What is Data Lake ?
A data lake is a centralized repository that allows you to store all your structured and unstructured data at any scale. You can store your data as-is, without having to first structure the data, and run different types of analytics like —
- Dashboards and visualizations to big data processing
- Real-time analytics
- Machine learning to guide better decisions
The data lake is mostly used by Data Scientists and Machine Learning Engineers as it helps them answer questions that are not yet answered or perhaps create a question that is not yet known.
It contains a vast pool of data with different types and when they are integrated, they prove to be very useful in terms of predictive modeling which is mostly used to build machine learning models.
Not just that, but Data lakes are next-generation hybrid data management solutions that can meet big data challenges and drive new levels of real-time analytics. Their highly scalable environment supports extremely large data volumes, accepting data in its native format from a variety of data sources. As a compliment to your data warehouse, they provide the framework for machine learning and real-time advanced analytics in a collaborative environment.
Data Lake can help you identify and act upon opportunities for business growth faster by;
Attracting and retaining customers
Proactively maintaining devices
Making informed decisions
Why do you need a data lake?
Organizations that successfully generate business value from their data, will outperform their peers.
An Aberdeen survey saw organizations who implemented a Data Lake outperforming similar companies by 9% in organic revenue growth. These leaders were able to do new types of analytics like machine learning over new sources like log files, data from click-streams, social media, and internet connected devices stored in the data lake.
Data Lake services by vCreaTek
VCreaTek offers enterprise-grade products and services to help you build a data lake and then manage, govern, access and explore big data. Data lake solutions combine cost-effective, enterprise-grade open source technology with real-time analytic capabilities. Tap into the tremendous potential of previously unanalyzed data and make smarter, more agile, data-driven decisions.
We provide impactful Analytical & Visualization Services.
We have diverse offerings integrated with the latest technical insights that would burgeon exciting opportunities for you and your business!
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