Cost-Efficient Cloud: Strategies For Optimizing Finances During Azure Migration

Maximize your ROI – The definitive guide to cost-efficient cloud migration

Google suggests that even a two-week effort focused on cost-saving can lead to a 10% reduction in cloud expenses for businesses. Some common challenges related to Azure spending include inefficient cost distribution, oversized or underutilized resources, and a lack of cost awareness and accountability. This article discusses strategies for optimizing costs during migration to Azure Cloud.

Deactivate Unused Resources

  • One of the easiest methods for optimizing Azure cloud costs is to deactivate unused resources. Azure provides recommendation services designed to identify redundant resources within your Azure environment. For instance, Azure Advisor, a service of this kind, helps identify idle virtual machines and virtual machine scale sets.

By utilizing these services, you can gain information about your resources’ current usage patterns and performance and receive recommendations on which resources to deactivate to reduce costs. Additionally, Azure Advisor calculates and presents the potential cost savings associated with deactivating these resources. By considering these estimated savings, you can prioritize actions that have the most significant impact on your budget and deactivate them accordingly.

Resizing Underutilized Resources

  • Another effective approach to optimizing Azure costs is right-sizing underutilized resources. Similar to deactivating resources, adjusting them to align with actual workload demands can result in significant savings. During this process, your team of Azure experts will identify underutilized or oversized resources and assist in resizing them according to your workload requirements.

Microsoft Azure offers a range of virtual machine sizes, allowing you to select options that match your needs, from smaller and more cost-effective instances to larger, more powerful ones. By reconfiguring underutilized instances, you can eliminate resource waste and achieve substantial cost savings.

Utilize Azure Hybrid Benefit

  • Utilize the Azure Hybrid Benefit if you host your infrastructure on Windows Server and SQL Servers or have a Linux subscription. This licensing offer enables businesses to achieve up to 76% cost savings, modernize their hybrid environment, and maximize the use of adjacent Azure services and benefits.

Invest In Azure Reserved Instances

  • In addition to reactive Azure cost optimization methods, Azure specialists can take proactive steps to reduce costs. One approach is to invest in Azure reserved instances for one or three years ahead to benefit from the provider’s long-term discounts.

Microsoft Azure states that businesses can save up to 72% on selected Azure services by reserving instances compared to the pay-as-you-go pricing model.

Reduce Storage Expenses

  • Another effective strategy for Azure cost optimization is reducing storage expenses. As enterprise data ages and becomes less frequently accessed, businesses must implement an efficient data lifecycle management process. Your trusted Azure team can assist in migrating data to the appropriate Azure Blob Storage Tiers based on usage frequency.

They will optimize your spending by redistributing data across hot, cool, and archive tiers, each offering different access and storage prices. Additionally, Azure experts can help customize Azure Files and Azure Disk Storage Tiers to align with your performance and pricing requirements. By implementing these practices, you can achieve cost savings, efficiently utilize resources, and enhance business operations.

Use Serverless Technologies

  • cost-efficient cloudLeverage serverless technologies as an alternative cost-reduction method in Azure computing. With this approach, the cloud service provider automatically scales and manages your infrastructure based on demand.

Azure charges only when the software is in operation, enabling enterprises to allocate resources efficiently and lower the total cost of ownership. For businesses utilizing serverless containers like Kubernetes, Microsoft Azure provides integrated reporting tools to manage cloud expenses effectively.

Contact Henson Group to benefit from our Azure Migration or Azure Optimization services. These services provide an in-depth analysis that helps determine exactly how much you will spend on Azure. We help businesses increase accessibility and productivity. Get in touch today for migration, training, and outright support.