Microsoft Cost Management updates—September 2024

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We're ever looking for ways to larn much astir your challenges and however Microsoft Cost Management tin assistance you amended recognize wherever you're accruing costs successful the cloud, place and forestall atrocious spending patterns, and optimize costs to empower you to bash much with less.

Whether you’re a caller student, a thriving startup, oregon the largest enterprise, you person fiscal constraints, and you request to cognize what you’re spending, wherever it’s being spent, and however to program for the future. Nobody wants a astonishment erstwhile it comes to the bill, and this is where Microsoft Cost Management comes in.

We’re ever looking for ways to larn much astir your challenges and however Microsoft Cost Management tin assistance you amended recognize wherever you’re accruing costs successful the cloud, place and forestall atrocious spending patterns, and optimize costs to empower you to bash much with less. Here are fewer updates that you whitethorn find useful:

Azure OpenAI Service costs

As AI adoption accelerates crossed industries, organizations are progressively integrating these technologies into their halfway operations. With the increasing reliance connected AI, it has go indispensable for our customers to negociate their AI spend. (FinOps for AI). In our past blog, I wrote astir the hourly pricing for Azure OpenAI provisioned throughput units (PTUs) and the instauration of 1-month and 1-year Azure OpenAI provisioned reservations. Here, I volition screen the tools we connection successful Cost Management for you to analyze, monitor, and optimize your Azure OpenAI costs. Please enactment that the tools mentioned beneath are besides applicable for different Azure services.

Analyze costs

We cognize Cost analysis is your go-to instrumentality for getting insights into your costs Customizable views wrong Cost investigation alteration you to radical and filter by aggregate outgo attributes. You tin presumption costs grouped by Tags, assets groups, locations, and much and usage filters to absorption connected the desired attribute. The beneath screenshot shows the customizable views successful Cost analysis.

The bully quality is that you tin usage these existing views that astir of you are already acquainted with to analyse your Azure OpenAI costs arsenic good by utilizing the filters below:

Service sanction = Cognitive Services.

Service Tier/Meter subcategory = “Azure Open AI” oregon “Azure Open AI Reservation”

You could besides usage the “Resource Type = OpenAI” filter but the presumption wouldn’t see preservation purchases. The screenshot beneath shows the “Accumulated costs” presumption successful Cost investigation utilizing the filters mentioned supra and grouped by meter. Grouping by metre allows you to spot input/output costs for your antithetic models for token-based deployments and PTU costs for PTU-based deployments for the selected scope.

chart

Monitor costs:

There are aggregate ways to show Azure OpenAI costs to guarantee that they bash not get retired of power and enactment wrong allotted budgets. Here I volition screen 2 approaches disposable successful outgo management.

Scheduled emails:

Getting email updates for your costs is simply a large mode to enactment connected apical of them and analyse trends and anomalies. You tin subscribe to automated emails for your backstage oregon shared views successful Cost investigation utilizing the “Subscribe” fastener connected apical of your desired presumption (as seen successful the screenshot above) oregon done the Scheduled Actions API. You tin besides adhd members of your squad to person these emails connected a daily, weekly, oregon monthly basis.

Budgets:

If you bash not privation to beryllium amazed by your costs and support your teams accountable for their spend, you indispensable make budgets. With budgets you get alerts erstwhile the existent oregon forecasted costs transcend the threshold you person defined. You could make a fund for your Azure OpenAI costs utilizing the filters mentioned above. Budgets besides enactment calling action groups erstwhile the threshold is met, which allows you to instrumentality automated actions similar calling webhooks, creating tickets, and sending propulsion notifications to the Azure mobile app truthful that you ne'er miss an alert! Setting up budgets is truly casual and tin prevention you a batch of hassle explaining outgo overruns. You tin work much astir fund instauration in our documentation, which covers some the Cost investigation and API experiences.

If you similar a video tutorial, observe how to make Azure Budgets.

Optimize costs

Your outgo optimization travel starts with identifying the close pricing exemplary for your Azure OpenAI deployments. You person 2 models to take from, provisioned throughput units (PTUs) and modular token-based deployments. You tin usage the pricing calculator to estimation costs for these models based connected your predicted usage. For PTU deployments, Azure Open AI Service provisioned reservations tin assistance you prevention important costs. You person the flexibility to spell with a 1-month oregon a 1-year commitment. While purchasing reservations to optimize your costs is the archetypal measurement successful the close direction, it is arsenic important for you to show the utilization of these reservations to debar immoderate wastage. In Cost management, you tin usage the “Reservations + Hybrid benefit” leaf to show the utilization of each your reservations. As seen successful the screenshot below, it tin beryllium recovered nether Optimization connected the left-hand broadside paper successful Cost management.

graphical idiosyncratic    interface, text, application

You tin besides make reservation utilization alerts to beryllium proactively alerted erstwhile the utilization is beneath your configured threshold to maximize your benefits.

We anticipation you tin leverage each these tools to negociate your spending connected Azure OpenAI Service, and arsenic I mentioned above, these are applicable for each Azure services.

New ways to prevention wealth successful the Microsoft Cloud

Here are immoderate of the caller and updated offers you mightiness beryllium funny in:

Documentation updates

Here are a fewer documentation updates you mightiness beryllium funny successful this month:

New: Save connected prime Linux VMs for a constricted time

New: Discover your Microsoft unreality footprint FAQ

New: Manage a Microsoft Azure Consumption Commitment assets nether a subscription

Update: Save costs with Microsoft Azure OpenAI Service Provisioned Reservations

Update: Azure merchandise transportation hub

Update: Change interaction accusation for an Azure billing account

Update: Permissions to bargain an Azure savings plan

Want to support an oculus connected each documentation updates? Check retired the Cost Management and Billing documentation alteration history in the azure-docs repository connected GitHub. If you spot thing missing, select Edit at the apical of the papers and taxable a speedy propulsion request. You tin besides taxable a GitHub issue. We invited and admit each contributions!

What’s next?

These are conscionable a fewer of the large updates from past month. Don’t hide to cheque retired the previous Microsoft Cost Management updates. We’re ever listening and making changeless improvements based connected your feedback, truthful delight support the feedback coming.

Follow @MSCostMgmt on Twitter and subscribe to the YouTube channel for updates, tips, and tricks. You tin besides stock ideas and ballot up others successful the Cost Management feedback forum or join the probe panel to enactment successful a aboriginal survey and assistance signifier the aboriginal of Microsoft Cost Management.

Want to larn much astir Azure OpenAI Service for gathering generative AI applications? Visit the product page and documentation oregon effort it retired successful Azure AI Studio.

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