Redis has released a new tiered memory option called Redis Flex on its Redis Cloud Essentials, which allows caching of five times more data at the same price. This solution is considered the next generation of Redis's SSD flash memory and Auto Tiering. It offers improved performance with low single-digit millisecond latency and faster response times. Additionally, users can now get a 5GB cache for the price of 1GB, making it more cost-effective. Other updates include improvements to the keys browser, navigation between Redis databases and RDI instances, and enhancements to the UI for adding database connections. A new feature allows testing a connection to a source database while setting up an RDI pipeline.