Which metrics can be tracked using Oracle Cloud Cost Management?

In Oracle Cloud Cost Management, the primary focus is on financial metrics related to resource utilization and budget management. Tracking usage costs allows organizations to understand their spending on cloud resources and to optimize their budget accordingly. This helps in making informed decisions regarding resource allocation and can lead to substantial cost savings.

Budget adherence is equally critical, as it indicates whether the actual spending aligns with the planned budget. This metric aids in monitoring financial performance over time, allowing for proactive management of costs to avoid overspending. By focusing on usage costs and budget adherence, organizations can gain insights into their cloud expenditures and implement strategies to manage and control costs effectively.

While transaction speeds and data storage limits, application response times, and user login frequencies are important metrics in their respective areas, they do not directly pertain to cost management. These metrics focus more on performance and operational aspects rather than the financial implications of cloud resource usage.