BI Glossary

Data Lake

Back to Glossary

What is a Data Lake?

A data lake is a centralized repository that allows you to store and process large amounts of data in their original, raw format. Data lakes can handle different types of data, such as structured, semi-structured, and unstructured. These originate from various sources, such as databases, files, logs, social media, etc. 

Data lakes enable you to run different types of analytics, such as dashboards, visualizations, big data, machine learning, etc., without having to structure the data first. Data lakes are useful for use cases such as custom data collection.

Some of the benefits of data lakes are:

  • They are flexible and scalable, as they can store any amount and variety of data
  • They are cost-effective, as they can use low-cost storage and processing options
  • They are fast and efficient, as they can provide real-time insights and data-driven decisions
  • They are secure and compliant, as they can protect and encrypt data according to policies and regulations

Some of the challenges of data lakes are:

  • They are complex and difficult, as they require skilled and knowledgeable users and developers

 

Did you know?

Qrvey’s embedded analytics solution comes with a built-in data lake powered by Elasticsearch. It’s one of the main reasons SaaS companies choose Qrvey. 

Read more here about Qrvey’s multi-tenant analytics solution powered by a data lake rather than the typical data warehouse options that leave you building the multi-tenant components yourself.

 

Analytics for Those Who Want More

Build Less Software. Deliver More Value.

Request a Demo Watch a Demo

More Insights

multi-tenant analytics

Why is Multi-Tenant Analytics So Hard?

BLOG

Creating performant, secure, and scalable multi-tenant analytics requires overcoming steep engineering challenges that stretch the limits of...

Read The Post
grow revenue

Pricing Strategies to Maximize Revenue from Analytics

GUIDE

Unlock the full potential of your SaaS business with our comprehensive guide on pricing and packaging strategies. 

Read The Guide
jobnimbus case study

How JobNimbus deployed Qrvey to 6,000 customers

CASE STUDY

Discover how JobNimbus deployed Qrvey to 6,000 customers and saw an immediate reduction in customer churn....

Read The Case Study