How would you optimize costs in an Azure environment?

Azure cost optimization strategies include:\n\n• Right-sizing VMs based on actual usage patterns\n• Using Reserved Instances for predictable workloads (up to 72% savings)\n• Implementing auto-shutdown for development environments\n• Leveraging Azure Hybrid Benefit for Windows and SQL licenses\n• Using Azure Cost Management for monitoring and budgeting\n• Implementing resource tagging for cost allocation\n\nRegularly review Azure Advisor recommendations, use spot instances for fault-tolerant workloads, and implement lifecycle management for storage accounts to reduce costs.