Gartner Research

Apply Financial Governance to Control Your Cloud Data Management Environment

Published: 22 August 2018

ID: G00332642

Analyst(s): Rick Greenwald , Adam Ronthal

Summary

Data and analytics leaders using cloud-based data management solutions are often surprised by cost overruns. A comprehensive approach combining proactive, reactive and product-specific measures is essential for predictable budgeting for cloud data management environments.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Apply Proactive Budgeting Measures to Cloud Deployments at Both Master Account Level and Individual Project Level
  • Manage Excessive or Exceeded Budgets by Defining Reactive Strategies to Control Costs
    • Reactive Actions
    • CSP Frameworks to Accommodate Reactive Controls
  • Explore Product-Specific Financial Controls and Guardrails to Gain Finer Control Over Cloud Spending and Cost Overruns
    • Examples of Native CSP Product Features Applicable to Financial Governance
    • Examples of ISV Product Features Applicable to Financial Governance

Gartner Recommended Reading

©2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Purchase this Document

To purchase this document, you will need to register or sign in above

Become a client