Azure Reserved Virtual Machine Instances significantly reduce base compute costs—up to 72 percent compared to pay-as-you-go (PAYG) prices - with one- or three-year terms on virtual machines (VMs). CloudCare RI Calculator is an interactive online app for pricing comparison of on-demand and reserved instances in Azure. The app provides the potential savings, on-demand cost, Total RI cost, and percentage savings based on the period (1 year or 3 years) and scope (single or shared) of reservation parameter that you select. It will produce a report with all VM's and RI recommendations. The tool will help you manage your Cloud budget wisely by saving cost on Azure