Changing business requirements and economic conditions plus the drive to support modern and real-time analytics are forcing enterprises to rethink their data and analytics strategies. Data lakehouses combine the best worlds of data warehouses and lakes to deliver a unified platform that supports data science, business intelligence, AI/ML, and ad hoc reporting. A data lakehouse supports real-time analytics, lowers platform costs, improves data governance, and accelerates use cases. This report helps chief data officers and CIOs understand data lakehouse evolution and why they should invest in modernizing their analytical platforms.