Data is the key component of every business that has pushed itself into the digital world of the 21st century, it can make or break decisions as well as give you enough insight to know what some key trends are and give you visibility even when you thought you had seen it all.
A few considerations must be taken when looking to make your data talk to you, there are implications of every implementation, if the data will be structured, semi-structured or unstructured and what security features can be implemented to ensure it remains only accessible through specific means.
One term that has become more common when talking about data, especially when looking at big data and enormous volumes of information, is the term “Data Lake”.
In general, a Data Lake is either a type of system or repository where large volumes of data can be stored in what is called natural data or format, this means that information is made available as it was delivered onto the system such as e-mails, images, PDFs, etc.
At first this may come as a surprise, the usability of a “Data Lake” can vary depending on the intention of the business and the implementations performed to go through the data, performing the right searches while also creating datasets or graphs that create sense from what seems abstract chaos.
Care should be taken when leveraging such a service, there are several important pitfalls that can turn a “Data Lake” into a “Data Swamp”, with data becoming unusable or inaccessible with projects taking far too long and not achieving the desired result.
When considering this there is a final question that comes to mind, why bother with all this then?
The answer is simple, building the right implementation and focusing on what is important in a sea of data can get you more than what you are aiming for.
Considering moving all your siloed information, which stands alone and not talking to each other or giving you any insight into what is happening, into a “Data Lake”?
Polyrific can assist you with the right implementation, building a timeline of processes and migrations when needed to take the right steps from the first draft.
Contact us now to get a free evaluation and help in putting everything together to turn your data into revenue.