Data & AnalyticsUpdated April 2026 • 2 min read

Data Lakes Do Nothing

Data lakes don't create value. People create value. Here's why your lake is a cost center and what to do about it.

Author: Edward Chenard
Updated April 2026

You built a data lake. Congratulations. It means nothing.

I don't mean that as an insult. I mean it literally. Your data lake has no meaning.

It has facts. Transactions. Timestamps.

Clicks. A massive collection of discrete, objective observations about events that already happened. That's not insight.

That's inventory. I've built data teams at Fortune 500s, helped take a company public, and launched over 50 data products. And the pattern I see everywhere is the same.

Companies invest millions in the bottom of the stack and almost nothing at the top. Here's how the Meaning Stack works. Five layers.

Most teams never get past layer two. Data: Raw facts. Clicks, purchases, timestamps.

Cheap to store. Easy to collect. Zero value on its own.

Information: Data with context. A message designed to change someone's perception. You've organized the facts, categorized them, calculated something.

This is where dashboards live. This is where most teams stop and call it a win. Knowledge: Information plus experience, values, and judgment.

This is where a human says "I've seen this pattern before and here's what it actually means." You can't automate this layer with a better algorithm. It requires people who understand the business, the customer, and the context. Wisdom: The collective application of knowledge into action.

Not just knowing what the data says. Knowing what to do about it and having the conviction to do it. This is where data teams become strategic partners instead of report factories.

Experience: Grounded truth. The thing that happens when wisdom meets the real world and you learn what actually works versus what should have worked on paper. Here's what gets me.

Data engineering can handle layers one and two. Data science can contribute to layer three. But layers three through five require something most data teams don't have on the roster.

Social scientists. Designers. People who study human behavior.

People who understand that humans don't act logically. We proved this at Best Buy. We had more data than anyone.

Better algorithms than most. And our personalization still went flat. More data didn't fix it.

More complex models didn't fix it. What fixed it was adding people who understood context and meaning. People who could look at the same data and ask different questions.

People from design, behavioral science, philosophy. That's when things changed. The hard truth is that each layer of the Meaning Stack requires a fundamentally different capability.

And you cannot skip levels. You can't jump from raw data to wisdom by hiring more data scientists. You have to build the layers.

Most job postings I see are for layers one and two. Most board presentations are begging for layers four and five. That gap is the whole problem.

So here's my question. Look at your data team right now. What layer are you actually operating at?

And what would it take to move up one?