Azure Daily 2022 by Gordon
Generally available: Reserved capacity for Azure Backup Storage
Save up to 24 percent on your usage of Azure Backup Storage by purchasing reserved capacity storage. The reservation discount will automatically apply to your matching Backup Storage and the process of purchasing a reservation is streamlined. Reservations are available on a one-year basis for up to a 16 percent discount or on a three-year basis for a 24 percent discount.
Source: Generally available: Reserved capacity for Azure Backup Storage
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