Data Lake The modern enterprise runs on data. However storing the same has always been challenging, expensive and it results in data silos. A data lake consists of a cost-effective and scalable storage system along with one or more compute engines. Data Lakes are consolidated, centralized storage areas for raw, unstructured, semi-structured, and structured data, taken from multiple sources and lacking a predefined schema. Data Lakes have been created to save data that “may have value.” It supports a broad range of essential functions from traditional decision support to business analytics to data science. The value of data and the insights…