FinOps Relies on Data Observability to Provide Accurate, Reliable Data

Financial operations teams (FinOps) require insights into data for making informed decisions about a company's financial health and performance. By leveraging data, they can identify trends, patterns, and potential issues, as well as measure the effectiveness of financial strategies. Managing large amounts of data can be challenging, but implementing data governance frameworks, using data warehousing technologies, promoting data literacy, and adopting data observability platforms can help improve data accuracy, reliability, and usability for better decision-making. Data observability provides insights into the state, behavior, and performance of systems, applications, and data infrastructure, improving resource efficiency and aligning cost to value for organizations.