Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Ahana Cofounders Make 2023 Data Predictions

PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
December 19, 2022 GMT

SAN MATEO, Calif., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Ahana’s Cofounder and Chief Executive Officer, Steven Mih and Cofounder and Chief Technology Officer, Dave Simmon predict major developments in cloud, data analytics, open lakehouses and open source in 2023.

Steven Mih, Cofounder and CEO, outlines the major trends he sees on the horizon in 2023:

  • End user experience becomes a top priority: As deep integrations of data platforms become standard, the reduced complexity will usher a focus on end user experience. The data platform will become abstracted even further to end users. Instead of worrying about the underlying engines and data structures, end users will be able to easily and seamlessly leverage powerful underlying engines for interactive, batch, real-time, streaming and ML workloads.

  • Industry accepted open lakehouse stacks will emerge: As the market further chooses open options for table formats, compute engines and interfaces, the Lakehouse version of the LAMP stack will emerge. Linux Foundation and Apache Software Foundation projects will constitute those components.

  • Open source SaaS market will shift toward open source managed services: As data and analytics workloads proliferate in the public cloud accounts, and as IT departments demand more control of their own data and applications, we’ll see the adoption of more cloud native managed services instead of full SaaS solutions.

  • Public cloud providers will make huge investments into open source software, and make more contributions back to the community: In the past cloud vendors have been accused of strip-mining OSS software projects. Cloud vendors will go on the “offensive” by contributing to open source more aggressively and even donating their own projects to open source communities.

  • SQL workloads will explode as more NLP (Natural Language Processing) and other Machine Learning (ML) applications generate SQL: While data analysts and scientists continue to uncover insights using SQL, increasingly we’ll see apps that “speak SQL” drive a large portion of the analytical compute. Natural Language Processing (NLP) applications both enable citizen data analysts and demand more compute on data platforms. Similarly, ML applications can dig into datasets in new ways which will blow through today’s level of demand for analytic compute. SQL is not only the ‘lingua franca’ of data analysis, SQL is the ‘lingua franca’ of ML and NLP too.

Dave Simmon, Co-founder and CTO, outlines a major trend he sees on the horizon in 2023:

  • Open lakehouse will more effectively augment the proprietary cloud enterprise data warehouse: As the architectural paradigm shift toward the lakehouse continues forward, the disaggregated stack will become more fully-featured data management systems from disjointed components evolving into cohesive stacks that include metadata, security and transactions.

Tweet this: @AhanaIO announces 2023 #Data Predictions #cloud #opensource #analytics

About Ahana

Ahana is the only SaaS for Presto on AWS with the vision to be the SQL engine for the Open Data Lakehouse. Presto, the open source project created by Meta and used at Uber, Twitter and thousands more, is the de facto standard for fast SQL processing on data lakes. Ahana Cloud delivers the easiest Presto SaaS and enables data platform teams to provide high performance SQL analytics on their S3 data lakes and other data sources. As a leading member of the Presto community and Linux Foundation’s Presto Foundation, Ahana is also focused on fostering growth and evangelizing open source Presto. Founded in 2020, Ahana is headquartered in San Mateo, CA and operates as an all-remote company. Investors include GV, Leslie Ventures, Lux Capital, Third Point Ventures, and Liberty Global Ventures. Follow Ahana on LinkedIn, Twitter and Presto Slack.

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