FinOps Certified practitioner Mike Stephenson talks with Obinna Nwokolo from Microsoft's Azure team about how businesses can save money using Azure's pricing options.

They explain two main ways to save: Azure savings plans, which let customers commit to a certain spending level for flexibility and reservations, where customers reserve specific resources for a set time.

Obinna also discusses hybrid benefits, allowing customers to use their existing software licenses in the cloud, which cuts down on costs. They highlight the importance of listening to customer feedback to improve these services and share plans for better tools that will help customers track their spending and savings more easily.

For further reading, check out these resources:

🔹FinOps on Azure podcast - https://turbo360.com/podcast
🔹DevFinOps: What it is and why it matters - https://turbo360.com/blog/devfinops
🔹Tips for Controlling and Monitoring Azure Costs in Real-Time -https://turbo360.com/blog/azure-cost-monitoring-real-time

Also, don't miss out on exploring the #1 platform for Azure cost management and monitoring, designed to help you optimize your cloud spending - https://turbo360.com/signup

Key moments:

0:10 - Customer Interaction and Product Management in Azure

11:31 - Commitment Periods and Operational Mechanics of Savings Plans and Reservations

12:33 - Customer Life Cycle and Savings Plans in Virtual Machines

15:21 - Hybrid Benefit in Azure Cloud Services

19:48 - Team Scope and Cost Recommendations for Customers

24:15 - Efficiency and Future Plans of Microsoft's Cost Management Plan

31:34 - Sharing Product Experience and Community in Technology

#Azuresavingsplan #Azurereservations #Azurecostmanagement