I previously described the concept of hydroanalytic data platforms, which combine the structured data processing and analytics acceleration capabilities associated with data warehousing with the low-cost and multi-structured data storage advantages of the data lake. One of the key enablers of this approach is interactive SQL query engine functionality, which facilitates the use of existing business intelligence (BI) and data science tools to analyze data in data lakes. Interactive SQL query engines have been in use for several years — many of the capabilities were initially used to accelerate analytics on Hadoop — but have evolved along with data lake initiatives to enable analysis of data in cloud object storage. The open source Presto project is one of the most prominent interactive SQL query engines and has been adopted by some of the largest digital-native organizations. Presto managed-services provider Ahana is on a mission to bring the advantages of Presto to the masses.
Ahana was founded to build a commercial business around Presto, with a particular focus on making it accessible to small and midsize organizations rather than the industry giants and digital natives that drove its early adoption. Presto was originally created at Facebook in 2012 and was made available using the open-source Apache license the following year. In 2019, Facebook teamed up with Uber, Twitter and Alibaba to found the Presto Foundation under the auspices of the Linux Foundation. Ahana became a member of the Presto Foundation the following year when it announced its launch, with seed funding from GV and Leslie Ventures, and introduced technical support for Presto deployments. The company rapidly turned its attention to the development of a Presto cloud-managed service, fueled by $20 million Series A funding provided by Third Point Ventures, GV, Leslie Ventures, and Lux Capital as well as a more recent $7.2 million strategic investment from Liberty Global Ventures. The resulting Ahana Cloud became generally available in December 2020. Customers include ad tech company Carbon, e-commerce marketplace provider Carton, security information and event management vendor Securonix, and parking application provider Metropolis. Adoption of Presto is not without its challenges, including configuration and management complexity. Ahana’s managed-cloud approach is designed to facilitate adoption and administration of Presto for organizations that do not have the expertise to configure and manage Presto themselves, or the resources to hire a team of Presto experts. The cloud service is also well-aligned with the increased use of cloud object stores as a data storage layer for analytics initiatives. More than one-half (53%) of participants in Ventana Research’s Analytics and Data Benchmark Research are currently using object stores in their analytics efforts and an additional 18% plan to do so within the next two years. SQL-based processing is key to generating business value from that data. Organizations are well positioned as almost two-thirds (61%) of participants in Ventana Research’s Analytics and Data Benchmark Research said their organization has SQL skills.
Regards,
Matt Aslett