Global In-Memory Computing Market
Opportunities, and benefits from our connected world are unmatched and numerous like the challenges related to this momentum. Organizations of all sizes continually generate vast amount of data in real-time, IT infrastructures need powerful performance and increasing trend toward using analytics for decision making is exciting.
In-memory processing in this dynamic brings a means of processing at faster speeds. For those who are unfamiliar,
Connectikpeople.co recalls that, Traditional disk-based systems do not offer
timely response due to the high access latency to hard disks.
In-Memory Computing (IMC) primarily relies
on keeping data in a server's Random Access Memory (RAM) as a means of
processing at faster speeds. It especially relates to processing problems that
require extensive access to data analytics, reporting, or data warehousing and
big data applications.
Living henceforth in a data-driven world,
where internet companies have to provide meaningful real-time service (e.g.,
real-time bidding, advertising, and social gaming…) In-memory processing is gaining
popularity due inter alia to: the drop in computer memory prices, exponential
data growth, and an increasing trend toward using analytics for decision
making.
Connectikpeople.co also recalls that, the IMC market benefits from rapid adoption from Banking, Financial
Services, and Insurance (BFSI), IT & telecom, government, and retail.
According to Research and Markets, the global In-Memory Computing (IMC) market is
expected to grow from USD 5.58 billion in 2015 to USD 23.15 billion by 2020, at
a Compound Annual Growth Rate (CAGR) of 32.9%.
Within its recent report, Connectikpeople.co can observe
that, The In-Memory Computing Market is consolidated with
key players such as IBM, Microsoft, SAP SE, Oracle, Altibase, and others. Various
strategies such as new product developments as well as partnerships &
collaborations and business expansions are adopted to cater to the needs of the
IMC market.
