Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    How Data Analytics Is Reshaping Patient Financing Decisions
    How Data Analytics Is Reshaping Patient Financing Decisions
    13 Min Read
    business using business intelligence
    How to Use a Competitive Intelligence Dashboard to Turn Market Data Into Smarter Marketing Decisions 
    9 Min Read
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: How to Ensure Data Lakes Success
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > How to Ensure Data Lakes Success
Big Data

How to Ensure Data Lakes Success

alleliaspili
alleliaspili
5 Min Read
Image
SHARE

ImageIn terms of today’s enterprise data management services, a shift is now happening from the traditionally popular data warehouses to the less structured data lakes. Although there are skeptics against data lakes, many also believe that unlike data warehouses, it enables businesses to have a more unlimited view of data.

ImageIn terms of today’s enterprise data management services, a shift is now happening from the traditionally popular data warehouses to the less structured data lakes. Although there are skeptics against data lakes, many also believe that unlike data warehouses, it enables businesses to have a more unlimited view of data.

Data lakes are defined as “a massive, easily accessible, centralized repository of large volumes of structured and unstructured data”. Whereas data warehouses store data from various sources in specific static structures and categories, data lakes do not classify data when they are stored.

However, just having a data lake is not enough. A successful one must be able to provide real-time response to queries and give users an easy and uniform access interface. To ensure your data lake’s success, we have compiled a list of tips shared by data management experts.

More Read

Because It’s the Weekend: Visualizing Ocean Currents
Unintended Effects of Adblockers
How Organizations Are Leveraging Big Data for the Greater Good
Empowering the Business Ecosystem with Business Intelligence [VIDEO]
How To Automate Google Analytics Reporting

Identify Use Cases 

In his article on InfoWorld, Strategic Developer Andrew Oliver suggests that businesses must have some use cases in mind before constructing a data lake. He says they can either be existing ones or any case that your business wants to do but couldn’t. 

Work with Data Scientists

Oliver likewise suggests that businesses work with data scientists. Data scientists and engineers provide the necessary expertise required to make the data lake a successful data and analytics tool. Businesses may choose to work with data management firms. Oliver points out, however, that there is no unicorn data scientist. Instead, the key is in hiring “technically adept facilitators”.

Use of Multiple Tools and Products

Knowledgent, suggests the next five characteristics they believe are necessary for a successful data lake and the first one involves customizing it based on multiple technology stacks. This is because there is no single open-source platform available right now that can extract maximum value out of the data lake.

Domain Specification

Data lakes must be industry-specific to cater to the industry’s unique needs. Make sure that IT intervention is not necessary to enable users to obtain data when they need it. A user interface that allows keyword, faceted and graphical search is likewise necessary.

Automated Metadata Management

Knowledgent states that “without a high-degree of automated and mandatory metadata management, a Data Lake will rapidly become a Data Swamp” and that “attributes like data lineage, data quality, and usage history are vital to usability”.

Configurable Ingestion Workflows

New sources of external information will continuously be available. Make sure to have an easy, secure and trackable content ingestion workflow mechanism that can rapidly add these new information into the data lake.

Integrate with the Existing Environment

A lot of businesses already have existing enterprise data management systems. The data lake must be able to support this and be well integrated into it to avoid replacing or ripping apart the existing environment. 

Optimized Scalable Multi-Protocol Storage 

Senior Consultant and Technologist Ed Walsh says in his article that enterprise data lakes have three critical storage requirements. First, they must be scalable to enable the business to expand capacity as needed and prevent service interruptions. Second, they must be optimized for low cost per gigabyte. Lastly, they must have multiple storage protocols to allow for simultaneous access.

These are the characteristics that data lakes must have to ensure its success. Data lakes can be an effective and successful data management solution for businesses provided that they allow users to analyze an extensive array and volume of data when and how they want it. The key is to design and implement one that is tailored specifically to address business needs.

 

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

How Data Analytics Is Reshaping Patient Financing Decisions
How Data Analytics Is Reshaping Patient Financing Decisions
Analytics Big Data Exclusive
AI driven big data company
How AI-Driven Workflows Are Changing the Way Companies Think About Data Risk
Artificial Intelligence Data Management Exclusive Risk Management
ai product development
Why Businesses Outsource AI Product Development Companies
Exclusive News
banking tools
The Fintech and Banking Tools Global Entrepreneurs Rely On
Fintech Infographic

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Online survey research – how accurate?

10 Min Read

Top 5 Reasons R is Good for you

4 Min Read
Image
AnalyticsBig DataBusiness IntelligenceCRMMarket ResearchWeb Analytics

Pageviews are Dead, Engagement is King

8 Min Read
big data and Hadoop guide
AnalyticsBig DataExclusiveHadoopSoftware

How Big Data and Hadoop Training Programs Can Make a Big Difference

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?