Generally Available: Azure Functions Flex Consumption plan now supports 512 MB instance size and diagnostic settings

Azure Functions now allows you to choose 512 MB in addition to 2048 MB and 4096 MB as the memory instance size for your Flex Consumption apps. This enables you to further cost optimize your apps that require less resources, and allows your apps to scale out further within the default quota.

 

Diagnostic settings allow you to collect Flex Consumption application logs and resource metrics, then send to different destinations like Log Analytics, storage account, event hub, or partner solutions for monitoring and analysis. 

Learn more.