AWS Lake Formation vs. Amazon Redshift

AWS Lake Formation is a fully managed service to build, manage, secure, and share data in data lakes in days. You can centralize security and governance, and enable data sharing across the organization.

Tens of thousands of customers use Amazon Redshift, a fast, fully managed, petabyte-scale data warehouse service that makes it simple and cost-effective to efficiently analyze all your data using your existing business intelligence tools. It is optimized for datasets ranging from a few hundred gigabytes to a petabyte or more and costs less than $1,000 per terabyte per year, a tenth the cost of most traditional data warehousing solutions.