______________is the idea is to measure cloud spend against a business metric or metrics such as revenue, subscribers, etc.
What is the correct term? (Select One)
Correct Answer: A
One of the most important concepts in FinOps is Unit Economics. The idea is to measure cloud spend against a business metric (total revenue, shipments made, paid subscribers, customer orders completed, etc.). Choosing the right business metric is a complex process, one we'll cover in the last chapter. For now, the main thing to remember is that Unit Economics relies on almost every aspect of FinOps, including tagging, cost allocation, cost optimization, and FinOps operations.
The business metric is important, because it allows you to change the conversation from one that is just about dollars spent to one about efficiency and the value of cloud spend Reference EDX Course. Course / Chapter 1.
What Is FinOps? / What Is FinOps?