http://docs.aws.amazon.com/redshift/latest/dg/c-getting-started-using-spectrum-query-s3-data.html
Dabbling with Redshift Spectrum
Amazon Redshift uses massively parallel processing (MPP) to achieve fast execution of complex queries operating on large amounts of data. Redshift Spectrum extends the same principle to query external data, using multiple Redshift Spectrum instances as needed to scan files. Place the files in a separate folder for each table.