With a consumption based plan you pay a fixed rate for all data sent to or from virtual machine
With AWS, you can get volume based discounts and realize important savings as your usage increases. For services such as S3 and data transfer OUT from EC2, pricing is tiered, meaning the more you use, the less you pay per GB. In addition, data transfer IN is always free of charge. As a result, as your AWS usage needs increase, you benefit from the economies of scale that allow you to increase adoption and keep costs under control. Show
As your organization evolves, AWS also gives you options to acquire services that help you address your business needs. For example, AWS’ storage services portfolio, offers options to help you lower pricing based on how frequently you access data, and the performance you need to retrieve it. To optimize your savings, choose the right combinations of storage solutions that help you reduce costs while preserving performance, security and durability. Learn more about tiered pricing » Exam az-900 - Description Candidates for this exam should have foundational knowledge of cloud services and how those services are provided with Microsoft Azure. The exam is intended for candidates who are just beginning to work with cloud-based solutions and services or are new to Azure. Azure Fundamentals exam is an opportunity to prove knowledge of cloud concepts, Azure services, Azure workloads, security and privacy in Azure, as well as Azure pricing and support. Candidates should be familiar with the general technology concepts, including concepts of networking, storage, compute, application support, and application development. Azure Fundamentals can be used to prepare for other Azure role-based or specialty certifications, but it is not a prerequisite for any of them. Skills measured Describe cloud concepts (25–30%) Describe Azure architecture and services (35–40%) Describe Azure management and governance (30–35%) What is a consumption-based pricing model?A consumption-based pricing model is a service provision and payment scheme in which the customer pays according to the resources used. The provider tracks how much the customer uses and then bills them for the amount of services consumed. It can also be referred to as pay-as-you-go billing, metered billing or usage-based pricing. Although relatively new in computing, consumption-based pricing is common in many traditional business types. For example, municipal utility companies, such as water and electricity service, charge consumers a fee based on the amount of the service the customer used. Consumption pricing is common in cloud computing and utility computing. These are often treated as commodities and may be required to rapidly scale up and down based on demand. Platform as a service (PaaS) and infrastructure as a service (IaaS) often also use consumption pricing to maintain cost advantage and profitability. Consumption pricing is often in contrast to a subscription price model, where the customer pays the same amount for access to a service regardless of how much or little of the service used. An example of subscription service is cable television, where customers pay the same amount per month regardless of how much television they watch. Software is more often offered as a subscription, but with the emergence of software as a service (SaaS), consumption-based billing for software is being increasingly used. Common consumption-based pricing modelsConsumption-based pricing tracks and bills how much a service is used. The exact details of what is tracked can change from product to product and provider to provider. Most often these are quantitated by time used or amount of a resource. Some providers offer a certain amount of use for free. Sometimes a service may track and bill on several factors at a time, making the total bill difficult for the consumer to predict. Common consumption billing items
Consumption-based pricing as a customerConsumption-based pricing is increasingly attractive for service customers. Consuming a service provided by a vendor removes the capital expense costs of building out their own systems, making it particularly attractive for smaller uses and startups. Paying a single bill is simpler than managing hardware, software and other service costs separately. It allows the consumer to be more dynamic and provide faster response to market needs. It also makes sense to the bottom line to only pay for capacity as it is used instead of tying up capital in subscriptions or hardware. Additionally, the vendor is highly motivated to assist the customer in using the service, so customer service is often better. Table highlighting the pros and cons of the consumption-based pricing model.Customers should beware of potential pitfalls of consumption-based pricing. For large uses, it will often be cheaper for the customer to buy their own infrastructure; so a careful total cost of ownership analysis is warranted. Predicting total bill size can be difficult, often resulting in the shock of increasing cloud bills. A misconfiguration in the customer implementation can cause the service to rack up billing while not performing useful work, causing massive bills. The customer may also experience vendor lock-in, making it difficult to switch providers. AdvantagesThe consumption-based computing model includes the following advantages:
DisadvantagesThere are also some disadvantages to this model, such as the following:
Consumption-based pricing as a providerMany service providers are considering transitioning from a subscription-based pricing model to a consumption-based one. This is especially true as they begin to offer SaaS solutions. As a service provider itself begins to use more cloud services, using consumption-based pricing can help it align its customer billing and provider costs more accurately. Consumption-based pricing models often show better customer retention and revenue. It also provides customer use metrics showing opportunities to expand and improve.
See also: flexible consumption models lower IT overhead, help investments and explore the consumption-based IT and Opex storage landscape. This was last updated in April 2022 Continue Reading About consumption-based pricing model
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What is consumptionAzure Functions consumption plan is billed based on per-second resource consumption and executions. Consumption plan pricing includes a monthly free grant of 1 million requests and 4,00,000 GB-s of resource consumption per month per subscription in pay-as-you-go pricing across all function apps in that subscription.
Why would someone prefer a consumptionThe major benefit of the consumption-based model is that it seems a fairer way to price. In this case, customers are paying for their actual usage, not simply their access to the platform, or for their potential usage.
Which storage account service is used to store the data disks for the virtual machine?VM uses disks as a place to store an operating system, applications, and data in Azure. All virtual machines have at least two disks- a Windows operating system disk and a temporary disk. Both the operating system disk and the image are virtual hard disks (VHDs) stored in an Azure storage account.
Which storage service must be used to store the unmanaged data disks of the virtual machine?Manage the unmanaged data disks attached to a VM. Azure Virtual Machines use disks as a place to store an operating system, applications, and data.
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