There are many organizations that are already beginning to realize the advantages that were foreseen in this type of structure. Thus, thanks to the internal infrastructures they have developed, Google, Amazon and Facebook are able to take full use of the advantages and agility of data lakes. In each of these companies, their data lakes have generated a value chain that has allowed new types of business value to emerge:
Data lakes can enable merchants to gain cost-effective insights from raw data from multiple sources, including log files, online audio and video consumption, text files, and social media content, to identify consumer behaviors in real time. real and convert actions into sales. Thanks to this ability to generate 360-degree profiles of customers, merchants are able to better interact with them and show them personalized offers immediately to retain their business or generate new sales.
Regardless of your current situation, it's time to look to the future. We are on a journey towards enterprise data connectivity. As businesses become more purely digital, access to data will become a critical priority, as will speed of development and deployment. The data lake is a dream that will allow us to respond to these needs. The value of the global data lake market was estimated at $7.9 billion in 2019 and is expected to continue growing at a CAGR of 20.6% to reach $20.1 billion in value by 2024.