Thursday, April 3, 2025

Microsoft Value Administration updates—November 2024

At Microsoft Ignite, we showcased pivotal product advancements designed to empower your financial operations journey.

As you may know, November marks a significant milestone with Microsoft’s premier buying event, the Global Microsoft Partner Summit. Within the past 12 months, our Value Administration team has rolled out significant product enhancements here, designed to facilitate your financial operations (FinOps) journey seamlessly. Below, you will find an overview of these improvements. Join us in exploring these exciting innovations and unlock their full potential.

Let’s dive into the key takeaways.

Exports to Microsoft Cloth

Is a highly effective method for obtaining and storing your price and value datasets, ensuring seamless integration with storage, evaluation, and reporting processes. With its intuitive setup, you can effortlessly schedule the system to operate at a predetermined frequency, eliminating the need for manual oversight. You’ll be able to quickly set it up using either the Azure portal or the API. Over the past year, we’ve implemented several key upgrades to our service, including support for additional datasets, enhanced functionality for Parquet file format, and compression capabilities. We’ve successfully updated our database with a new entry. At Ignite, we introduced . You can now export your prices and values datasets directly onto Microsoft Excel, eliminating the need for manual data ingestion from your storage account into Excel.

This characteristic should rarely be achievable without. Will you have the opportunity to access and participate in this performance directly within your own account? You’ll receive a follow-up email from our team with further guidance by the end of January.

With Microsoft Cloth, you gain a seamless platform for storing, evaluating, and reporting your data needs. With Cloth, you’ll be empowered to seamlessly integrate data from multiple sources and tap into its built-in Energy BI capabilities to craft customized reporting dashboards that cater to the unique needs of your small business. To unlock deeper understanding and inform predictions, leverage untainted linguistic cues from your data. Study extra about .

Azure OpenAI Service prices

Azure OpenAI view

I’ve found that managing one’s prices in Excel is surprisingly easy. You’ll have the ability to view prices for diverse time durations, as well as utilize scheduled emails and budgets to manage costs, and leverage Azure OpenAI-provisioned reservations to optimize pricing.

To simplify price analysis for your Azure OpenAI models, we’re pleased to introduce a new, intuitive built-in view. This feature allows you to visualize the costs of running all your models for different time periods – both precise and amortized – making it easier to make informed decisions about your AI strategy. This view also includes pricing information for reservation-based purchases when the subscription falls short of the desired scope.

You’ll be able to entry this view in Value evaluation below All Views -> Good Views as proven within the screenshot under:

Azure OpenAI view under Smart views

Azure OpenAI Service enables developers to build conversational AI models using Microsoft’s Azure cloud and the OpenAI API. With this integration, you can seamlessly integrate OpenAI capabilities into your applications, leveraging the power of large language models like DALL-E and Whisper.

By utilizing Copilot simulation for Azure OpenAI Service, developers can tap into the vast potential of AI-driven conversations, allowing them to generate human-like responses that adapt to specific contexts.

Copilot is a powerful tool that enables users to quickly receive accurate responses to their financial inquiries using natural language inputs. Here are the improved prices for operating Azure OpenAI deployments:

Copilot prompt to ask costs for Azure OpenAI for the last six months.

Now, . An instance immediately included within:

Screenshot showing Copilot prompt to estimate the costs if token usage increased by 15%

As a natural next step, we’ll develop further improvements to facilitate more comprehensive simulation scenarios, ultimately streamlining the process for estimating and planning Azure expenses with greater ease.

You possibly can continue to leverage the platform for all your estimation needs as well as utilize Azure OpenAI.

Azure Copilot to Value evaluation

Now we’ve introduced a groundbreaking update to our Copilot expertise for Value Management by seamlessly incorporating AI-driven insights into Copilot-generated responses. You’ll find that many responses feature a “button” that directs you to a customized value assessment view, tailored to your individual needs and preferences. This enables you to gain further insight into value evaluations by exploring alternative metrics, collaborating with colleagues on your team, receiving email notifications of updates, and more.

How can I help you with a budget inquiry? No additional configuration is needed. For example:

Copilot prompt and response to see the costs break down in October.

Upon clicking the “View in Value Evaluation” button within the response, a novel value assessment view organized by service title for October 2024 becomes accessible. With Copilot handling configurations, you’ll maintain a steady focus on your workflow.

If you’ve yet to explore the potential of Copilot in Azure for your financial queries, I highly recommend giving it a try with our suggested pattern prompts to get started seamlessly.

As you navigate the ever-evolving landscape of technology and budget constraints, adopting cost-effective solutions becomes increasingly crucial.

Discover these thoughtful gifts that will undoubtedly help you trim expenses and save money.

Documentation updates

Here are a few documentation updates that you might find noteworthy:

Do we really need to micromanage every single document update? Try the  within the  repository on GitHub. If you notice anything missing, please select the top of the document and submit a quick pull request immediately. Here’s a professional editor’s take on improving your text:

You’re essentially saying you might just give up on the whole thing and open up a bug report on GitHub? We warmly acknowledge and celebrate every effort made.

What’s subsequent?

Significant updates from the past month include: Don’t forget to take a moment to review the entire document carefully, ensuring all necessary details are included and properly formatted. As always, we’re committed to continuously listening and implementing enhancements grounded in your valuable feedback, so kindly keep those recommendations flowing.

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