Virtual Machine Reserved instance
At one other Cloud provider there is cool feature reserved instance. Its means that you are reserving service for 1 year, and you pay much less per month but still you have benefits from clouds since you pay almost the same as on any other VM providers, but at any time you can scale. This would be awesome for many people who by default have 1-2 machines and then use on demand additional resources.
We have released the basic Reserved VM Instance feature in Azure. Please open any enhancements to this new feature as new ideas. Here is the link to what was released last week: https://azure.microsoft.com/en-us/blog/announcing-general-availability-of-azure-reserved-vm-instances-ris
It appears this option is no available in India. Reasons? It strikes us, a company based in India, that these are PRECISELY the type of things you need to offer to improve your *********** in developing countries.
@jim - Reservation cost is no in the usage data. You can get the reservation cost from the reservation charges API: https://docs.microsoft.com/en-us/rest/api/billing/enterprise/billing-enterprise-api-reserved-instance-charges. Please reach out at yashar[@]microsoft[dot]com if you have any questions.
Jim Sander commented
Not finding Reservation cost in dump from Billing API... hard to do forecasting/analysis w/o it. Is that a retrievable metric post-purchase?
Could you please expand on the reserved instance cancellation for azure?
what % do I get back for instance?
There is an inherent problem with reserved instances in that if you need to change instance sizes or if prices change over time, you are locked in for the period of time. What seems like a better pricing model is what Google Cloud Platform has implemented, which is that pricing discounts are automatically applied after instances are online for a minimum % of time in any given month. That is a much better model than reserved instances, in my opinion.
Why don't Azure has a service similar to AWS reserved instance?
David Jeba commented
Azure should have reserved subscriptions instead of Reserved instance to benefit startups and smb sectors
maybe Microsoft should consider multiple agreements on Azure
Individual Agreement [current public agreement] [Max 10 subscriptions]
Startup Agreement [Registered Startups] [Max 10 subscriptions with 25% discount on Annual Reserved Subscriptions with a minimum commitment of $1000/year]
SMB Agreement [Registered SMBs] [Max 25 subscriptions with 50% discount on Annual Reserved Subscriptions with a minimum commitment of $2500/year]
Enterprise Agreement [Registered Enterprises] [Current Enterprise Agreement]
Appears to be limited to Enterprise Agreement customers. Not sure who that is, but it's clearly not me. Would be great were it opened up to the common people.
There's the "pre-purchase" plan mentioned in here https://azure.microsoft.com/en-us/overview/azure-for-microsoft-software/faq/