Generating metrics for quantifying computing resource usage

A non-transitory computer-readable medium for determining a cost metric of computing resource usage in performing a computing function that utilizes multiple computing services, comprising program code executable in at least one computing device that, when executed by the at least one computing device, directs the at least one computing device to:

• identify a computing function that utilizes a plurality of computing services hosted in at least one virtual machine;
• determine a first cost metric for the at least one virtual machine based on hardware resources used by the at least one virtual machine;
• determine a second cost metric for individual ones of the computing services based on virtual machine resources used by the computing services and the first cost metric;
• generate a utilization ratio for individual ones of the computing services;
• determine a third cost metric for the computing function based on the second cost metric and the utilization ratio;
• and
• in response to the third cost metric being determined, perform an action that optimizes performance of the computing action based on the third cost metric.

A computer-implemented method for determining a cost metric of computing resource usage in performing a computing function that utilizes multiple computing services, comprising:

• identifying a computing function that utilizes a plurality of computing services hosted in at least one virtual machine;
• determining a first cost metric for the at least one virtual machine based on hardware resources used by the at least one virtual machine;
• determining a second cost metric for individual ones of the computing services based on virtual machine resources used by the computing services and the first cost metric;
• generating a utilization ratio for individual ones of the computing services;
• determining a third cost metric for the computing function based on the second cost metric and the utilization ratio;
• and
• in response to the third cost metric being determined, performing an action that optimizes performance of the computing action based on the third cost metric.