What’s your unified caching strategy? The world’s most successful digital businesses have a holistic strategy for data caching. Are you missing out?
Data caching is an essential component of any modern business infrastructure, providing faster access to data and improving performance across the board. The largest digital businesses in the world implement sophisticated caching architectures as a differentiator to deliver superior end user experiences and cost optimized data infrastructure at scale. A few of the well-documented examples include Meta’s CacheLib engine, Twitter’s unified caching platform Pelikan, Netflix’s EVCache and Snap’s acquisition last year of the KeyDB caching engine. So what do these digital giants know that causes them to invest so heavily in their own caching platforms?
It’s simple: if implemented correctly, unified data caching makes your cloud architecture easier to scale up/down, more resilient against failure, faster, and cheaper.
The business benefits of caching
Caching your centralized cloud data stores, including transactional databases, data warehouses, feature stores, data lakes, and more can improve customer experience, increase revenue, and reduce cloud infrastructure costs. A rare triple win.
Delivering modern applications is a critical and highly technical part of long term business success for almost every company in today’s digital age. Whether you are a small business with a hundred customers or a large business with a million, your customers expect to interact with you, your digital products, and your services in near real time. Things that in the past may not have been business critical now are. The businesses that are able to deliver on immediacy thrive and those that can’t wither.
Storing data in a lower-cost but highly performant data layer, like an in-memory cache, can be the difference between serving your customers or not. And it saves money as you can have a smaller database by isolating your database to serve only the most critical tasks while your cache does the heavy lifting.
Be Intentional?
Unfortunately data caching has too often remained an overlooked implementation detail and historically most businesses have not taken a unified, holistic, or strategic approach to data caching. Instead many legacy architectures took a fairly haphazard approach to caching where one application had some Redis over here, another app had some memcached over there, and then the different teams using Redis didn’t even compare notes or implement the same best operational practices across business units.
Luckily this is changing rapidly. The Momento team has had strategic data caching discussions with over 200 businesses over the past 14 months and we are seeing a marked shift among cloud customers over the past 9 months where more and more are beginning to realize that by taking an intentional and unified approach to data caching they can deliver significant cloud infrastructure cost optimization and end user experience improvement to their business.
One of our customers, CBS Interactive, noted in Momento’s launch coverage that when they run a database without caching it requires 16 database nodes, but with data caching it’s reduced to only four database nodes. That 75% reduction of database footprint is material savings. And they improve their customer experience in the process.
To grab these same benefits, cloud customers should be creating a unified approach to their data caching that includes a defined caching platform and set of architectural best practices that minimizes operations and delivers consistent scalability, performance and availability.??
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Putting it within reach…finally
A few of the reasons that cloud customers have not taken a more strategic approach to data caching in the past is that the legacy managed services for memcached and Redis are operationally intensive and complex. They are rough substrates on top of which users have to tackle their own implementation of maintaining high cache hit rates, minimizing tail latencies, juggling hot keys or hot partitions, failovers for weekly maintenance windows, manual scale up/down, and dealing with cache invalidations. It quickly becomes apparent that to do it well you need to have a team of caching experts handling these tasks and ensuring that introducing caching in your architecture does not result in unacceptable operational risk. It’s no wonder that sophisticated caching was previously the exclusive domain of internet giants with multi-billion dollar IT budgets like Meta and Netflix who could have such dedicated, highly skilled caching teams.
Putting the power of data caching into the hands of every developer is why we built Momento Cache. It’s designed as an API-driven serverless managed service for any scale that is both powerful and simple to operate. It can scale from a few transactions per second to a few million and takes care of maintaining cache hit rates, managing hotkeys, minimizing tail latencies, and all of the other operational muck. Now developers can add a data caching layer with a few lines of code and then get on with building great applications. Our goal is to make the business benefits of caching easily accessible to anyone running in the AWS or GCP clouds.?
For example, Saturn, a hyper growth social network with a highly competent but very lean backend engineering team, had virtually given up on data caching as a common practice due to the operational complexity and cost of operating fixed Redis clusters. However, with Momento Cache, their team has once again unlocked the benefits of data caching for their PostgreSQL databases. Best summarized by a quote by one of their lead backend engineers:
“It was a whirlwind from dev to prod, and Momento blew us away! Faster, scalable, and half the price of our old cache fleet—all integrated in just one week. Now, Momento powers our requests and sits between our API layer (Amazon EKS) and Amazon Aurora PostgreSQL database. I am still in disbelief!” -Cornelle Janse van Rensburg, Software Engineer, Saturn.
Charting your course?
From those hundreds of data caching customer conversations we’ve had over the past year plus, a few key patterns have emerged in the practical steps taken by businesses getting strategic about their data caching to inform your own path to these benefits:
Ready to get started?
If you’re ready to take a more purposeful and holistic approach to data caching, Momento Solution Architects are ready to help you start learning how Momento Cache can make accessible what was previously only possible at world’s largest internet giants.
Don’t miss out on the benefits that those taking an intentional approach to caching are already reaping. Reach out today.