AWS Cloud Financial Management
Tag: unit metrics
Crafting a robust metrics strategy to quantify your benefits from the cloud
In this blog post, we’ll cover the elements of a good metrics strategy and how you can create one, and we’ll share some KPI examples to help you get started.
Further Thoughts on Unit Metrics
Voiced by Amazon Polly After the blog series on Unit Metrics, the call was put out for future topics. There were some excellent suggestions received from the community. Three in particular struck a chord: Building strong links between technology and other business teams Projecting AWS cost. The role of traditional FP&A in the FinOps […]
How unit metrics help create alignment between business functions
Voiced by Amazon Polly As the last blog in the Unit Metric series (intro, what is unit metric, selecting a unit metric to support your business, unit metrics in practice – lesson learned), we’ll share how unit metrics is instrumental in gaining alignment across business functions. High quality unit metrics create an opportunity to […]
Unit metrics in practice – lessons learned
Voiced by Amazon Polly We hope by now you have a good grasp of what a unit metric is and how you can create your own to evaluate the efficiency of resources usage or project your future spend. Before you jump into action, here are some of the lessons learned along the way we’ve experienced both […]
Selecting a unit metric to support your business
Voiced by Amazon Polly September 8, 2021: Amazon Elasticsearch Service has been renamed to Amazon OpenSearch Service. See details. Having discussed what unit metrics are, real-life use cases, and the benefits they offer, we’ll share how you can create a good unit metric. So, how do you pick a good denominator for our unit metric formula? […]
What is a unit metric?
Voiced by Amazon Polly From time to time, customers will ask me questions like, “my AWS bills are going up and I don’t know whether that’s a good thing or a bad thing?” Did the bill go up because you’re operating more workloads in the cloud or is it because you’re using AWS inefficiently? Perhaps […]
Unit Metric – The Touchstone of your IT Planning and Evaluation
Voiced by Amazon Polly Throughout your IT planning and evaluation cycle, you will have questions about how much you should budget for your IT projects and how well your IT investments perform and contribute to your businesses. AWS provides you with tools and resources, such as AWS Pricing Calculator, AWS Budgets, AWS Cost Explorer, […]