Global data will reach 175 million petabytes within the next five years.
Source IDC
Data lakes consolidate and secure data from different sources and formats into a single repository for easy access and analysis.
A few examples of data formats include: audio (mp3), email (txt), videos (mp4), and images (jpg).
Depending on the use case, data lakes can be built on object storage or Hadoop. Both can scale and seamlessly integrate with existing enterprise data and tools.
All this data in varied formats must be ingested and prepared for users to leverage.
A data lake is a flexible storage mechanism for storing raw data.
60%By 2025, nearly 60% of existing data will be created and managed by enterprise organizations (compared to 30% in 2015).
Source: IDC Data Age 2025
Data catalogs are essential to users’ ability to search and find data to analyze.
Data catalogs with machine learning present current datasets and relevant data through optimized metadata management.
99.5%of collected data remains unused, primarily due to a lack of infrastructure, resources, and management.
Source: Grow.com
Analyzing data from a single source limits insights. Data lakes consolidate data from multiple sources, including data from across the business, enabling users to analyze all available data.
5 data sources are consulted on average to analyze and reach a data-driven decision
Source: Bi-Survey.com
Leveraging data lakes, machine learning, and analytics capabilities, users gain intelligent insights that inform data-driven business decisions.