6
Rate Optimization with Discounts and Reservations
Rate optimization refers to an activity where an organization works with the Microsoft sales team to secure better enterprise discount rates in exchange for a commitment to spend x amount over y period. An Enterprise Agreement, on the other hand, is a Volume license program where the customer is committed for a minimum of 3 years. Rate optimization can also be done via purchasing reservations. Azure Virtual Machines, Azure Storage Accounts, Azure SQL Database, Azure App Service, and many other services support reservations. Check out https://github.com/PacktPublishing/FinOps-Handbook-for-Microsoft-Azure/blob/main/Chapter-6/azure-services-list.md for the complete list.
Purchasing reservations ...
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