The BIG-IP Cloud Edition is comprised of two components; Per-App VEs & BIG-IQ Centralized Management:
Per-App VEs - Provide intelligent traffic management (BIG-IP LTM) and advanced web application firewall (Advanced WAF) security on a per-app basis. These Per-App VEs deliver the same scalable, secure, and customizable services as F5 physical and virtual ADC's - at a price and in a form factor appropriate for supporting individual apps.
BIG-IQ Centralized Management (CM) - Delivers deployment automation, management, and visibility of the Per-App VE's under its control. BIG-IQ CM provides full lifecycle management of BIG-IP Per-App VEs including rolling instance upgrades, automated spin-up/spin-down and auto scaling of instances based on capacity thresholds. BIG-IQ CM also enables self-service automated provisioning of Per-App VEs using pre-built app templates for individual app owners. It also includes easy-to-view analytics dashboards for managing and troubleshooting apps.
Along with the BIG-IQ console and BIG-IQ DCD (Data Collection Device), both Bring-Your-Own-License and Pay-As-You-Go Per-App VE instances can be deployed from this listing. All instances can be found in the 'Plans & Pricing' tab.
BIG-IQ manages F5 devices running across multi-cloud architectures, including other public and private cloud environments, and on-premise hardware deployments. BIG-IQ is ideal for organizations that require central management and automation of F5 devices and modules, license management of BIG-IP VEs, or central reporting and alerting on application availability, performance, and security.
The Azure virtual machine guest environment for the BIG-IQ Virtual Edition (VE), at minimum, must include:
•   2 Virtual network adapter cards (NICs)
•   A 64-bit instance with at least 4 virtual cores (up to 16 are supported in this release)
•   At least 16 GB RAM (64 GB has been tested, F5 recommends at least 2 GB per virtual core)
The BIG-IQ instance must be deployed using PowerShell to create a 2nd NIC.
More information at:
BIG-IQ Centralized Management and Microsoft Azure: Setup