Memcached is a free and open-source, high-performance, distributed memory object caching system, intended for speeding up dynamic web applications by alleviating database load.
More About Memcached:
Functionality: Caches data and objects in RAM to reduce the number of times an external data source (like a database or API) must be read.
Use Cases: Commonly used to cache frequently queried data such as database calls, API calls, or page rendering.
Integration: Easily integrates with popular programming languages.
Performance Impact: Significantly improves the response time of data retrieval and application performance.