Azure Cost Management Reviews

Name: Azure Cost Management
Brand: Microsoft
Rating: 4.0 (44 reviews)

Vendor: Microsoft

4.0 out of 5

44 reviews
86% willing to recommend

411 followers

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What is Azure Cost Management?

Azure Cost Management provides actionable insights for IT professionals to optimize cloud expenses and align budgets with strategic goals. It features real-time visibility and analytics for efficient resource management.

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Azure Cost Management is the #2 ranked solution in top Cloud Cost Management solutions. PeerSpot users give Azure Cost Management an average rating of 8.0 out of 10. Azure Cost Management is most commonly compared to IBM Turbonomic: Azure Cost Management vs IBM Turbonomic. Azure Cost Management is popular among the large enterprise segment, accounting for 70% of users researching this solution on PeerSpot. The top industry researching this solution are professionals from a computer software company, accounting for 15% of all views.

Buyer's Guide

Azure Cost Management

January 2025

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Helped 831,265 peers since 2012

Featured reviews

Joy Maitra

Sr. Technical Architect at Hexaware Technologies Limited

Continuous monitoring helps me detect anomalies in the pipeline, preplan resource scalability, and assist with cost management by offering good visibility into resource utilization. It also offers predictive analytics and some existing features, including dashboards. The AI prediction feature helps forecast based on current utilization trends and suggests improvements like the GenAI feature for interactive inquiries.

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Bharti-Chanchlani

Project Manager at Hexure

In terms of the benefits for our company's operations from the cost alerts provided by the tool, I would say that cloud optimization was just one of the initiatives that I took up as an engineering director. The tool might have different features, but I think one of its greatest things is its good documentation, which our company can implement very quickly. I have not tried the tool's AI part so far because I think we are very specific with our AI policy in our company, so we haven't given any AI too much of a chance yet to actually contribute to the practices that we are doing, but I think it will happen in the future or next quarter. Maintenance is mostly done automatically, but even if we require something, then there is a team that takes care of the regular maintenance and updates that we have to do. I rate the tool as seven out of ten.

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Subba Rao Puvvada

VP - Global Delivery Head at Enhops

Azure Cost Management helps us understand the current and peak usage of all the resources so that we will know which resources are being consumed more. The solution helps us diagnose and understand why some resources cost more so that we can fine-tune and reduce the cost. We can forecast the usage for the next year, month, or quarter based on current and previous usage.

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Azure Cost Management mindshare

As of January 2025, the mindshare of Azure Cost Management in the Cloud Cost Management category stands at 11.5%, down from 14.0% compared to the previous year, according to calculations based on PeerSpot user engagement data.

Cloud Cost Management

PeerAnalyst reports

Type	Title	Date
Category	Cloud Cost Management	Jan 22, 2025	Download
Product	Reviews, tips, and advice from real users	Jan 22, 2025	Download
Comparison	Azure Cost Management vs IBM Turbonomic	Jan 22, 2025	Download
Comparison	Azure Cost Management vs Nutanix Cloud Manager (NCM)	Jan 22, 2025	Download
Comparison	Azure Cost Management vs Cloudability	Jan 22, 2025	Download

Title	Rating	Mindshare	Recommending
IBM Turbonomic	4.4	16.8%	98%	205 interviews Add to research
Nutanix Cloud Manager (NCM)	4.4	2.6%	96%	88 interviews Add to research

Valuable Features

Azure Cost Management offers advisor recommendations, trend analysis, cost analysis, and customizable features. Users appreciate its intuitive interface and real-time consumption tracking. It supports budgeting, reporting, and provides comprehensive insights for forecasting. The platform's user-friendly dashboard and visualization capabilities allow easy navigation for non-technical users. It offers cost-saving recommendations and tagging policies, assists in predictability and optimization, supports billing management, and enhances understanding of resource usage, helping organizations maintain budgets efficiently.

"Continuous monitoring helps me detect anomalies in the pipeline, preplan resource scalability, and assist with cost management by offering good visibility into resource utilization."
"The interface is good and user-friendly, allowing us to manage it proactively and efficiently. We use the budgeting and forecasting functions for financial planning, which work fine."
"The product has helped save costs for the company."

Room for Improvement

Azure Cost Management could enhance cross-cloud connectivity to platforms like AWS and Oracle Cloud. Users desire self-healing features, automated reporting, improved interface customization, and comprehensive insights into cloud infrastructure utilizing metrics like CPU and RAM. They seek better integration with Power BI, cheaper pricing, scalability, improved forecasting, and support services. Automating alerts, providing detailed cost breakdowns by instance, and easing manual processes in departments like HR, procurement, and finance are also needed improvements.

"Azure Cost Management is a little complicated, and the learning curve is somewhat steep."
"I'd like to see improvements in tracking billing and costs. It would be helpful to have alerts generated by instance and location. We use the cloud for multiple programs, and it's difficult to segregate costs and get budgets from customers. We have to tag each instance, which is time-consuming. Automation and proactive alerts by instance or instance IDs would be beneficial."
"The maintenance of the product by Azure's support team is an area with certain shortcomings where improvements are required."

ROI

Azure Cost Management enables data centers to offer cost-effective services to clients without significant investment due to fees covered by customers. Time savings reach 50%, with hidden charges and unnecessary expenses reduced. Unexpected cloud costs are detected, and price governance is facilitated. Physical maintenance time is minimized, infrastructure scales efficiently, and Microsoft manages security. Hosting costs decrease by 10 to 15%, resulting in significant value and cost savings, with ROI rated highly by users.

Pricing

Azure Cost Management is typically free with an Azure subscription, with no additional licensing fees. Users note it as cost-effective and value its integration with Azure's broader ecosystem. Rated between five to eight out of ten on pricing, it's considered reasonably priced though it's not specifically designed for small businesses. The pricing aligns with Azure services, adopting a pay-as-you-go model, potentially leading to varied costs based on usage and enterprise scale.

"I rate the tool's pricing a six out of ten - the price could be lower."
"Compared to competitors, it's cost-effective. I would rate the pricing a seven out of ten, with ten being expensive."
"We are using pay-as-you-go licenses mostly for our customers."

Popular Use Cases

Organizations utilize Azure Cost Management primarily for overseeing budgeting, analyzing cloud expenditures, optimizing resources, tracking usage patterns, and setting cost alerts. They leverage it for cost control in public and private deployments, assisting in forecasting, profitability projections, and billing. Additionally, they employ it for comparing service providers, providing business insights, and understanding cost per service. It's used internally and for client accounts to manage and reduce cloud costs effectively.

Service and Support

Azure Cost Management's customer service is mixed. Many find their technical support helpful and responsive, while others encounter delays, especially for complex issues. Documentation is praised as comprehensive, reducing the need for direct support. Some users report sporadic communication and a focus on sales rather than solutions. Response time varies, with some citing rapid assistance, but others experience extended waits. Support quality is inconsistent, with some teams rated highly and others needing improvement.

Deployment

Azure Cost Management's initial setup is often described as straightforward and built into the Azure platform, eliminating the need for separate deployment. Users appreciate the ease of use and quick implementation, typically requiring minimal time and resources. Some mention complexities when customizing or understanding cost-saving features, but many find the default settings sufficient. Maintenance usually demands little effort, and some assign dedicated teams for deployment and upkeep to manage configurations and security concerns efficiently.

Scalability

Azure Cost Management is widely recognized for its strong scalability capabilities. Many users report that it adapts well to increased usage across various organization sizes. While most users find it efficient, some mention certain limitations or challenges, especially with high volumes in specific scenarios. Ratings for scalability generally fall between seven and ten out of ten, indicating high satisfaction. Organizations appreciate its integration with Azure services and its ability to function without manual intervention.

Stability

Azure Cost Management is frequently described as stable, reliable, and rock-solid. Users report minimal issues, with some noting rare glitches resolved quickly by support. Numerous ratings range between seven to ten out of ten for stability. The tool is seen as seamless, with some experiencing slight reporting delays that may be due to external factors. Usage over years reflects consistent performance, with high availability managed by Microsoft.

These insights are based on the in-depth reviews provided by peers to help you make a better buying decision.

Download our Azure Cost Management Buyer's Guide for additional reliable information.

Review data by company size

By reviewers

By visitors reading reviews

Top industries

By visitors reading reviews

Computer Software Company

15%

Financial Services Firm

12%

Manufacturing Company

12%

Energy/Utilities Company

Retailer

Healthcare Company

Government

Real Estate/Law Firm

University

Insurance Company

Media Company

Comms Service Provider

Performing Arts

Hospitality Company

Educational Organization

Legal Firm

Pharma/Biotech Company

Construction Company

Wholesaler/Distributor

Logistics Company

Mining And Metals Company

Outsourcing Company

Recreational Facilities/Services Company

Marketing Services Firm

Transportation Company

Consumer Goods Company

Non Profit

Engineering Company

Compare Azure Cost Management with alternative products

Learn more about Azure Cost Management

Azure Cost Management offers a comprehensive suite of tools for cost analysis and control, including budgeting alerts and integration capabilities to optimize resource spending. Its intuitive interface simplifies navigation while providing trend analysis, forecasting, and cost-saving recommendations. By delivering detailed insights into resource usage, Azure helps organizations manage expenses effectively, enabling strategic financial planning through clear visualizations and reports.

What are the key features of Azure Cost Management?

Customizable Cost Analysis: Tailored insights to analyze expenses effectively.
Real-Time Consumption Visibility: Immediate data access for informed decision-making.
Budgeting Alerts: Set alerts to monitor and control spending.
Advisor Recommendations: Integrated advice for cost optimization.
Integration Capabilities: Seamless integration with various platforms.
Trend Analysis and Forecasting: Tools to predict future costs and trends.

What benefits should be expected when using Azure Cost Management?

Expense Optimization: Streamlined processes for managing cloud costs.
Enhanced Budget Management: Precise control over budget allocations.
Improved Financial Insights: Clear reporting for better financial planning.
Strategic Resource Allocation: Insights for aligning resources with business goals.
Efficient Infrastructure Management: Support for cost management strategies across deployments.

Azure Cost Management is widely implemented in industries seeking to monitor and control budgets, optimize costs, and track resource spending. Companies utilize it to gain billing insights, understand usage patterns, and minimize cloud expenses. It is instrumental in managing infrastructure costs and supporting cost management strategies across different deployments, making it valuable for projecting profitability and setting cost alerts.

Azure Cost Management was previously known as Microsoft Azure Cost Management, Cloudyn.

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Azure Cost Management customers

Quixey, Infomedia, Panaya, Wix.com, Mirabeau, Mi9, GetTaxi, Outsmart Studios, Bownty, BlazeMeter: The Load Testing Cloud, Irdeto, Effective Measure, Totango, Nextdoor, BranchOut, The BioTeam, Evolven, Netotiate, ClickSoftware