Incorporating machine learning in the data lake for robust business

After my last blog on data monetization, I got several queries from customers, partners and colleagues. One common questions was, if we initiate building a data lake, how can we make sure the data lake is ready for advance data monetization use cases? I write from first-hand experience with my customers at different stages of their journey on building data lake. First and foremost, the journey starts from proper governance strategies which make the data lake a "trusted data lake." Next, moving from "trusted data lake" to data monetization involves a well-defined machine learning model and data science capabilities incorporated in data lake.