Summary

As businesses increasingly invest in technology and talent focused on data engineering and analytics, they want to know whether they are benefiting. So how do you calculate the return on investment for data? In this episode Barr Moses and Anna Filippova explore that question and provide useful exercises to start answering that in your company.

Announcements

Hello and welcome to the Data Engineering Podcast, the show about modern data management Introducing RudderStack Profiles. RudderStack Profiles takes the SaaS guesswork and SQL grunt work out of building complete customer profiles so you can quickly ship actionable, enriched data to every downstream team. You specify the customer traits, then Profiles runs the joins and computations for you to create complete customer profiles. Get all of the details and try the new product today at dataengineeringpodcast.com/rudderstack Your host is Tobias Macey and today I'm interviewing Barr Moses and Anna Filippova about how and whether to measure the ROI of your data team

Interview

Introduction How did you get involved in the area of data management? What are the typical motivations for measuring and tracking the ROI for a data team?

Who is responsible for collecting that information? How is that information used and by whom?

What are some of the downsides/risks of tracking this metric? (law of unintended consequences) What are the inputs to the number that constitutes the "investment"? infrastructure, payroll of employees on team, time spent working with other teams? What are the aspects of data work and its impact on the business that complicate a calculation of the "return" that is generated? How should teams think about measuring data team ROI? What are some concrete ROI metrics data teams can use?

What level of detail is useful? What dimensions should be used for segmenting the calculations?

How can visibility into this ROI metric be best used to inform the priorities and project scopes of the team? With so many tools in the modern data stack today, what is the role of technology in helping drive or measure this impact? How do your respective solutions, Monte Carlo and dbt, help teams measure and scale data value? With generative AI on the upswing of the hype cycle, what are the impacts that you see it having on data teams?

What are the unrealistic expectations that it will produce? How can it speed up time to delivery?

What are the most interesting, innovative, or unexpected ways that you have seen data team ROI calculated and/or used? What are the most interesting, unexpected, or challenging lessons that you have learned while working on measuring the ROI of data teams? When is measuring ROI the wrong choice?

Contact Info

Barr

LinkedIn

Anna

LinkedIn

Parting Question

From your perspective, what is the biggest gap in the tooling or technology for data management today?

Closing Announcements

Thank you for listening! Don't forget to check out our other shows. Podcast.init covers the Python language, its community, and the innovative ways it is being used. The Machine Learning Podcast helps you go from idea to production with machine learning. Visit the site to subscribe to the show, sign up for the mailing list, and read the show notes. If you've learned something or tried out a project from the show then tell us about it! Email [email protected]) with your story. To help other people find the show please leave a review on Apple Podcasts and tell your friends and co-workers

Links

Monte Carlo

Podcast Episode

dbt

Podcast Episode

JetBlue Snowflake Con Presentation Generative AI Large Language Models

The intro and outro music is from The Hug by The Freak Fandango Orchestra / CC BY-SA Sponsored By: Rudderstack:

Introducing RudderStack Profiles. RudderStack Profiles takes the SaaS guessw

Summary Data observability is a product category that has seen massive growth and adoption in recent years. Monte Carlo is in the vanguard of companies who have been enabling data teams to observe and understand their complex data systems. In this episode founders Barr Moses and Lior Gavish rejoin the show to reflect on the evolution and adoption of data observability technologies and the capabilities that are being introduced as the broader ecosystem adopts the practices.

Announcements

Hello and welcome to the Data Engineering Podcast, the show about modern data management When you’re ready to build your next pipeline, or want to test out the projects you hear about on the show, you’ll need somewhere to deploy it, so check out our friends at Linode. With their new managed database service you can launch a production ready MySQL, Postgres, or MongoDB cluster in minutes, with automated backups, 40 Gbps connections from your application hosts, and high throughput SSDs. Go to dataengineeringpodcast.com/linode today and get a $100 credit to launch a database, create a Kubernetes cluster, or take advantage of all of their other services. And don’t forget to thank them for their continued support of this show! Atlan is the metadata hub for your data ecosystem. Instead of locking your metadata into a new silo, unleash its transformative potential with Atlan’s active metadata capabilities. Push information about data freshness and quality to your business intelligence, automatically scale up and down your warehouse based on usage patterns, and let the bots answer those questions in Slack so that the humans can focus on delivering real value. Go to dataengineeringpodcast.com/atlan today to learn more about how Atlan’s active metadata platform is helping pioneering data teams like Postman, Plaid, WeWork & Unilever achieve extraordinary things with metadata and escape the chaos. RudderStack helps you build a customer data platform on your warehouse or data lake. Instead of trapping data in a black box, they enable you to easily collect customer data from the entire stack and build an identity graph on your warehouse, giving you full visibility and control. Their SDKs make event streaming from any app or website easy, and their state-of-the-art reverse ETL pipelines enable you to send enriched data to any cloud tool. Sign up free… or just get the free t-shirt for being a listener of the Data Engineering Podcast at dataengineeringpodcast.com/rudder. The only thing worse than having bad data is not knowing that you have it. With Bigeye’s data observability platform, if there is an issue with your data or data pipelines you’ll know right away and can get it fixed before the business is impacted. Bigeye let’s data teams measure, improve, and communicate the quality of your data to company stakeholders. With complete API access, a user-friendly interface, and automated yet flexible alerting, you’ve got everything you need to establish and maintain trust in your data. Go to dataengineeringpodcast.com/bigeye today to sign up and start trusting your analyses. Your host is Tobias Macey and today I’m interviewing Barr Moses and Lior Gavish about the state of the market for data observability and their own work at Monte Carlo

Interview

Introduction How did you get involved in the area of data management? Can you give the elevator pitch for Monte Carlo?

What are the notable changes in the Monte Carlo product and business since our last conversation in October 2020?

You were one of the early entrants in the market of data quality/data observability products. In your work to gain visibility and traction you invested substantially in content creation (blog posts, presentations, round table conversations, etc.). How would you summarize the focus of your initial efforts? Why do you think data observability has really taken off? A few years ago, the category barely existed – what’s changed? There’s a larger debate within

Summary In order for analytics and machine learning projects to be useful, they require a high degree of data quality. To ensure that your pipelines are healthy you need a way to make them observable. In this episode Barr Moses and Lior Gavish, co-founders of Monte Carlo, share the leading causes of what they refer to as data downtime and how it manifests. They also discuss methods for gaining visibility into the flow of data through your infrastructure, how to diagnose and prevent potential problems, and what they are building at Monte Carlo to help you maintain your data’s uptime.

Announcements

Hello and welcome to the Data Engineering Podcast, the show about modern data management What are the pieces of advice that you wish you had received early in your career of data engineering? If you hand a book to a new data engineer, what wisdom would you add to it? I’m working with O’Reilly on a project to collect the 97 things that every data engineer should know, and I need your help. Go to dataengineeringpodcast.com/97things to add your voice and share your hard-earned expertise. When you’re ready to build your next pipeline, or want to test out the projects you hear about on the show, you’ll need somewhere to deploy it, so check out our friends at Linode. With their managed Kubernetes platform it’s now even easier to deploy and scale your workflows, or try out the latest Helm charts from tools like Pulsar and Pachyderm. With simple pricing, fast networking, object storage, and worldwide data centers, you’ve got everything you need to run a bulletproof data platform. Go to dataengineeringpodcast.com/linode today and get a $60 credit to try out a Kubernetes cluster of your own. And don’t forget to thank them for their continued support of this show! Are you bogged down by having to manually manage data access controls, repeatedly move and copy data, and create audit reports to prove compliance? How much time could you save if those tasks were automated across your cloud platforms? Immuta is an automated data governance solution that enables safe and easy data analytics in the cloud. Our comprehensive data-level security, auditing and de-identification features eliminate the need for time-consuming manual processes and our focus on data and compliance team collaboration empowers you to deliver quick and valuable data analytics on the most sensitive data to unlock the full potential of your cloud data platforms. Learn how we streamline and accelerate manual processes to help you derive real results from your data at dataengineeringpodcast.com/immuta. Today’s episode of the Data Engineering Podcast is sponsored by Datadog, a SaaS-based monitoring and analytics platform for cloud-scale infrastructure, applications, logs, and more. Datadog uses machine-learning based algorithms to detect errors and anomalies across your entire stack—which reduces the time it takes to detect and address outages and helps promote collaboration between Data Engineering, Operations, and the rest of the company. Go to dataengineeringpodcast.com/datadog today to start your free 14 day trial. If you start a trial and install Datadog’s agent, Datadog will send you a free T-shirt. You listen to this show to learn and stay up to date with what’s happening in databases, streaming platforms, big data, and everything else you need to know about modern data platforms. For more opportunities to stay up to date, gain new skills, and learn from your peers there are a growing number of virtual events that you can attend from the comfort and safety of your home. Go to dataengineeringpodcast.com/conferences to check out the upcoming events being offered by our partners and get registered today! Your host is Tobias Macey and today I’m interviewing Barr Moses and Lior Gavish about observability for your data pipelines and how they are addressing it at Monte Carlo.

Interview

Introduction How did you get involved in the area of data management? H