Autoscaling is one of the value levers that can help unlock cost savings for your Azure workloads by automatically scaling up and down the resources in use to better align capacity to demand. Not only does it utilize cloud elasticity by paying for capacity only when you need it, you can also reduce the need for an operator to continually monitor the performance of a system and make decisions about adding or removing resources.
For cloud workloads with consistent resource usage, you can buy reserved instances at a significant discount and reduce your workload costs by up to 72 percent compared to pay-as-you-go prices. Azure Reservations can be obtained by committing to one-year or three-year plans for virtual machines, Azure Blob storage or Azure Data Lake Storage Gen2, SQL Database compute capacity, Azure Cosmos DB throughput, and other Azure resources.
Are you still hesitating to move some or all your workloads to the cloud due to the added cost? One of the easiest ways to significantly lower your cost of ownership is by using a special licensing offer called Azure Hybrid Benefit.
Rightsizing is one of the key levers you have for controlling costs and optimizing resources. By understanding cloud economics, and using what Azure provides, you can identify the smallest virtual server instances that support your requirements and realize immediate savings by eliminating unused capacity.