Shemas Eivers: Beware the inviting view of the vast data lake

Data lakes are the billion-dollar evolution to data warehousing but are not the panacea for data management headaches, says Shemas Eivers, chairman of Cork-based tech firm Client Solutions.

We are now creating more bytes worldwide daily than there are grains of sand but any view of data being the “new oil” or other such valuable resources misses the mark. Oil is finite. Exponential data growth is a certainty and is hurtling towards mind-boggling volumes.