Data Mesh: Why FinOps is Critical for Controlling Data Spend
A data mesh is a decentralized data architecture pattern that allows businesses to access the data they need directly, reducing the bottleneck of centralized data teams. However, this also requires trust in business teams' responsible use of the data platform. FinOps helps keep track of spending and usage across teams, organization units, and the entire data stack, ensuring cost control and creating an environment for cost optimization. Acceldata has developed a data observability cloud that provides chargeback features to manage and track data spend effectively. The Chargeback feature allows businesses to create multiple organizational units and cost centers spanning different data platforms, allocate costs using tags, set budgets and alerts, and visualize overall expenses in real-time.
Company
Acceldata
Date published
Feb. 15, 2023
Author(s)
Sameer Narkhede
Word count
898
Language
English
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