Modern Data Agility: Data Mesh vs. Data Fabric Explained
In 2022, companies in the finance sector experienced an average cost of $5 million per data breach incident due to outdated centralized data systems. Modernizing data architecture can lead to faster decision-making, personalized customer experiences, and streamlined operations. By 2025, global data generation is expected to reach 175 zettabytes, but only a fraction of organizations consider themselves advanced in their data-driven initiatives. Two approaches stand out for managing complex data environments: data mesh (decentralized) and data fabric (centralized). Key components of data mesh include domain-driven design, data as a product, self-serve data infrastructure, and federated governance. Key components of data fabric include data integration, metadata management, automation & AI/ML capabilities, and data orchestration. The choice between data mesh and data fabric depends on an organization's strategic priorities, such as autonomy, speed, innovation (data mesh) versus centralization, consistency, efficient data integration (data fabric).
Company
Acceldata
Date published
Oct. 29, 2024
Author(s)
-
Word count
2817
Language
English
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