Practical use of TCO and Pricing Calculator for Cost Management.

Organisations can make informed decisions by estimating the cost savings when migrating their business operations from on-premise to cloud environments. The Total Cost of Ownership (TCO) Calculator is a tool that helps businesses evaluate the complete cost of owning an asset over its entire lifecycle, including initial purchase price, ongoing costs, and potential risks. The Pricing Calculator allows businesses to estimate the costs of various services or products, helping them compare different options and make informed decisions. To use the TCO Calculator, businesses define their workload by entering details of their on-premise workloads, including servers, databases, storage, and networking. After entering the necessary information, the tool generates a report comparing on-premise costs with Azure costs for the same workload over a period of five years. The report shows the total on-premise cost and total Azure cost, as well as the percentages of cost for each service used by the company while on-premise and when migrated to the cloud. Migrating to the cloud can be worthwhile, as some costs are not incurred at all in the cloud, and other costs, such as compute services, are reduced. The TCO Calculator is a simple and easy-to-use tool that helps businesses understand the potential cost savings of migrating to the cloud.