Can Delta Lake completely host a data warehouse and replace Redshift?

Sweta
New Contributor II

Our use case is simple - to store our PB scale data and transform and use for BI, reporting and analytics. As my title says am trying to eliminate expenditure on Redshift as we are starting as a green field.

I know I have designed/used just Delta lake as an analytics data warehouse though we still used Redshift as a legacy warehouse by other teams in my previous org. But just trying to get some consensus here to gain more confidence.

Thanks,

Swetha