Data Lake
A centralized repository that stores raw data in its native format for analysis and AI applications.
Putting Data Lake in Context
A CRE data lake consolidates leasing data, market reports, and financials, allowing analysts to generate actionable insights quickly.
Frequently Asked Questions about Data Lakes
What is a data lake?
A data lake is a centralized repository that stores raw data in its native format, making it readily accessible for analysis and AI applications.
How is a data lake used in commercial real estate (CRE)?
In CRE, a data lake consolidates leasing data, market reports, and financials, enabling analysts to generate actionable insights efficiently.
What types of data are stored in a CRE data lake?
A CRE data lake typically includes leasing information, market trends, property financials, and other raw data relevant to portfolio and investment analysis.
Why store data in its native format in a data lake?
Storing data in its native format allows for greater flexibility in processing and analyzing diverse data types without requiring prior transformation.
How do data lakes support AI in CRE?
By providing centralized access to vast quantities of raw data, data lakes enable AI models to learn from and analyze complex datasets to uncover trends and predictions.
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