Business Terminology Flashcards

1
Q

What is CCOE?

A

Cloud Center of Excellence

Many companies refer to their FinOps team as a Cloud Center of Excellence or a Cloud Business Office.

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2
Q

What is FinOps?

A

FinOps is the practice of bringing together Finance, Business and Technology to master the unit of economics of cloud for competitive advantage.

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3
Q

What is a CSP?

A

A CSP is Cloud Service Provider; a provider of public cloud services. Examples include Amazon Web Services (AWS), Microsoft Azure or Google Compute Platform (GCP).

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4
Q

What does OKR stand for?

A

OKR stands for Objectives & Key Results. It is a goal system used by Google and other tech companies originally to create alignment and engagement in a business around measurable goals.

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