Companies are continuously envisioning new and innovative ways to use data for operational reporting and advanced analytics. The Data Lake, a next-generation data storage and management solution, was developed to meet the ever-evolving needs of increasingly savvy users.
The white paper published by Knowledgent (a data and analytics firm ) explores existing challenges with the enterprise data warehouse and other existing data management and analytic solutions. It describes the necessary features of the Data Lake architecture and the capabilities required to leverage a Data and Analytics as a Service (DAaaS) model. It also covers the characteristics of a successful Data Lake implementation and critical considerations for designing a Data Lake.