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Data Lakes

Data Products on Data Lake

Data lake products are packages created from data sets that transform collected data into easy-to-use and useful information. These packages are purpose-built and can be shared and easily adopted across organizations. Because data products come bundled with certain characteristics such as business domain, access method, governance, and documentation, all of these characteristics must be provided by data lake teams.
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How to provide Data Products on Data Lake?

Organizations put a lot of effort into creating and maintaining data lakes. This is the first step in turning data into information. However, to realize the full potential of a data lake, a portfolio of data products must be created. Data products are self-contained packages with well-defined business domains, access methods, security, and documentation. Such data packages can be shared within an organization's business units or sold to external business partners. With this approach, data can be easily moved and adopted, and it contains additional characteristics and metrics that make it a trusted asset. As a result, data lake products are easier to understand and adopt, resulting in greater value and profits.

Easy to discover

Business units and end users can easily understand the purpose of the data and tailor it to their needs.

Trust and reliable

Data products enable users to better understand data quality and use data more confidently.

Well-documented usage

Data analysts and businesses have all the information they need to incorporate new data faster.

Secure and interoperable data

Data products provide governance and access control methods to ensure that associated data meets organizational standards and industry regulations.

Our customers are often looking to make better use of the vast amounts of data collected in the data lake. They want the data to be interoperable so they can move it quickly, reuse it, and even monetize it. To make all of this possible, C&F offers data product creation services. Our data engineers and business analysts work on existing data lakes to break them down into distributable and self-contained data packages that serve specific business use cases. Data products, like any other product on the market, should not only be well packaged, but also deliver real value. The value of data products lies primarily in their ease of adoption through well-defined access methods, as well as the trust that comes with data quality metrics and good metadata.

Overview

Data lakes are an invaluable resource for organizations, providing a centralized repository capable of holding massive amounts of raw data. In this vast data storage, organizations can hold structured and unstructured data in various different formats. This is different to a data warehouse, which stores transformed and processed data. Data products realize the full potential of a data lake by processing, analyzing, and transforming the vast amounts of data into highly-trusted, consumable data assets. These assets can then be shared with an organization’s business units or sold to external business partners. Our Data Product Solutions can help you unlock the true value of your data and turn it into greater profits. 

Experts in the field

Michał Majkowski
Principal Software Architect
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Wojciech Winnicki
Chief Technology Officer, Member of the Management Board
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