In this moment, excerpted from Acceleration Economy’s Cloud Data Strategy digital event, which took place on March 23, Acceleration Economy analyst Wayne Sadin explains the industry shift towards data lakehouses, which are a single data store that users can quickly receive actionable data insights from.
Highlights
00:08 — Wayne explains that a piece of jargon that users are moving away from is data lakes and data warehouses. Instead, they are moving towards the notion of data lakehouses.
00:21 — He explains that companies like Databricks and Cloudera are doing that, in addition to the number of other Data Modernization Top 10 companies helping users create “one single data store.”
00:38 — “We’re all moving in that direction,” says Wayne, before adding that “we are probably at a point where the data is probably moving in many different directions at once, and maybe we’ve outstripped our tools in many shops.”
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00:52 — The tools, however, are getting better very quickly. After planning well, and understanding data semantics, we can then develop a tool that lets users — or machines — get the data in a timely manner, in an understandable form, and in a consolidated, coherent way.
To gain more insights on the hows and whys of a cloud data strategy’s impact on business processes, view the Acceleration Economy Cloud Data Strategy Digital Summit, which is now available on-demand. Register for your free streaming pass here.
