Any transactional system in your enterprise keeps data in the so-called production data store, which is more relevant and needed for data-to-data operation (also known as operational data). However, these historical data pieces are gold mines for the business and their operation. Historical data would give valuable insights into changing business operations and also pave the way for various operational changes in future business operations.
Today, historical data, when not needed or moved away from the transactional data store, is often persisted in hard tapes. The data once persisted in hard tapes is usually ignored and lies there without any usefulness. In place of hard tapes, Data Lakes could be used as an active archival storage for storing data that is considered non-productive. This can be quite useful as it is much easier to bring back this data alive if it lives in...