Valuing the data in your lake

Data Lake can be an asset or a liability

This carries on from my previous commentary on data lakes.

Data lakes are often painted as a wonderful paradigm to solve many data challenges and build a ‘cheap’ long term storage mechanism for all your data. Generally these ideas emanate from the concept that “Data is the new oil”, or “Data is the commodity of the 21st century”. However you should pay very close attention to how you value your data lake. I will…