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Maximize the Value of Big Data
to Your Organization
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Tool Choices Are Changing
To realize value, users need to be able to access and analyze the information available in the data lake
easily and efficiently. Our research shows that they prefer to use business intelligence tools for analysis.
However, many of these tools buckle under the volumes of data managed as part of a data lake. For
this reason, users need new approaches to effectively utilize data lakes.
The tools to extract information from a data lake are changing and so are the
underlying data-management technologies. While Hadoop deployed on-premises
was the primary platform for many of the first data lake deployments, NoSQL
technologies and cloud-based deployments are also becoming common. Cloud
object stores such as Amazon S3 coupled with Spark processing are also
increasingly considered viable alternatives.
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Go Beyond Transaction Data
The size-constrained data warehouse, the technology
predecessor of the data lake, typically contained transactional
finance, sales and operational data. Data lakes can handle
not only a greater volume but also a greater variety of data.
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Consider External Data Sources
Our research shows that external data sources are Important External Data Sources
commonly used as input to data lakes, second only for Big Data Analytics
to transaction data. For example, nearly half (46%)
Cloud computing
of organizations are incorporating social media data business applications
into their data lakes to provide a more informed view Social media
of customers and prospects. Analysis of social media
Economic data sources
also can help an organization improve the performance
Internet information
of products and services. sources
Consumer demographic
There’s an array of external data services available sources
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Data Streams In Constantly
Virtually every aspect of an organization involves business processes that generate data continuously.
Today these include IoT devices, production lines, logistics activities and websites as well as IT systems.
Financial markets generate trade data continuously. Social media streams continuously.
Some organizations are turning this information availability into an opportunity – nearly one in five
(19%) are processing data in real time.
As it plans for the future, the organization must realize that the batch processes it has used to feed
static data warehouses are no longer sufficient. Nor are analytical tools that assume the underlying data
is static. It must ensure that its data lake architecture can accommodate processing and analyzing the
growing and accelerating streams of dynamic data.
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Enable New Types of Analytics
Data lake investments should enable analytics that extend beyond those
currently being used. With all the detailed data stored in a data lake,
organizations can perform analyses at a much finer level of detail
than was previously possible. Such detailed access allows
an employee to follow a train of thought – from high-level
trends to specific subsets of data in that trend – within
a single environment.
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Avoid Vendor or Platform Lock-In
With the continuing evolution of data lake technologies,
it’s important to adopt a flexible architecture that can
accommodate changes. Most data resides on-premises
today, but 44% of organizations operate in a hybrid data
environment. Organizations increasingly are using
a variety of big-data technologies, among them Hadoop,
NoSQL, cloud-based object stores, graph databases and
GPU databases.
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Provide Self-Service
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Stay Ahead of the Game
Data lakes can provide significant value to your organization and
help it improve its business processes. They support the analyses
an organization needs to have a complete picture of its operations
and its customers, allowing it to stay ahead of its competition.
Sponsored by
The Ventana Research benchmark research reports Big Data Analytics, Data Preparation,
and Data and Analytics in the Cloud can be found at www.ventanaresearch.com.
© Ventana Research 2018. All rights reserved.
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