Unravel Data Named A Sample Vendor In The Gartner Hype Cycle For Emerging Technologies In Finance, 2023

By Author: Arina Smith
Total Articles: 185
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Unravel Data is a data observability and FinOps platform recognized by Gartner's Hype Cycle for Emerging Technologies in Finance, 2023. It has been listed as a Sample Vendor for both Augmented FinOps and Data Observability. The platform aims to address the challenges posed by the speed and scale of modern data platforms, particularly as more data workloads move to the cloud.

Augmented FinOps is a concept that applies agile, continuous integration, and deployment principles to financial governance, budgeting, and cost optimization efforts. Unravel leverages artificial intelligence (AI) and machine learning (ML) to automate this process, enabling organizations to optimize cost based on defined business objectives.

Data observability, another crucial aspect of Unravel's platform, involves continuously monitoring, tracking, alerting, and troubleshooting data-related issues. This helps reduce and prevent data errors and system downtime, giving organizations better insights into the health of their data, data pipelines, landscape, and infrastructure.

The core of Unravel Data's platform is its AI-powered Recommendation ...
... Engine, which understands the complexities of modern data platforms and infrastructure. It provides organizations with granular visibility, cost governance, and self-service optimization, allowing them to effectively manage data workload spending and maximize ROI.

Unravel Data's platform supports the three FinOps phases for modern data platforms: Inform, which provides visibility at various levels for efficient allocation and chargeback; Optimize, which maximizes business impact with available budget and resources; and Operate, which delivers ongoing cost governance and self-service optimization for predicting costs and maximizing value.

The platform's capabilities have gained recognition from prominent companies, such as Adobe, Maersk, Mastercard, Equifax, and Deutsche Bank, who rely on Unravel Data to gain data-driven insights and bring new innovations to the market.

Overall, Unravel Data's platform is positioned to help CFOs and financial leaders in identifying and leveraging emerging technologies that shape the future of finance. With the rise of AI integration and cloud-based data practices, the platform aims to provide organizations with the visibility and tools needed to optimize efficiency, control cloud costs, and achieve greater flexibility and resiliency in their data operations.

https://www.techdogs.com/tech-news/business-wire/unravel-data-named-a-sample-vendor-in-the-gartner-hype-cycle-for-emerging-technologies-in-finance-2023