Data: Lakes, Streams, Whatever
June 15, 2016
I read “Data Lakes vs Data Streams: Which Is Better?” The answer seems to me to be “both.” Streams are now. Lakes are “were.” Who wants to make decisions based on historical data. On the other hand, real time data may mislead the unwary data sailor. The write up states:
The availability of these new ways [lakes and streams] of storing and managing data has created a need for smarter, faster data storage and analytics tools to keep up with the scale and speed of the data. There is also a much broader set of users out there who want to be able to ask questions of their data themselves, perhaps to aid their decision making and drive their trading strategy in real-time rather than weekly or quarterly. And they don’t want to rely on or wait for someone else such as a dedicated business analyst or other limited resource to do the analysis for them. This increased ability and accessibility is creating whole new sets of users and completely new use cases, as well as transforming old ones.
Good news for self appointed lake and stream experts. Bad news for a company trying to figure out how to generate new revenues.
The first step may be to answer some basic questions about what data are available, their reliability, and what person “knows” about data wrangling. Worrying about lakes and streams before one knows if the water is polluted is a good idea before diving into the murky waters.
Stephen E Arnold, June 15, 2016
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