Every two weeks, the Data Planet brings you the latest and most fascinating news to watch in Data Analytics and BI, offering up quick snackable summaries so you can skip straight to the point.
This week’s edition of the Data Planet includes:
Updates to Azure Cost Management and Billing
Hot Takes on Baumol's Cost Disease in Healthcare
Software Spotlights: Database Build Tool (DBT) and Apache Superset
Updates to Azure Cost Management and Billing
Microsoft has released some new features and articles around the topic of cost management.
Our key takeaways:
The importance of cost management scales with cloud adoption – you can save a lot of money by moving to the cloud, but you can also waste a lot of money.
Working with cloud experts can give organizations a head start on effective cost optimization with rapid and tangible ROI.
The latest improvements and updates to Azure Cost Management based on user feedback:
New cost view for resource groups
Remember last-used scope in Cost Management
What's new in Cost Management Labs
Defining roles and responsibilities for cloud cost optimization
5 ways to save costs by running .NET apps on Azure
A16Z co-founder Marc Andreessen and A16Z Bio General Partner Vijay Pande discuss why healthcare has been resistant to technology induced productivity gains, asking how is it that flat screen TVs get cheaper every year, but healthcare keeps getting more expensive?
Our key takeaways:
Sectors like consumer technology are experiencing high rates of productivity growth – an explosion in wages and jobs while prices reduce.
Healthcare and education are industries with low productivity growth, but to compete in the market for professionals they have to match wages with faster-growing industries.
This creates an explosion in price, with products and services becoming more expensive while not necessarily improving – known as Baumol’s Cost Disease.
AI is becoming one way of combating the explosions in pricing that these industries are seeing.
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