2021 Big Data Year in Review: Part 1

December 17, 2021

The battle raged on between data warehouses and data lakes.

Old school analytics professionals prefer the predictable performance and relative order of a data warehouse, in particular those running on the cloud, which a 2020 IDG survey found was favored by 77% of decision makers

A new generation of data pros say S3-compatible object stores (or even–gasp!–Hadoop!) provide everything you need. Presto vendors, such as Ahana and Varada, as well as Starburst (Trino) and Dremio support data lakes as well.

2021 had unicorns galore. Dremio hit the $1 billion valuation with a $135 million with a Series D round in early January. Not to be outdone, Starburst announced a $100 million at a $1.2 billion valuation the same day, leading the way among the Presto (and Trino) vendors. Cockroach brought in a $160 million Series E round in January at a $2 billion valuation, making it a database unicorn.

Read the full article here on Datanami.

About Dremio

Dremio reimagines the data lake service to deliver faster time to analytics, eliminating the need for expensive proprietary systems. Dremio eliminates the need to copy and move data to proprietary data warehouses or create cubes, aggregation tables and BI extracts, providing flexibility and control for Data Architects, and self-service for data consumers. Founded in 2015, Dremio is headquartered in Santa Clara, CA. Investors include Cisco Investments, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures, and Sapphire Ventures. For more information, visit www.dremio.com. Connect with Dremio on GitHub, LinkedIn, Twitter, and Facebook.

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