|[December 17, 2013]
Research and Markets: Global In-memory Computing Market 2014-2018: The Increasing Adoption of In-Memory Computing by SMEs Driving Growth of the Market
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/r3w8qk/global_inmemory)
has announced the addition of the "Global
In-memory Computing Market 2014-2018" report to their offering.
The analysts forecast the Global In-Memory Computing market to grow at a
CAGR of 43.86 percent over the period 2014-2018. One of the key factors
contributing to this market growth is the rapid data explosion in
networks. The Global In-Memory Computing market has also been witnessing
the rise in demand from SMEs. However, the data security issues and lack
of confidence could pose a challenge to the growth of this market.
The key vendors dominating this market space are IBM Corp., Oracle (News - Alert)
Corp., QlikTech Inc., and SAP AG.
Other vendors mentioned in the report are Altibase Corp., GridGain
Systems Inc., Mcrosoft Corp., ScaleOut Software Inc., and Tibco
Commenting on the report, an analyst from the team said: In-memory
computing supports the growth of a company and helps it gain competitive
advantage by streamlining business processes and improving operational
efficiency. In-memory computing is one of the most valuable assets for
SMEs as it involves storing business information in the random access
memory of servers rather than storing information in relational
databases on traditional hard disks. The declining cost of random access
memory and maturing software systems are making it easier for SMEs to
adopt in-memory computing.
According to the report, one of the major drivers is the rapid explosion
of data in enterprise networks, leading to a high demand for in-memory
computing. With huge blocks of data being accessed and computed, the
demand for high-performance computing is increasing considerably.
Further, the report states that data security issues and lack of
confidence constitutes one of the major challenges in this market.
Concern about data security is one of the major challenges confronting
the market. Enterprises are always concerned about data security and
related issues when using in-memory computing applications. This concern
is greater when the tool is installed using SaaS (News - Alert)-based solutions. During
the deployment of SaaS-based in-memory computing technology, the data
resides in the cloud servers of vendors, increasing security concerns.
For more information visit http://www.researchandmarkets.com/research/r3w8qk/global_inmemory
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