The term ‘data lake’ has been floating around for the past few years. While there has been growing discussion as more enterprises begin utilizing data lake services, the concept definition and how it can bring value to RM is still be a bit murky.
We’re here to clear up the muddy waters for you. In this article, we explore:
The origins of the data lake,
what a data lake is,
how data lakes compare to data warehouses (they're similar, but don’t get them confused!)
three common critiques of the concept, and
how the right data lake solution can transform and bring insights to an organization's RM.
Let's dive in.
Related: Want to further explore the records management and overall business value of the data lake? Read our article on why your organization should implement a data lake.