Apache Hive 3 introduces new capabilities for data analytics including materialized views, default columns, constraints, and improved JDBC and Kafka connectors to enable real-time streaming and integration with external systems like Druid; Hive 3 also improves performance and query optimization through a new query result cache, workload management, and cloud storage optimizations. Data Analytics Studio provides self-service analytics on top of Hive 3 through a visual interface to optimize queries, monitor performance, and manage data lifecycles.