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  • Ahana’s Presto cloud offering helps company improve efficiency

Ahana’s Presto cloud offering helps company improve efficiency

Daniel Myers March 6, 2023 8 min read
40
ahana presto 20m third point ventureswiggersventurebeat

Ahana, the leading cloud-native Presto company, announced the launch of Ahana Cloud – their fully-managed service that simplifies the experience of using the open source Presto query engine to analyse data stored in the cloud.

With the launch of their free-tier, they have completed their Series A funding round while delivering an innovative product that can help companies better manage, analyse, and store their data in the cloud.

Ahana takes Presto cloud freemium, tops off series A

Ahana, a leading provider of enterprise cloud solutions, has unveiled a Presto cloud freemium offer that enables organisations to take advantage of its proven analytics platform: Presto. The company’s latest offering helps enterprises improve efficiency and unlock insights from massive data volumes without incurring upfront hardware or software costs.

Ahana’s innovative approach to Cloud and analytics helps companies take full advantage of Apache Presto, an open source distributed SQL query engine and one of the world’s fastest growing big data technologies. This managed service allows customers to quickly scale their data infrastructure for analysis to get the insights they need and provide more resilient, cost-effective analytic solutions into production faster.

Ahana supports companies on their journey to the “single pane of glass” for analytics in the public cloud by providing capabilities that span from discovering progressions in their customers’ data through predictive applications driving business objectives. With this product offering, Ahana can bring all aspects of customer analytics onto one platform, ensuring visibility into every touchpoint and unlocking a fuller picture of customer engagement than previously possible.

The launch of Ahana’s Presto cloud freemium marks a significant milestone for the company as it continues its series A financing round to expand its innovative platform offerings across multiple public clouds enabling true multi-cloud flexibility.

Benefits of Ahana’s Presto cloud offering

Ahana’s Presto cloud offering allows companies of all sizes to quickly and cost-effectively process massive amounts of data. In addition, Ahana’s cloud offering helps organisations leverage powerful AI for data-driven insights and gain critical, real-time business intelligence that can be applied during decision making.

Ahana’s Presto cloud platform takes advantage of the latest technology advancements, including the Presto open source distributed SQL engine coupled with a managed service model in a reliable, secure, high-performing cloud environment. By leveraging the Presto cloud engine, organisations can dramatically increase efficiency in their data processing operations, reducing costs associated with managing on-premise infrastructure and benefiting from an elastic scaling model that allows them to scale out as needed.

Additionally, utilising Ahana’s scalable architecture based on industry best practices with pre-installed software packages, users can further reduce deployment time while enjoying automatic system updates and optimised resource utilisation. Ahana’s service also offers users access to support and expertise with its team of seasoned professionals ready to provide around-the-clock guidance on any query related issues or other technical questions.

With its release of a new freemium version built on top of their already successful series A funding rounds, companies now have access to convenience like never before when it comes to taking advantage of this cutting edge technology without having to spend any upfront capital expenses or subscription costs. By investing in Ahana’s Presto cloud offering, companies can make quicker decisions at lower costs while increasing overall productivity in their organisation.

ahana presto 20m series third ventureswiggersventurebeat

Ahana’s Presto cloud offering features

Ahana recently unveiled a cloud offering for Presto that helps companies take efficient analytical data modelling to the next level. Now available in freemium, this cloud offering is the latest offering in a series of product launches that have led to Ahana’s successful series A funding.

Let’s explore the features of this cloud offering and see what it has to offer.

Automation of data processing

Automation of data processing is an important feature included in Ahana’s Presto cloud offering, enabling companies to quickly and efficiently process data. For example, with the Ahana Cloud Console, customers can launch Amazon Web Services (AWS) clusters or bring their existing on-premises Presto clusters to the cloud and instantly process large amounts of data within minutes.

Companies can use innovative features such as automated scaling, failover protection, and dynamic performance adjustments according to customer need. Moreover, customers with existing Presto clusters can migrate their workloads from those clusters to the cloud with a few clicks due to built-in integration through Ahana’s migration service. Additionally, customers can quickly add new nodes for processing their workloads which the Ahana Cloud Console automatically manages for optimization and scalability purposes.

All these features make it easy for organisations to manage their resources better to increase productivity and quickly obtain valuable insights from their data.

Improved scalability

Ahana’s Presto cloud offering helps companies improve their scalability. With its easy-to-use platform, customers can scale Presto clusters up and down with just a few clicks. This makes it easier to quickly take advantage of favourable market conditions and respond to any workload spikes swiftly and efficiently.

The platform also supports auto-scaling, allowing customers to use resources only when needed and save money in the long run by eliminating waste. Additionally, customers can run multiple versions of Presto in parallel on the same cluster, making upgrading or downgrading Presto versions a breeze and greatly improving agility.

Enhanced security

Ahana’s Presto cloud offering includes powerful security features to protect customer data from attempted breaches. Advanced encryption and authentication methods are used to protect data transfer and storage. When signing in to Presto cloud accounts, multi-factor authentication is also available for additional security.

Additionally, the application whitelisting feature enables administrators to ensure that only trusted applications can perform computation on their Presto cluster. Finally, Ahana provides detailed security logging for more comprehensive insight into user activities enabling quicker response times and greater governance control.

Ahana’s Presto cloud offering pricing

Ahana recently announced a Presto cloud offering available on a freemium model. This platform provides customers a cost-effective and seamless way to run distributed queries on data lakes and warehouses.

Ahana also recently closed a Series A round of funding which will help them continue to develop their Presto cloud offering. Let’s take a closer look at how the pricing works.

presto 20m third ventureswiggersventurebeat

Freemium model

Ahana’s is pleased to offer the Presto cloud in a free freemium tier. Companies can begin with the standard free tier, which gives access to Ahana’s features and benefits. This tier provides access to core elements, such as the ability for companies to store and query data, monitoring jobs and running interactive queries.

For larger companies needing additional storage resources, or if they would like other premium features or dedicated support, they can upgrade to one of Ahana’s paid tiers.

The first paid tier—the Basic Plan—provides 10 times more storage resources than the Freemium plan while providing easy self-serve upgrades such as additional compute resources. The Premium Plan includes enhanced support options such as direct access to engineers and priority support. Finally, those seeking a fully customizable solution can leverage Ahana’s high availability feature or custom code their deployment with Enterprise Plan.

By upgrading plans, companies are given expanding levels of control over their architecture configuration and access to more specialised customer service assistance for every part of their journey in data exploration, it also enables companies to stay agile and cost effective when it comes from data exploration needs.

Subscription-based model

Ahana takes a subscription-based model for selling its Presto cloud offering to businesses. Customers only pay for what they use every month and don’t need to commit to long-term contracts. Thus, customers enjoy more flexibility in their budgets and have access to the latest technology available.

The subscription model allows customers to pay monthly, based on the resources they use. This includes access to Presto cloud services such as code optimization, query monitoring, performance analysis, and more. Ahana also provides an extensive set of managed services which can be added for an additional fee. These include consultation on cloud architecture best practices for customers and migration support for moving existing workloads onto their platform.

At the same time, Ahana implements a tiered pricing structure based on resource utilisation across three categories – Small Scale Cloud (SSC), Medium Scale Cloud (MSC), and Large Scale Cloud (LSC). This allows businesses to pick the right solution depending on their resource demands while ensuring they pay no more than required monthly. In addition, Ahana offers discounts when multiple services are subscribed under a single account or when paying annually instead of monthly. These features make it easier for companies to take advantage of cloud technologies while keeping their costs in check.

These features make it easier for companies to take advantage of cloud technologies while keeping their costs in check

Ahana’s Presto cloud offering Series A funding

Ahana, the open-source cloud-native analytics platform, has announced that it has closed a Series A funding round, topped off by a $20 million investment from a strategic investor. This new investment enables Ahana to become the first Presto-as-a-Service platform to offer a free tier of its cloud solutions, enabling customers to quickly get started and expand.

Let’s take a closer look at the Ahana Presto cloud offering, and what this new series A funding means for clients.

presto 20m series ventureswiggersventurebeat

Overview of Series A funding

Series A funding is the first major venture capital (VC) funding stage. It represents an investment intended to help fuel the growth and expansion of a startup that has shown initial market traction and product validation, typically through a Seed round or accelerator program. This financing round will typically come after a company has been operating for at least one year. During that time, it generated significant traction, acquired customers and income, identified a scalable business model, and built its leadership team.

Ahana’s Presto cloud offering – in the form of their large set of free tools and tools available for purchase – had received positive market feedback from existing customers and some early investor interest. To accelerate its growth trajectory, Ahana took advantage of series A funding to top-off their development efforts on Presto cloud freemium offerings. This additional financing allowed Ahana to further invest in creating advanced features within the product and increase recruitment efforts related to product management, marketing, sales and customer success roles.

Impact of Series A funding

The Series A funding provided to Ahana’s Presto cloud offering has allowed the company to develop its freemium service and take it to the next level. This is an important step towards achieving its mission of helping companies with analytics speeds and improved efficiency.

The series A funding will help Ahana invest further in new technologies and provide superior customer support. This can include upgrades for customers like more affordable payments, easier software migration, better quality services and insights into user statistics tailored specifically for their businesses.

As a result, customers of Ahana’s Presto cloud offering can enjoy a faster process in getting their projects off the ground with minimal risk involved due to the Series A funding injection which provides financial stability. Furthermore, the additional funds have enabled Ahana to advance their freemium model with features such as real-time streaming analytics and improved scalability. This further opens up new possibilities for businesses looking to gain insights from their data while allowing them to simultaneously improve their efficiency and productivity.

tags = Ahana, Presto cloud freemium,, fully managed service, Presto, Amazon Web Services, Liberty Global Ventures, ahana presto third ventureswiggersventurebeat, Steven Mih, Ahana Cloud

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