional resources.Volodymyr Bilyachat