Skip to the main content.

1 min read

What are Azure Reservations?

What are Azure Reservations?

Azure Reservations are a great way for our customers to save on their Azure spend, but it benefits Microsoft as well.  With Azure Reservations, Microsoft is asking you as the customer to forecast your upcoming 1-year or 3-year workload requirements.  Therefore, Reservations are effectively a ‘trade’ between Microsoft and you as the customer.

This ‘trade’ benefits both parties:

  • Microsoft benefits by gaining visibility into your 1-year or 3-year resource needs in advance, and allows them to effectively plan their resources and be more efficient.
  • For helping Microsoft gain this insight, you as the customer benefit by receiving discounts on your Azure spend.  Microsoft claims you can receive up to a 72% discount vs. pay-as-you go pricing.

When should I consider reservations?

Reservations are phenomenal for any workload where you can effectively forecast your requirements for the term specified.  We call this ‘predicted capacity’.  For these workloads with predicted capacity, it makes sense for you to offer your insight to Microsoft in return for a discount, as described above.

Where do I purchase reservations?

  • Azure reservations are made in the Azure Portal*
  • Simply navigate to the reservations page (All Services > Reservations)
  • Select ‘Add’ to purchase a new reservation and enter the required fields

*Note:  If CloudServus is your Cloud Solution Provider (CSP), simply reach out to our team for assistance.

How do I pay for reservations?

  • You have the choice of paying for reservations in 1 or 3 year terms
  • You also have the choice of paying for reservations upfront or on a monthly basis
  • Major Update:

Can I exchange or cancel my reservations?

Yes, absolutely.  You can easily do this at anytime, across regions or series as your workload or application needs change.  Note, Microsoft typically charges an early termination fee for cancelled reservations.

If you have any additional questions about Azure Reservations, please do not hesitate to reach out to our team.  We are here to help you maximize your Microsoft spend and strengthen your overall Microsoft stack.

#Azure #AzureCosts #AzureReservations #AzureReservedInstances #AzureSpend #AzureDiscount #Microsoft #MicrosoftCloud

Navigating the Future with Windows 365: Your Complete Cloud-Based Workspace

Navigating the Future with Windows 365: Your Complete Cloud-Based Workspace

Cloud computing has transformed the business landscape, offering unparalleled flexibility and efficiency. A leader in this evolution is Microsoft...

Microsoft Fabric vs. Power BI: What's the Difference?

Microsoft Fabric vs. Power BI: What's the Difference?

It’s more important than ever today for businesses to make data-driven decisions. But while 90% of organizations indicate that data is increasingly...

Countdown to Windows Server 2012 R2 EOL: Upgrade & Migration Choices Explained

Countdown to Windows Server 2012 R2 EOL: Upgrade & Migration Choices Explained

The deadline for Windows Server 2012 support is fast approaching; the end of support date is October 10th, 2023. As this technology is set to become...