Data remains a giant value generator and reinforces your enterprise’s ability to stay ahead of the competition.
However, managing, securing and storing data for its continued relevance and using that voluminous information to your advantage is difficult at times, and requires a streamlined process flowchart.
So, how do you make data more useful to you and benefit from its infinite possibilities? What are the cutting-edge tools you need to keep your enterprise future-ready?
We have already discussed the basics of Data Lake and the expected stages of data lake implementation. Let’s dig deeper as to when and why to implement data lakes and how to strategize the implementation process.
Here are a few scenarios you could be looking at, when it comes to enterprise data:
If one or more of these look familiar, then it’s time to formulate a phased transformational process.
Traditionally, an Enterprise Data Warehouse (EDW) has served as the foundation for data discovery and functioned well in defining the data according to its quality. However, EDWs are restricted in scope and ability, and are unable to handle data complexities.
So a data lake is required, to expand the possibilities of what you can do with your data. You can take a look at the whole data lake vs. data warehouse discussion, and see how they are actually complimentary.
That said, you can take a call whether now is the right time to start with a data lake or can you invest in that a few months/years down the line. And that depends mostly on your current business goals and challenges, and the kind of data that’s currently most valuable to you.
Here’s a list of pointers to consider before preparing to implement data lake architecture:
Data lakes are best used to store constantly generated data, which often accumulates quickly.
Usually streaming data has a common workload of tens of billions of records totalling to hundreds of terabytes. If you’re handling such huge amount of data, then you should definitely consider a data lake since the costs of structuring and storing it in a relational database will be too high.
Choosing to stay with data warehouse could be a better choice if you’re mostly working with traditional, tabular information, e.g., data generated by financial, CRM or HR systems.
One of the great things about data lakes is the flexibility with which data is ingested and eventually be used, with a sole principle to ‘store now, analyze later’.
A data lake could be a good fit for a project where higher level of flexibility is required.
The process of adding newly acquired data to your warehouse can often be a resource-intensive process. And the process can even get more complex when it comes to unstructured or semi-structured sources, with a serious ETL overhead in order to ingest the data into a format that your data warehouse can work with.
If this complex process is making you consider giving up on some sources altogether, it’s time to consider a data lake – which will allow you to store all the data with minimal overhead, and then extract and transform the data when you want to actually do something with it.
A data lake would typically require big data engineers, which are difficult to find. In case of lack of such skills, consider sticking to your data warehouse until the prerequisite engineering talent is hired to manage your data lake.
Both data lakes and data warehouses pose challenges when it comes to governance. Data warehouses pose the challenge of constantly maintaining and managing all the data, whereas data lakes are often quite difficult to effectively govern. Whichever approach you choose, make sure you have a good way to address these challenges as per your project.
The above points will help you decide to opt for data lake or not.
Once you decide to stay with data lake, blindly plunging into its implementation won't necessarily benefit your organization. The big picture of what you want to achieve with your data, and a strategy for a cohesive data infrastructure is crucial.
A haphazard approach may lead to several challenges hampering the use of a data lake to support big data analytics applications.
In the absence of an overarching strategy, a lot of data handling best practices can get overlooked, causing challenges and bottlenecks further down the line. For example, not documenting the relevance of data objects stored in a data lake might make it difficult for data scientists to find relevant data and track who accesses what data sets and determine what level of access privileges are needed on them.
So, here are seven steps to avoid such concerns for implementing data lakes.
Organizations are increasingly attempting to innovate processes, driving heightened service excellence and delivery quality. Interested in knowing how data lakes represent a smarter opportunity for effective data management and usage for your organization?
Contact us and let our experts do the talking.