In-Memory Computing to reach $1 billion by 2016
The Gartner Top Technology Trends 2013* states that the in-memory data grid (IMDG) market may still be small, but the decline in costs of flash memory prices, and the maturation of specific software platforms will make In-Memory Computing (IMC) more accessible to companies, promoting fast growth reaching $1 billion by 2016. Massimo Pezzini, Gartner VP said in a recent Gartner press release that companies that do not consider IMC risk being out-innovated by competition. “During the next two to three years, IMC will become a key element in the strategy of organizations focused on improving effectiveness and business growth.”
SAP is betting high on the IMC market, having reported brain child SAP HANA as the fastest-growing product in the company’s history. With it, organizations can explore and analyze vast quantities of data from virtually any data source at the speed of thought, being on top of changing business realities as events unfold.
*Gartner report Top Technology Trends, 2013: In-Memory Computing Aims at Mainstream Adoption”, January 2013