A data team must be free of all the constraints of centralized governance and standardization to be effective. This is why a completely distributed architecture made up of interconnected data pools came into being.
What Is A Data Pool?
A data pool is a centralized data repository from which trading partners (retailers, distributors, or suppliers) may access, manage, and share standard product information. Suppliers can provide data to a data pool that retailers can access through their data pool. Data pools store to trade items that contain key attributes, such as the Global Trade Item Number (GTIN), in standardized formats that allow trading partners to easily synchronize their data. This allows trading partners to easily synchronize their data. Like, data management service in healthcare involves gathering, storing, processing, and analyzing healthcare information to improve patient care, reduce costs, and improve operational efficiency.
A data pool is a self-contained, isolated micro-data lake. A data lake consists of at least one, but ideally many, data pools that are managed independently and belong to the same organization. While each data pool’s administration and resource allocation are independent, they can communicate and share data between them. You might also be interested in knowing about Data Lake Architecture: A Comprehensive Guide.
How Does A Data Pool Work?
A data pool is made of a Kubernetes cluster that allows for the management of multiple data pool projects. Each data pool operates independently. Budgets and resources are allocated based on the needs of each project. As a result, project costs are more predictable. For example, effective data management services in the insurance industry can help insurers gain insights into customer behavior and preferences, reduce operational costs, mitigate risks, and increase profitability.
The data pool can be deployed in any cloud provider of your choice and can collaborate with other data pools within the same organization via the data sharing mechanism. The governance rules are only enforced when data is shared with other data pools.
What Is A Data Pool Project?
A data pool project is an isolated collection of resources and data that is managed by users who have access to that specific project. The data lake administrator assigns a quota to each project. Team members who have access to the project can use memory and CPU resources from the project quota to run the applications they require. You must read about Data Lake Tools: Serving Information With Security to get a better idea about a data pool.
The data posted in a project is only accessible to people who are granted access to that project. All initiatives that need data sharing throughout the whole business must go through a “publish” process. This is where the data governance principles are enforced.
In terms of storage, each data pool project is associated with an object storage bucket. And all data is segregated in that bucket. Only when data is shared is it copied into a shared object storage bucket.
To summarize, the primary value of a data pool is that it allows data teams (whether data scientists, data engineers, software developers, or business analysts) to use whatever tools they desire, and whatever resources they have, to complete their tasks. All of this is without being subject to the centralized policy. It enables teams to reduce infrastructure needs and implement governance norms locally, allowing for greater creativity and agility.
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Contact us to learn more about how we can help you!