TechNavio recognizes the following companies as the key players in the Global In-memory Computing Market: SAP AG, Oracle Corp., IBM Corp., and Qliktech Inc.
Commenting on the report, an analyst from TechNavio’s 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. Hence, the increasing adoption of in-memory computing by SMEs is driving the growth of this market.”
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-based solutions. During the deployment of SaaS-based in-memory computing technology, the data resides in the cloud servers of vendors, increasing security concerns.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-memory-computing-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report – Global In-memory Computing Market 2014-2018
