Cloud Cost Analytics (FinOps) terms

Cloud bills, unit economics and the practice of FinOps.

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Cloud unit economics Cloud infrastructure cost measured per unit of business value, such as cost per customer, transaction, or API call. Commitment-based discounts Reduced cloud pricing offered in exchange for committing to a minimum level of spend or usage over a fixed term. FinOps An operating model for managing cloud spending collaboratively across engineering, finance, and business teams. Showback and chargeback Two ways of attributing shared cloud costs to teams, one for visibility only, the other billing the cost to their budget.