Azure Reserved Instance
Azure Reservations help you save money by committing to one-year or three-years of virtual machines, SQL Database compute capacity, Azure Cosmos DB throughput, or other Azure resources. Committing allows you to get a discount on the resources you use. Reservations can significantly reduce your virtual machine, SQL database compute, Azure Cosmos DB, or other resource costs up to 72% on pay-as-you-go prices. Reservations provide a billing discount and don’t affect the runtime state of your resources.
You can pay for a reservation up front or monthly. The total cost of up-front and monthly reservations is the same and you don’t pay any extra fees when you choose to pay monthly. Monthly payment is available for Azure reservations, not third party products.
See more on the Microsoft Azure site
Have questions? The MCS Team is here to help.
Great Product Features
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MORE CLOUD, LESS COST
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- Significantly reduce costs—up to 72 percent compared to pay-as-you-go prices—with one-year or three-year terms on Windows and Linux virtual machines (VMs). When you combine the cost savings gained from Azure RIs with the added value of the Azure Hybrid Benefit, you can save up to 80 percent**.
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- Lower your total cost of ownership by combining Azure Reserved Instances with pay-as-you-go prices to manage costs across predictable and variable workloads. In many cases, you can further reduce your costs with reserved instance size flexibility.
SIMPLICITY MEETS FLEXIBILITY
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- Select and purchase Azure Reserved VM Instances in three easy steps—specify your Azure region, virtual machine type, and term (one year or three years)—that’s it.
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- While Azure Reserved Instances require making upfront commitments on compute capacity, they also provide flexibility should your business needs change. Easily exchange or cancel reserved instances at any time.
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- Exchange Azure RIs across any region and any series as your workload or application needs change.
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- Cancel an Azure RI at any time and return the remaining months of a reserved instance back to Microsoft – up to the yearly limit – for an early termination fee.
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- Azure Reserved Instances can be assigned at the enrolment or subscription level, so you can manage reserved instance usage at an organisational or individual department level. Assignments are easy to change post-purchase also.
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