Mike AustinFounder & CEO, Metrixdata 360 Inc. · Mike Austin | Helping enterprises take control of software costs through data, strategy, and relentless execution

SAM in a Dynamic IT

Name: SAM in a Dynamic IT
Uploaded: 2024-11-08T14:15:02+00:00
Duration: 45 s
Channel: Mike Austin
Description: Mike Austin describes how predictive analytics can be used in dynamic IT environments to forecast changes and associated costs—particularly licensing…

8 Nov 2024 · 1 min

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0:45

Mike Austin describes how predictive analytics can be used in dynamic IT environments to forecast changes and associated costs—particularly licensing costs—before implementing changes. He suggests predictive models can observe historical changes, be fed hypothetical changes, and estimate impact and cost, and believes such capabilities are feasible today if executed by knowledgeable practitioners.

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I think predictive analytics is something that it'll definitely play in in the future. I think, you know, if you look at and think about, you know, if you make changes in the environment, what are the costs to do so? From a licensing perspective, I do think that it will be able to play there. I actually think you can use it to, you know, forecast changes in cost over time as well, prior to actually implementing them. So I think it can watch and see what has changed. But I think he will be able to feed it as well and say, if we make this change, what is the impact? What is the cost going to be? I do believe that it's probably there today. If you really know what you're doing, you should be able to do those sorts of things.