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Cost Analysis & Reviews

Your Cost Analysis

Cost Review & Assessment

Cost Reviews and Analysis

Before you can control and optimize your costs, you first need to understand where they originated – from the underlying resources used to support your cloud projects to the environments they get deployed in and the owners who manage them. Full visibility backed by a thorough tagging strategy is critical to accurately understand your spending patterns and enforce cost control mechanisms.

My IT Team runs Cost analysis to explore and get quick answers about your cloud costs. We present you with a summary of your cost over time to identify trends and break costs down to understand how you're being charged for the services you use.

Cost Analysis

Cost analysis is our first step when it comes to understanding what you're spending and where you're spending. Cost analysis helps you:

  • Visualize and analyze your organizational costs.
  • Share cost views with others using custom alerts.
  • View aggregated costs by organization to understand where costs occur over time and identify spending trends.
  • View accumulated costs over time to estimate monthly, quarterly, or even yearly cost trends against a budget.
  • Create budgets to provide adherence to financial constraints.
  • Use budgets to view daily or monthly costs and help isolate spending irregularities.

Cost analysis is available from every resource group, subscription, management group, and billing account in the Azure portal. If you manage one of these scopes, you can start there and select Cost analysis from the menu. If you manage multiple scopes, you may want to start directly within Cost Management:

Optimize Your Cloud Costs

Cost Management

Summarize costs, compare usage, and isolate fluctuations so you can focus on creating efficiencies to support your day-to-day operations.

Cost Analysis

Categorize your cloud costs by resource group, service, location, or tag, or create custom filters to focus on the data that matters to you.

Budgets

Set limits for your cloud spending by specifying time-period, amount, and alert threshold for your budget.

Cost Alerts

Stay informed by configuring notifications based on budgets, or use built-in alert rules for common scenarios, such as spending spikes or drops.

Cost Allocation

Distribute your cloud costs across different business units, projects, or customers. Categorize your resources and create cost allocation rules to split or move costs between them.

WAF Reviews

Well-Architected Framework reviews continuously optimize Microsoft Azure compute rates through Right-Sizing, Savings Plan and Reservation management.

Gain Control Over Your Cloud Spend

25% of cloud costs are estimated to be waste! Cost visibility tools, while beneficial, do not take action to reduce waste. Orphaned and improperly sized resource drive costs up. My IT Team manages your commitment portfolio and continuously evaluates usage to maximize savings, so you can focus on higher-order initiatives to grow and sustain your business.

Azure Cost Management Dashboard

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