Presto is an interactive SQL query engine for big data that was originally developed at Facebook in 2012 and open sourced in 2013. It is 10x faster than Hive for interactive queries on large datasets. Presto is highly extensible, supports pluggable backends, ANSI SQL, and complex queries. It uses an in-memory parallel processing architecture with pipelined task execution, data locality, caching, JIT compilation, and SQL optimizations to achieve high performance on large datasets.