Glossary
Commitments & Rates

Rate Optimisation

Reducing the price paid per unit of consumption without changing the amount consumed.
Focuses on pricing improvements such as discounts or purchasing options, distinct from reducing usage.

Related terms

Commitments & Rates

Amortised Cost

Upfront and committed charges spread evenly across the period they cover, rather than recorded in the month they were paid.
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Commitments & Rates

Blended Rate

An average rate calculated across all accounts in a consolidated billing family for a given usage type.
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Commitments & Rates

Cloud Waste

Spend that produces no business value: idle capacity, orphaned resources, over provisioning and unused commitments.
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