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The Growing Challenge of Cloud Data Management

In today’s cloud environments, data and analytics costs are a significant expense. Managing these costs—from storage needs with multiple data copies to extensive compute and egress charges—can be challenging. While many organizations initially seek a logical data access layer to unify and secure data access, they quickly discover that the benefits extend far beyond accessibility and security. Denodo’s financial operations (FinOps) capabilities deliver measurable cost efficiencies, helping organizations achieve a clear return on their data architecture investments.

Denodo’s FinOps Capabilities

With the tools available on the FinOps dashboard, organizations can gain actionable insights that enable the effective management of cloud costs across departments. These tools support three key areas to help optimize cloud spend:

Informing

Through granular logging and query tracking, organizations gain a transparent view of cloud expenditures. This clarity enables precise cost allocation and highlights expense areas that can be optimized.

Optimizing and Operating

Leveraging intelligent caching, query acceleration, and push-down operations, the Denodo Platform helps organizations minimize compute costs without sacrificing performance. These capabilities not only optimize cloud resources but also strengthen the financial case for a robust data architecture.

Integrating and Scaling

Denodo’s FinOps insights seamlessly integrate with third-party dashboards, providing a unified view of cloud costs and usage. With hybrid and multi-cloud support, the Denodo Platform provides a consistent, cost-effective approach to data management.

FinOps Dashboard Benefits

The Denodo Platform isn’t always implemented with FinOps as the primary goal, yet its strategic position between data consumers and sources makes it ideal for optimizing cloud cost management. The Denodo Monitor captures comprehensive insights on data access and usage—logging details like cloud providers, regions, query execution times, and data volumes—enabling organizations to track and allocate costs with precision.

Enhanced Visibility and Cost Tracking

Detailed insights into query activities and data transfers make it easy to monitor usage across departments, aiding in accurate cost allocation and accountability. The FinOps Dashboard logs essential data points—like query execution time and data transfer volumes—across multi-cloud and on-premises environments, enabling better control over operational expenses.

Optimized Compute and Storage Costs

The Denodo Platform’s Query Optimizer intelligently manages compute resources, minimizing redundant queries and storage scans. Features like smart query acceleration and caching mean that compute-heavy tasks are kept efficient, reducing costs associated with cloud infrastructure and storage.

Efficient Data Movement

Through intelligent caching and optimized data access, the Denodo Platform reduces data transfer volumes, helping companies avoid unnecessary egress charges. The Denodo Platform provides a streamlined way to access data without needing to relocate it, reducing egress fees while maintaining seamless data integration.

User Engagement

Through the FinOps Dashboard, organizations can monitor user interactions with data and analytics tools, tracking KPIs like engagement, adoption rates, and other key metrics. The insights not only demonstrate how well investments align with user needs and support business objectives but also guide further enablement efforts to enhance adoption and advance organizational goals.

Ready to maximize your data potential with the Denodo FinOps Dashboard?

For over 25 years, Denodo has helped organizations unlock the value of their data. With the Denodo FinOps Dashboard, we enable a meaningful analysis of escalating data storage costs and a better understanding of how each data source is utilized, by whom, and how frequently. Contact us to learn how Denodo can empower your business with the next generation of data management.

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