Description: Impact metrics are measurements used to assess the effects of cloud services on business performance and costs. These metrics enable organizations to understand how their investments in cloud technology influence their operational efficiency and profitability. In the context of FinOps and cloud cost optimization, impact metrics help identify areas where expenses can be reduced, resources optimized, and budget allocation improved. Moreover, in the realm of business intelligence, these metrics are essential for analyzing data and making informed decisions that align business strategy with financial objectives. Impact metrics may include indicators such as total cost of ownership (TCO), return on investment (ROI), resource utilization, and operational efficiency. By providing a clear view of the performance of cloud services, these metrics allow companies not only to justify their spending but also to plan future investments more effectively, ensuring that every dollar spent contributes to the growth and sustainability of the business.
