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Mar 21, 2023, 15 tweets

Live from #GartnerDA | Smart #Analytics for Even Smarter #CostOptimization with Adam Ronthal, Gartner VP Analyst:
gtnr.it/3JOkYPF

About this session: Within a #recession, orgs will be desperate to save every cent and penny they can. Adam will explore how #analytics can help make optimal saving decisions. gtnr.it/3JOkYPF #GartnerDA

To start off, Adam examines the hype cycle for emerging #tech focused on #CostOptimization ⚙️ #GartnerDA

Now that we have a grasp on emerging #tech focused on #CostOptimization, let’s breakdown #cloud 🆚 on-premises spending and how the two differ. #GartnerDA

The move to #cloud is associated with a decentralization of the #data and #analytics function. The different lines of business are managing their own #infrastructure and paying for it with their own budgets. This reduces the visibility of actual spend in the cloud. #GartnerDA

Recent research found that the top 3 reasons for moving into #CloudAI and #analytics were:
➡️Faster #tech innovations
➡️Ease of scaling and cost transparency
➡️Better tech partnerships

#GartnerDA

Gartner finds that 85% of organizations are using multiple clouds within their org’s #infrastructure operations and the practice is not that uncommon. #GartnerDA #cloud

What does financial governance for the #data and
#analytics #cloud look like? Let’s take a look ⬇️#GartnerDA

Now that we have a grasp on financial governance for #data and #analytics clouds, Adam takes a look into the #cloud spending focal points and distribution of costs. #GartnerDA

#DYK that 55% of orgs are leveraging third-party tools ⚙️CSP-native cost controls can’t address #multicloud and #intercloud deployments. Third-party tools remain a key part in solving this problem. #GartnerDA

#Data ecosystems provide a basis to solve the complex problems of data and #analytics management 📊They culminate in a business practice’s delivery with robust #FinOps capabilities. #GartnerDA

By 2028, D&A leaders will interact exclusively with #data ecosystems rather than individual product offerings expressing only the objective and the SLA, allowing the ecosystem to optimize delivery. Adam shares the reasons it could or could not happen. #GartnerDA

Adam shares augmented #FinOps ideal processes from the "Objective" stage to the "Optimized Outcome" stage. Take a look ⬇️ #GartnerDA

Looking to have smarter #analytics for even smarter #CostOptimization? Adam shares his key recommendations ⬇️ #GartnerDA

Want to gain more insights into Gartner #data and #analytics based research? Unlock a free exclusive Gartner expert led session from #GartnerDA now: gtnr.it/3ZXeDqv #CDAO #CDO

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