Organizations are often looking to share the data and insight gained through analytics with their end-users as part of their product or service. We benefit from the separation of compute and storage in the Amazon Redshift RA3 nodes because we have workflows that create a significant spike in our compute needs, especially when aggregating historical transaction data.вЂќ вЂњThe scalability and flexibility have been enormously valuable as we scale our analytics capability with a lean team and infrastructure. вЂњWhen we were evaluating data warehouses, we chose Amazon Redshift over Snowflake because of the transparent and predictable pricing,вЂќ says Peter Jamieson, Director of Analytics and Data Science at Poloniex. They evaluated multiple data warehousing options and chose to work with AWS to design a lake house approach by querying and joining data across their Amazon Redshift data warehouse and Amazon Simple Storage Service (Amazon S3) data lake with the Amazon Redshift Spectrum feature. Poloniex, one of the longest standing cryptocurrency trading platforms in the world, distributing hundreds of billions of dollars in cryptoassets, uses AWS to gain insights into how users interact with their platform and how they can improve the customer experience in trading, lending, storing, and distribution. You can further reduce costs on steady state clusters by investing in reserved instances with a 1- or 3-year commitment. If youвЂ™re using clusters intermittently, you can pause and resume on a schedule or manually. For example, you can use concurrency scaling to automatically scale out when the number of queries suddenly spike up, or use elastic resize to scale up and add nodes to make queries run faster. New customers like RA3 because you can size your data warehouse for your core workload and easily scale for spikes in users and data to balance performance and costs. For customers like Poloniex and OpenVault, who are just getting started with Amazon Redshift, we recommend using the new RA3 nodes with managed storage.

Many customers are growing and looking for a cloud data warehouse that can scale with them, easily integrate with other AWS services, and deliver great value. New customers like Poloniex and OpenVault benefit from the flexibility of Amazon Redshift RA3 This makes RA3 a cost-effective option for both steady and diverse data warehouse workloads, gives you room to grow, and maximizes performance. This enables you to scale cost-effectively because you can add more data without increasing compute cost, or add more compute without increasing storage costs. This latest generation of Amazon Redshift is unique because it introduces the ability to independently scale compute and storage with Redshift managed storage, (RMS). More and more customers have gravitated to Amazon Redshift because of continued innovation, including the new generation of Amazon Redshift nodes, RA3 with managed storage. As the world around us responds to changes in every aspect of personal and business life, Amazon Redshift is helping tens of thousands of customers respond with fast and powerful analytics. Use cases range from analytics that help BritainвЂ™s railways run smoothly, to providing insight into the behavior of millions of people learning a new language, playing online games, learning to code, and much more.

The diverse customer base also allows the Amazon Redshift team to continue to innovate with new features and capabilities that deliver the best price performance for any use case. WeвЂ™re proud that Amazon Redshift breaks down cost and accessibility barriers of a data warehouse, so startups and non-profits can realize the same benefits as established enterprises from running analytics at scale with Amazon Redshift.

In this post, we share experiences from customers using Amazon Redshift for the first time, and existing customers upgrading from DS2 (Dense Storage 2) and DC2 (Dense Compute 2) instances to gain improvements in performance and storage capacity for the same or lower costs.ДЇrom startups to global quick service restaurants and major financial institutions, Amazon Redshift customers span across all industries and sizes, including many Fortune 500 companies. Many of our recent engagements have been with customers upgrading to the new instance type, Amazon Redshift RA3 with managed storage.

One of our favorite things about working on Amazon Redshift, the cloud data warehouse service at AWS, is the inspiring stories from customers about how theyвЂ™re using data to gain business insights.

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