Based on us keeping a replica of our AVEVA data archive in delta tables which are just parquets; and only compressing the parquets in LZ4 and getting a fuck ton of more space savings. I would say yes. Especially when you're onprem with a dedupe storage appliance.
I think swinging door made sense when storage was slow and scrace, but nowadays storage is cheap (even with these prices)
Someone tell my company this please ;-;