BusinessSeptember 7, 2026

datalake

DAY-tuh-layk

Definition

A centralized repository that stores a vast amount of raw data in its native format until it is needed for processing, analysis, or AI model training.

Etymology

The term is a compound of 'data' and 'lake,' coined by James Dixon in 2010 to contrast a large, flexible, and accessible storage area with a 'data mart,' which is compared to a bottle of purified water.

In the news

The article recommends building a treasury datalake to act as a single source of truth by aggregating fragmented data from various financial systems and external sources. This serves as the necessary data architecture to support effective agentic AI adoption.

Agentic AI Can Help Treasury Functions Achieve Up To 90% Forecast Accuracy: EY India Report

Read the full article ↗

TheTechPanda

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