In-Memory Database Market Heats Up

In-memory computing got a lot of attention lately – DRAM has been declared a new drive, enabling to analyze terabytes of data in seconds. Servers are upgraded to accommodate more memory. SAP is pushing in-memory computing into ERP/CRM domain. The open-source project RAMCloud of the Stanford research group paves way for platform development by broad community. VoltDB, “a blazingly fast relational database system”, relies on running a database in main memory.

In a new round of the in-memory arms race Oracle announced availability of the latest release of Oracle’s application-tier in-memory database, Oracle TimesTen In-Memory Database 11g Release. Oracle TimesTen In-Memory Database is a full-featured in-memory RDBMS designed to run in the application-tier to provide both rapid transaction response time and high throughput for real-time online transaction processing (OLTP) applications.

A new market study, Worldwide High Performance Computing (HPC) Market Forecast 2015-2020, ranks the in-memory computing technology as one of the fastest growing high performance computing (HPC) market segments.