This glossary explains cost management concepts.
Azure Cost Management is a native tool that helps monitor, allocate, and optimize ...
Azure Advisor is a personalized cloud consultant that gives best practice recommendations to ...
Allocation in FinOps is the process of distributing cloud costs back to the ...
A budget in Azure lets you set spending thresholds on subscriptions, resource groups, ...
Business Mapping in FinOps is the process of organizing cloud usage and cost ...
Cost Allocation is the process of assigning cloud expenses to teams, projects, or ...
Cloud Waste refers to unused or underutilized cloud resources that contribute to unnecessary ...
Cost Forecasting in Azure estimates future cloud spending based on historical usage data. ...
Data Transfer Cost in Azure refers to charges incurred when data moves between ...
Discount Management involves tracking and maximizing savings from Reserved Instances, Savings Plans, or ...
FinOps is a cloud financial management practice that brings together finance, engineering, and ...
Forecast vs Actuals compares predicted cloud spending to real-time usage, helping track budget ...
Hybrid Cloud in Azure refers to integrating on-premises infrastructure with Azure services for ...
A Health Check is a diagnostic scan of your Azure environment to assess ...
Idle Resources are Azure services running with minimal or no usage but still ...
Invoice Reconciliation is the process of matching cloud usage with billed charges to ...
A Multi-Cloud Strategy uses services from multiple cloud providers to increase flexibility, reduce ...
Managed Identity is an Azure feature that allows applications to securely access Azure ...