The world of technology is currently abuzz with claims of value around “in-memory” technology. By working with data stored in RAM for processing, instead of a traditional database, from which data much be retrieved, in-memory technology can greatly speed up an application, offering great promise for a variety of applications, from data visualization to optimizing financial algorithms.
SAP and Oracle recently made waves with their blood feud around SAP chairman Hasso Plattner’s plans to remake SAP using its SAP HANA, its new in-memory information processing platform. Larry Ellison went so far as to call the idea “whacko” in the pages of the Wall Street Journal. Oracle recently released its own in-memory assault, the Exalytics In-Memory Machine. SAP latest earnings report, which showed SAP HANA sales of more than $200 million in 2011, indicates that customers are eager to put in-memory technology to work.
Anthony Deighton, QlikView CTO and Senior Vice President, Products