Let’s walk through some data… and then I have some thoughts.
First, with a new survey, Gartner showed that less than half of data and analytics (D&A) leaders (44%) reported that their teams effectively provided value to their organizations.
Next, a piece in CIO Dive reviews a February report published by KPMG. The focus is on variable pricing models in the cloud and how FinOps – those cloud cost control protocols – are being leveraged as costs are being examined. And this quote:
Shadow IT emerges in the gaps between oversight. Complex billing structures are compounded as companies contract with multiple providers for hybrid cloud deployments. Finance teams may not understand the technical specifications, and technical teams can delay financial considerations until the bills pile up.
That billing complexity appears in a new survey by Distributor Westcon-Comstor called “Navigating the shift: The Role Of Distributor Marketplaces In Partner Success.”. Here’s the highlight from Channel Futures:
Most channel partners have started their migration to subscriptions and services. But only 21% say that they have gone as far as possible. Most partners (78%) are only part way through the journey and face various challenges in realizing full migration.
The biggest hurdle is that complexity comes with the shift to subscription and recurring revenue models. More than one-half (52%) cite managing a complex multivendor portfolio as their biggest challenge.
And finally, Insider notes a big tech company trend – the return of “revenue per employee” as a metric.
Why do we care?
My reaction – wastefulness. It seems many companies are getting cost-religion now that there is apparent uncertainty in the market. That said… we’ve been on the precipice of a recession for ages, and it hasn’t happened.
I could make a pretty solid argument that this isn’t something businesses should do just during downtimes and uncertain ones. Sure, it’s understandable to get more casual when times are good.
Back to basics tends to be pretty popular during challenging times.