Microsoft Price Administration updates—November 2024

At Microsoft Ignite, we introduced key product updates to allow your FinOps journey.

As you could know, November is the month for Microsoft’s largest buyer and companion occasion—Microsoft Ignite. This 12 months, we within the Price administration staff, introduced key product updates at this occasion to allow your FinOps journey. Beneath, you’ll discover a abstract of those enhancements. We invite you to discover and take full benefit of those new options!

Let’s dig into the small print.

Exports to Microsoft Material

Exports is a good way to get your prices and worth datasets to your storage, evaluation and reporting wants. It is rather straightforward to arrange and you may configure it to run at a recurring schedule with no guide intervention. You’ll be able to shortly set it up utilizing the Azure portal or by means of the API. This 12 months we now have made a number of enhancements to our exports resolution together with help for extra datasets, help for parquet format and compression. We simply added another to this record! At Ignite, we introduced restricted availability of our Exports to Material connector OneLake. With this new characteristic, you possibly can export your prices and worth datasets on to Microsoft Material, saving you effort and time to ingest value knowledge into Material out of your storage account.

Please observe that this characteristic isn’t usually obtainable but. You’ll be able to join us to allow this performance to your account by submitting this form. Our staff will get again to you through e mail with related directions within the January timeframe.

With Microsoft Material, you get a unified platform to your knowledge storage, evaluation, and reporting wants. You’ll be able to mix knowledge from a number of sources and leverage Material’s built-in Energy BI to create reporting dashboards for your small business wants. Moreover, you should use pure language prompts to realize insights into your knowledge and for predictive analytics. Be taught extra about Fabric and its’ powerful capabilities.

Azure OpenAI Service prices

Azure OpenAI view

In our final weblog, I wrote about how straightforward it’s to handle your Azure OpenAI Service prices in Cost analysis. You’ll be able to analyze prices for various time intervals, monitor prices utilizing scheduled emails and budgets, and optimize your prices by leveraging Azure OpenAI provisioned reservations.

To make it even simpler so that you can analyze your Azure OpenAI prices, we’re thrilled to announce the provision of a brand new built-in view: Azure OpenAI. On this new view, you possibly can view the prices of working all of your fashions for various time intervals (precise and amortized each). This view additionally consists of the prices for reservation purchases if the buying subscription is beneath the chosen scope.

You’ll be able to entry this view in Price evaluation beneath All Views -> Good Views as proven within the screenshot beneath:

Azure OpenAI view under Smart views

Copilot simulation for Azure OpenAI Service

As you already know, Copilot is a good software for getting your cost-related queries answered utilizing pure language. For instance, you possibly can ask Copilot your prices for working Azure OpenAI deployments as proven within the immediate beneath:

Copilot prompt to ask costs for Azure OpenAI for the last six months.

Now, we now have prolonged our Copilot capabilities to even enable you estimate prices to your Azure OpenAI token-based deployments. An instance immediate is included beneath:

Screenshot showing Copilot prompt to estimate the costs if token usage increased by 15%

That is just the start, we’ll proceed to make enhancements to help extra simulation eventualities making it simpler so that you can estimate and therefore plan to your Azure spend.

As at all times, you possibly can proceed to make use of the pricing calculator for all of your estimation wants together with Azure OpenAI.

Azure Copilot to Price evaluation

Now we have made an thrilling replace to your Copilot expertise for Price Administration by integrating Cost analysis into the Copilot generated responses. In a lot of the responses, you’ll discover a “View in Price evaluation” button which takes you to the custom-made Price evaluation view based mostly in your immediate. This allows you to take additional motion in Price evaluation like analyzing value with completely different parameters, sharing the view with others in your staff, getting e mail alerts, and extra.

To start out using this characteristic, merely ask your cost-related query such as you would usually do. There is no such thing as a additional configuration wanted. For instance:

Copilot prompt and response to see the costs break down in October.

Clicking on the “View in Price Evaluation” button from the response will open a brand new Price evaluation view grouped by service title for October 2024. You’ll be able to stay centered in your process in hand whereas Copilot does the required configurations for you!

When you nonetheless haven’t given Copilot in Azure a attempt to your cost-related questions, I strongly encourage you to attempt some pattern prompts we now have so that you can get began.

New methods to save cash within the Microsoft Cloud

Listed here are some gives that may probably enable you scale back prices:

Documentation updates

Listed here are a number of documentation updates you is likely to be taken with:

Need to regulate all documentation updates? Take a look at the Cost Management and Billing documentation change history within the azure-docs repository on GitHub. When you see one thing lacking, choose Edit on the high of the doc and submit a fast pull request. You can too submit a GitHub difficulty. We welcome and recognize all contributions!

What’s subsequent?

These are only a few of the large updates from final month. Don’t neglect to take a look at the previous Microsoft Cost Management updates. We’re at all times listening and making fixed enhancements based mostly in your suggestions, so please maintain the suggestions coming.