Pros and Cons: In-Memory Computing. ✓ Is In-Memory Computing Ready for the Mainstream? ✓ It can help you make a Decision on Adopting IMC.
What is In-Memory Computing?
In-Memory Computing is an exciting new technology paradigm that can be potentially transformative across industries, and while there’s no truth to the perceptions that In-Memory is simply too expensive or that it can only provide incremental benefits, the reality is that the technology as it stands, along with the marketplace, is still somewhat fragmented.
There are six different technology classes for In-Memory computing, each with its own specific use case, but practitioners will want to be able to plug into their existing IT environment and have the standards be supported by their industry.
IMC becomes most relevant in terms of speed, scale and insight. The ability to move very quickly will be very critical in certain industries, but being able to serve large amounts of customers at once or to be able to analyze large amounts of data easily will also be benefits of In-Memory computing.
Pros of In-Memory Computing
1. Competitive Advantage
2. Transformative Capability
3. In-expensive
Cons of In-Memory Computing
1. Not Plug and Play
2. Lack of Standards
3. Vendor challenges
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Research Nester released a report titled “In-Memory Computing Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the global in-memory computing market in terms of market segmentation by component, application, organization size, vertical and region.Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.The in-memory computing market is projected to grow with a high CAGR during the forecast period, i.e., 2021-2029, on account of the rising analytical and transactional needs of different industrial sectors.The market is segmented by application type into risk management & fraud detection, sentiment analysis, geospatial/GIS processing, sales & marketing optimization, predictive analysis, supply chain management, and others.
Among these segments, the risk management & fraud detection segment is anticipated to hold the largest share due to organizations’ need to focus on improving their risk intelligence skills to fight risk exposures.On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the in-memory computing market in the North America is projected to grow at the highest CAGR throughout the forecast period.
This can be attributed to the growing demand for analytics and advanced analytics platforms by small and medium businesses and government agencies would drive the demand for IMC products.Download Sample of This Strategic Report https://www.researchnester.com/sample-request-2961Exponential Growth of Big Data to Drive the Market GrowthOn the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which the in-memory computing market in North America is projected to grow at the highest CAGR throughout the forecast period.
The growing demand for analytics by various businesses and government agencies would drive the demand for IMC products in the region.This report also provides the existing competitive scenario of some of the key players of the global in-memory computing market which includes company profiling of Microsoft Corporation (NASDAQ: MSFT), Oracle Corporation (NYSE: ORCL), SAS Institute, TIBCO Software Inc., Software AG (ETR: SOW), Fujitsu Limited (TYO: 6702), Workday, Inc. (NASDAQ: WDAY), Teradata Corporation (NYSE: TDC), and Enea AB (STO: ENEA).
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.
On the whole, the report depicts detailed overview of the global in-memory computing market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.The Final Report will cover the impact analysis of COVID-19 on this industry.”Download/Request Sample Copy of Strategic Report: https://www.researchnester.com/sample-request-2961About Research NesterResearch Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties.
According to a new market research report "In-Memory Computing Market by Component (Solutions & Services), Solution (IMDB (OLTP & OLAP), IMDG, and Data Stream Processing), Service, Application (Risk Management & Fraud Detection, Predictive Analysis), Vertical, and Region - Global Forecast to 2025"published by MarketsandMarkets™, the market size to grow from USD 11.4 billion in 2020 to USD 24.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.5% during the forecast period.The major factors driving the growth of the IMC market are the exponential growth of big data to improve machine-driven decision-making, decrease in the overall cost of RAM and TCO, and increase in production in real-time and low-latency transaction processing.
Furthermore, real-time data analysis, growth in the need for parallel processing and columnar databases, and the emergence of AI- and ML-based technologies to gain real-time actionable customer insights are expected to provide opportunities for enterprises operating in various verticals in the IMC market.Browse in-depth TOC on "In-Memory Computing Market”571- Tables54- Figures412- PagesDownload PDF Brochure @https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=820The services segment to record the higher growth rate during the forecast periodOn the basis of components, the IMC market is segmented into solutions and services.
The IMC market is segmented on the basis of applications into risk management and fraud detection, sentiment analysis, geospatial/GIS processing, sales and marketing optimization, predictive analysis, supply chain management, and others (image processing, route optimization, claim processing and modeling, and trade promotion simulations).
IMC solutions can transform an organization by providing many ways of ensuring that they are delivering a consistent quality of service and a secure experience at every customer touchpoint.
Enterprises with limited financial resources and IT experts have started implementing IMC-enabled applications to help non-technical users to quickly perform complex data analysis.
IMC product capabilities are integrated with diverse business applications scattered through different verticals and designed to replenish the unique demands of business segments.North America to hold the largest market size duringthe forecast periodNorth America is expected to hold the largest market size in the global IMC market during the forecast period.
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Htap Enabling In Memory Computing Technologies Market is foreseen to encounter a significant expansion over the figure time span.Key Businesses Segmentation:HTAP-Enabling In-Memory Computing Technologies Market, By Type, Estimates and Forecast 2016-2027Single Node BasedDistributed Systems BasedHybrid Memory Structure BasedHTAP-Enabling In-Memory Computing Technologies Market, By Application, Estimates and Forecast 2016-2027RetailBanksLogisticsOthersHTAP-Enabling In-Memory Computing Technologies Market, By Key Players, Estimates and Forecast 2016-2027GridGainSAPIBMMicrosoftMongoDBDataStaxAerospikeHTAP-Enabling In-Memory Computing Technologies MarketRegional Overview:The report gives an overview of the Htap Enabling In Memory Computing Technologies Market mainly in the regions of North America, Europe, Asia-Pacific, South America and the Middle East and Africa.SAVE UP TO 10% RIGHT NOW!!!
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