Redis is an in-memory data structure store that can be used as a database, cache, and message broker. It supports strings, hashes, lists, sets, sorted sets with operations like gets, sets, incr, and exploring data structures. Redis also supports transactions, pub/sub, LRU caching, and replication. Common commands provide basic CRUD operations and data structure operations with time complexities from O(1) to O(N+M*log(M)).