At Ignite, we pre-announced Azure Reserved VM Instances (RIs) which will enable customers to reserve virtual machines on Azure for 1 year or 3 year terms and provide significant cost savings. Key benefits include:
- Cost savings—customers can save up to 82% over pay as you go prices with RIs combined with Azure Hybrid Use Benefit (AHUB) for Windows VMs and up to 72% on all VMs. Customers can improve budgeting and forecasting because RIs are purchased in 1- and 3-year terms with a single up-front payment.
- Simplicity and flexibility—customers select only three items: region, VM series, and term, reducing purchasing complexity. If customers decide at any time during the term that they need to exchange or cancel reservations, that’s easy too.
- Prioritized compute capacity—customers request virtual machine capacity in their desired region or series to ensure the resources are available when—and where—they need them. Customers can now plan, implement, and execute against desired workloads by optimizing datacenter capacity around the globe.
Azure RIs are expected to become available for purchase before end of 2017.
Learn more about Azure Reserved VM Instances on Azure.com
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