SAN MATEO, CA – August 12, 2020 — /BackupReview.info/ — Alluxio, the developer of open source cloud data orchestration system, today announced it has closed 1H 2020 with sales growth of more than 650% over 1H 2019. Alluxio demonstrated continued market strength and leadership in financial services, high tech, telecom, internet, gaming and ecommerce across North America, Asia and Europe.
“2020 has been an unprecedented year as organizations adjusted their priorities to emphasize cost saving and infrastructure modernization to prepare for future growth. For data & AI teams, a key solution is adopting a cloud / hybrid cloud strategy and Alluxio has become a critical element for that by bringing cost savings, speed and agility to data analytics and AI infrastructures,” said Haoyuan (H.Y.) Li, Founder and CEO, Alluxio, “Today, I am very proud to share that we closed the first half of the year with 650% revenue growth over the same period last year. This could not have been achieved without the strong commitment of our customers, partners and the vibrant Alluxio community. Marching into the second half, we will continue to make further investments to build a stronger data orchestration system bringing more cost savings, efficiency and agility for our customer’s data driven workloads (Spark, Presto, TensorFlow, PyTorch) in cloud and hybrid cloud environments.”
Continuing Customer Success and New Customer Wins
Alluxio continues to attract new customers and expand existing customer deployments around the globe. Recent notable additions and success stories include: Alibaba, Aunalytics, Datasapiens, EA, Nielsen, Playtika, Roblox, Ryte, Tencent, VIPShop, Walmart, Walkme and WeRide.
Derek Tan, Executive Director of Infra & Simulation at WeRide, said, “WeRide uses Alluxio as a hybrid cloud data gateway for applications on-premises to access public cloud storage like AWS S3. The new data access architecture provides a localized cache per location to eliminate redundant requests to S3. As a result, we reduced the complexity of data synchronization by having a single interface to access data and removed the need to maintain a custom locally copy; reduced S3 data-out cost of downloading redundant data; gained fast access to data to boost engineering productivity; and now have an in-office cache of the cloud data.”
Honghan Tian, Sr. Infrastructure Architect, Data Service Center (DSC) at Tencent PCG (Platform and Content Business Group) leverages Alluxio to optimize the analytics performance and minimize the operating costs in building Tencent Beacon Growing, a real-time data analytics platform. He explained, “In our project “Beacon Growing,” we have deployed Alluxio to improve Impala performance by 2.44x for IO intensive queries and 1.20x for all queries. The query failure rate due to timeout is also reduced by 29%. In the future, we foresee it can reduce disk utilization by over 20% for our planned elastic computing on Impala.”
New Advancements for the Alluxio Data Orchestration Platform
The latest release of Alluxio, version 2.3, shipped in June. It focuses on streamlining the user experience in hybrid cloud deployments where Alluxio is deployed with compute in the cloud to access data on-prem. Specific new features include:
Open Source Community Contributions
The Facebook Presto team has been collaborating with Alluxio on an open source data caching solution for Presto. This is required for multiple Facebook use-cases to improve query latency for queries that scan data from remote sources such as HDFS. In early experiments, significant improvements in query latencies and IO scans have been observed.
Product Accolades and Industry Recognition
Received numerous new editorial and readership awards, including:
Supporting Resources
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About Alluxio
Proven at global web scale in production for modern data services, Alluxio is the developer of open source data orchestration software for the cloud. Alluxio moves data closer to big data and machine learning compute frameworks in any cloud across clusters, regions, clouds and countries, providing memory-speed data access to files and objects. Intelligent data tiering and data management deliver consistent high performance to customers in financial services, high tech, retail and telecommunications. Alluxio is in production use today at seven out of the top ten internet companies. Venture-backed by Andreessen Horowitz and Seven Seas Partners, Alluxio was founded at UC Berkeley’s AMPLab by the creators of the Tachyon open source project. For more information, contact info@alluxio.com or follow us on LinkedIn, or Twitter.
Media Contact:
Beth Winkowski
Winkowski Public Relations, LLC for Alluxio
978-649-7189
beth@alluxio.com
Source: Alluxio
Tags: Alluxio
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