What is the purpose of the chargeback utility in a private cloud?

The main purpose of the chargeback utility in a private cloud is to track and bill cloud usage. This involves monitoring the consumption of cloud resources by various departments or users and generating financial reports based on that usage. This functionality allows organizations to allocate costs accurately, ensuring that departments are accountable for their resource consumption. By implementing chargeback mechanisms, organizations can promote responsible usage of resources and inform decision-making regarding budget and resource allocation. This enhances transparency and helps to optimize resource utilization across the entire cloud infrastructure.