Microsoft announced the General Availability of Microsoft Azure SQL Database Reserved Capacity for single and elastic pool databases. Microsoft Azure SQL Database Reserved Capacity is based on the same principal as Microsoft Azure Reserved Instances for virtual machines and allows you to save money by prepaying for SQL Database vCores for a one or three-year term. Additionally, you can bring your own SQL Server licenses (either via active Software Assurance (SA) or the new Server Subscriptions) for an even more cost-effective solution.
SQL Database Reserved Capacity shares other similarities with Reserved Instances too: a Reservation can be assigned to either a single Azure Subscription or shared, and there’s vCore Size Flexibility as well where the Reservation can be applied dynamically to any databases and elastic pools within a performance tier and region.
For more information about Microsoft Azure SQL Database Reserved Capacity, please visit: https://azure.microsoft.com/en-us/blog/announcing-general-availability-of-azure-sql-database-reserved-capacity/.