Purpose of a data lake
You might not need a data lake if your company is a bootstrap start-up with a small client base. However, even the smaller entities that adopt the data lake pattern in their data ingestion and consumption will be nimbler than their competitors. Especially if you already have other systems in place, adopting a data lake will come at a high cost. The benefits must outweigh these costs, but this might be the difference between crushing your competitors and being thrust into the pile of failed companies in the long run.
Some of the benefits of having a data lake are as follows:
Increasing operational efficiency: Finding your data and deriving insights from it becomes more accessible with a data lake.
Making data more available across the organizations and busting silos: Having a centralized location will enable everyone in the organization to access the same data if they are authorized to access it.
Lowering transactional costs: Having the correct data at the right...
