Azure Machine Learning Cost Management

Managing costs effectively is crucial for any cloud-based solution, and Azure Machine Learning is no exception. This section provides guidance on how to monitor, optimize, and control your spending within Azure Machine Learning.

Tip: Regularly review your spending and set up budgets and alerts to proactively manage costs.

Key Cost Drivers in Azure Machine Learning

Several components contribute to the overall cost of your Azure Machine Learning workloads:

Strategies for Cost Optimization

1. Optimize Compute Usage

2. Manage Storage Costs

3. Monitor and Analyze Costs

Using Azure Cost Management and Billing

Azure Cost Management + Billing is your central hub for understanding and managing your Azure spending. You can:

Using Azure Machine Learning Studio

Within the Azure Machine Learning studio, you can:

Note: When analyzing costs, remember to attribute costs not just to the Azure Machine Learning service itself, but also to the underlying Azure resources it utilizes, such as Azure Storage, ACR, and the compute VMs.

4. Leverage Azure Hybrid Benefit and Reserved Instances

5. Optimize Networking Costs

Example Scenario: Optimizing a Training Job

Consider a scenario where you are training a large deep learning model. Here's how cost management applies:

  1. Initial Assessment: You estimate the job will take 24 hours on a Standard_NC6s_v3 VM.
  2. Cost Estimation: Use the Azure Pricing Calculator to estimate the cost for the VM for 24 hours, plus storage for datasets and models.
  3. Optimization:
    • Could this training run be parallelized on smaller instances?
    • Can we use Spot Instances for a discount?
    • Is the dataset stored efficiently?
    • Can we reduce the number of logging checkpoints to save on storage writes?
  4. Monitoring: During the run, monitor CPU/GPU utilization. If it's consistently low, the VM might be over-provisioned.
  5. Post-run: Ensure the compute cluster scales down or the compute instance is stopped.
Important: Implementing a cost-conscious culture within your data science and MLOps teams is as important as technical optimizations. Encourage team members to be aware of the resources they are consuming.

Further Reading