Enterprise Data Lake

Enterprise Data Lake Adoption

The enterprise data lake market was estimated at $3.74B in 2020 and is expected to reach $17.6B by 2026, at a CAGR of 29.9%.

The main use cases for enterprise data lakes

• Aggregation and storage of massive datasets, including XaaS data, clickstream data, sensor readings and other IoT data, etc.
• Data science and advanced analytics: the voluminous data stored in a data lake can be used for further exploration and analysis (e.g., for data warehousing and exploratory data analysis).
• Serving operational applications driven by real-time data, such as recommendation engines and fraud detection tools.

What Is an Enterprise Data Lake?

An enterprise data lake is a flexible centralized repository for enterprise data in its raw format: structured, semi-structured, or unstructured. With this solution, companies don't have to discard enterprise data just because there is no clear business use for it yet: a lake makes it possible to store voluminous data cost-efficiently and use it for in-depth analysis when needed.

Enterprise Data Lake Architecture: Key Zones

Depending on the data management objectives and the tech systems already in place, an enterprise data lake can be used not only for data storage but also for data transformation and processing.

NB! A data lake is not supposed to compete with or replace an enterprise data warehouse – on the contrary, the tech solutions work best when they complement each other. To learn more about the differences between these two types of systems, check out a dedicated article by Alex Bekker, ScienceSoft's Head of Data Analytics.

Below, we outline a sample architecture of an enterprise data lake, which is organized into four major zones.

• A landing zone holds raw data ingested from multiple data sources. Only data engineers and data scientists can access this zone.
• A staging zone is present when primary data normalization is needed. Here, raw data from the landing zone gets cleaned (e.g., erroneous readings from IoT sensors are filtered out). Plus, the staging zone can ingest data from external or internal sources if it doesn't require preprocessing (e.g., customer reviews from an ecommerce website).
• An analytics sandbox is a secure environment that allows data scientists to explore the data, try different approaches to analysis and assess the results, build and test ML models to experiment with large datasets without affecting the production environment.
• A curated data zone stores cleansed, processed data converted into conforming dimensions or master lists (e.g., organizing the street number and name, apartment unit, city, zip code, and country into a single address field). With custom scripts or data quality and ETL tools, cleansing operations can be more sophisticated: e.g., data verification and handling conflicting information from different data sources.

NB! As the curated data zone stores processed data, it is sometimes considered a part of an enterprise data warehouse. Still, for some use cases requiring large-scale queries with access to data details (e.g., predictive maintenance, fraud detection, customer segmentation), running the entire analytical process in the data lake ensures speed and cost-efficiency.

ScienceSoft: Here To Help You Turn Enterprise Data into a Valuable Asset

• In data analytics and data science since 1989.
• Working with big data since 2013.
• A team of 750+ enthusiastic IT professionals, including solution architects and data engineers with 7–20 years of experience.
• Enterprise data lake engineering services for 30+ industries, including healthcare, banking, lending, investment, insurance, retail, ecommerce, professional services, manufacturing, transportation and logistics, energy, telecommunications, and more.
• Strategic partnerships with Microsoft and AWS.
• An in-house PMO and mature project management practices to handle large-scale projects and achieve project goals regardless of time and budget constraints.
• A quality-first approach based on a mature ISO 9001-certified quality management system.
• ISO 27001-certified security management to guarantee complete security of our clients' data.

How Market Leaders Benefit from Enterprise Data Lakes: a Success Story

Consider Professional Services for Your Enterprise Data Lake Journey

Relying on 35 years in data analytics and 11 years in big data, ScienceSoft can help you design a solid data lake architecture, join you at any stage of enterprise data lake engineering, or take over its end-to-end implementation.

3 Things That Become Possible with an Enterprise Data Lake