parquet is a binary data format created in 2014 by Doug Cutting and Julien Le Dem.
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Apache Parquet is a free and open-source column-oriented data storage format in the Apache Hadoop ecosystem. It is similar to RCFile and ORC, the other columnar-storage file formats in Hadoop, and is compatible with most of the data processing frameworks around Hadoop. It provides efficient data compression and encoding schemes with enhanced performance to handle complex data in bulk.. Read more on Wikipedia...