A Cost Optimized Data Ecosystem with AI and FinOps Expert Kunal Agarwal
Mar 22, 2024
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Join AI and FinOps expert Kunal Agarwal as he delves into managing cloud costs with FinOps and AI. Discover the importance of AI in data management, maximizing ROI from AI investments, and the balance between innovation and cost. Explore the tech mosaic of data platforms and the shift to multi-cloud environments with insights on FinOps best practices.
Employing FinOps and AI can streamline cloud data management efficiently.
Standardized cost optimization is crucial across diverse data platforms like Snowflake and Databricks.
Deep dives
Kunal Agarwal's Background and Unravel Data's Focus on FinOps and Data Observability
Kunal Agarwal, CEO of Unravel Data, discusses the importance of ensuring proper functionality and efficient scaling in the data and AI space through his company's focus on FinOps and data observability. With experience in B2B enterprise technology and previous work in grid computing, Agarwal emphasizes the need to simplify complex operational aspects to help companies achieve their AI and data objectives.
Challenges and Importance of FinOps in Managing Data Cloud Expenses
Agarwal highlights the growing prominence of FinOps in managing cloud costs, particularly in the realm of managing data cloud expenses effectively. He points out that while many companies have adopted FinOps practices, there is a noticeable immaturity, especially concerning data cloud expenditures. The increasing costs related to AI and data within cloud expenses necessitate a proactive approach towards understanding and optimizing these expenses.
AI's Role in Enhancing FinOps Through Data Observability
Agarwal outlines how AI plays a vital role in data observability and enhancing FinOps by providing insights into cost optimization and operational efficiency. AI assists in understanding the reasons behind inefficiencies in data pipelines and helps in identifying areas for improvement without the need for trial and error. By offering pinpointed remediation suggestions and enabling proactive issue detection, AI enhances the overall efficiency of data operations.
FinOps Considerations for Managing Data Costs on Different Platforms
The discussion touches on optimizing costs across various data platforms like Snowflake, Databricks, and others. Specific recommendations include fine-tuning resource usage, query optimization, and identifying inefficiencies in code execution. Unravel Data offers insights across platforms, emphasizing the importance of a standardized approach to managing costs while acknowledging the unique considerations and optimizations required for each platform.
Embark on a journey with Kunal Agarwal, CEO of Unraveled Data, as he unravels the complexities of managing escalating cloud costs with the sharp tools of FinOps and data AI. If you've ever grappled with the challenge of scaling data operations without breaking the bank, this episode is your playbook for turning those daunting costs into a mastered art. Kunal, with his deep expertise in B2B enterprise technology, shares his insights on the inception of Unraveled Data and the crucial role of AI in streamlining cloud data management. It's not just about the tech; it's about the smarts in employing it, and Kunal's tales from the trenches of data observability will guide you through the labyrinth of efficiency and optimization.
Dive into the tech mosaic of today's data platforms, where consistency is king despite the varied landscapes of Databricks, Snowflake, and others. We tackle the nitty-gritty of providing a seamless user experience and the prowess of Unravel's AI-powered insights engine in standardizing performance across systems. The chess game of maximizing ROI from AI investments also takes center stage as we dissect the importance of a cost-conscious culture supported by FinOps. Listen as we dissect the fine balance between innovation and investment, and learn how to wield the double-edged sword of customization versus cost. Kunal's strategic vision paves the way for a future where automation and economic savvy coalesce, propelling data-driven enterprises to new heights.
What's New In Data is a data thought leadership series hosted by John Kutay who leads data and products at Striim. What's New In Data hosts industry practitioners to discuss latest trends, common patterns for real world data patterns, and analytics success stories.
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