Which report helps organizations understand their usage of Oracle Cloud services?

The Service Usage report is crucial for organizations aiming to gain insights into their utilization of Oracle Cloud services. This report provides detailed information on how various services are being used over a specified period, allowing organizations to track their consumption patterns. By analyzing the data presented in this report, businesses can identify which services are most frequently used, assess their spending in relation to usage, and make informed decisions about resource allocation and optimization. Understanding service usage is essential for effective cost management, as it helps organizations avoid over-provisioning, optimize their cloud spend, and better align their cloud strategy with business objectives.

In contrast, the Billing Summary report focuses on summarizing overall billing information rather than on specific service usage details. The Contract Compliance report pertains to ensuring that the organization adheres to the terms of its contractual agreements with Oracle, which does not directly offer insights into how services are being utilized. The Performance Metrics report evaluates the performance characteristics of cloud services, such as speed and reliability, but does not provide the usage analytics critical for managing costs effectively.