Glossary
Terms used across OpsLyft.
Cost types
Billed — Charges as they appear on the invoice. Upfront commitment purchases land on the day they're charged.
Amortized — Upfront and recurring commitment fees spread over the period they cover. The default in OpsLyft.
Net — Amortized cost after negotiated discounts, credits, and refunds.
Mixed — Shown when the selected providers use different cost types.
Effective cost — What a resource costs after commitments are applied.
On-demand equivalent — What a resource would cost at on-demand prices.
Platform terms
Canvas — A dashboard of widgets. Replaces v1 dashboards.
Chat — A conversation with Iris.
Coverage (tags) — The share of spend that has a value for a tag or dimension.
Coverage (commitments) — The share of eligible usage covered by Savings Plans, reservations, or CUDs.
Dataset — Business data joined to cloud cost.
Depth — How much Iris investigates: Low, Med, or High.
Dimension — A field you can filter or group by.
Dimension Studio — Where datasets are used to build new dimensions.
Evidence — How well data supports an opportunity: strong, fair, or low.
FinOps Copilot — The Iris chat panel in Cost Explorer.
Iris — The OpsLyft assistant and home page.
Lens — A persona-shaped default hierarchy: Finance, Engineering, CXO, or your own.
Owner — The person or team responsible for a resource or finding.
Provider — Anything that bills you: a cloud, data platform, Kubernetes, or an AI provider.
Signal — Something wrong with a resource: untagged, orphaned, idle, or stopped.
Unallocated — Cost with no owner.
View — A saved Cost Explorer state. Replaces v1 saved reports.
Findings
Anomaly (ANM-###) — Spend that left its expected pattern, measured in excess per day.
Burn rate — Total excess per day across running anomalies.
Opportunity (REC-####) — A way to save, measured in savings per month.
Optimisation score — A 0–100 score across Right-sized, Attached, Right tier, and Commitments.
Ticket (TKT-###) — The work that comes out of a finding.
Clawed back — A verified saving that reversed.
Realised — A saving verified in billing.
FinOps terms
Chargeback — Billing each team's budget for the cost it uses.
Showback — Showing each team what it costs, without billing it.
CUR 2.0 — AWS's Cost and Usage Report, delivered through Data Exports.
CUD — Google Cloud committed use discount.
Savings Plan — An AWS commitment to a dollar amount of usage per hour.
Reserved Instance (RI) — A commitment to a specific instance type or database for a term.
Unit cost — Cost divided by a business metric, such as cost per customer.
p10 floor — The 10th percentile of hourly usage. OpsLyft sizes commitments to it.