If you want to develop the right products, you have to keep a close eye on trends: This is the advice of good consultants. IT supports companies to achieve optimal product development by helping them implement new strategies and make business processes more flexible. Analysts also report that, in addition to lower costs, CIOs want to see innovations and tools that increase employee productivity.
Which brings us to in-memory computing, an innovative technology made viable by almost unimaginable improvements in data processing, speed, and volume. Its benefits are breathtaking: It tremendously increases the speed of analyses, makes decision making easier and fact-based, and accelerates business performance while reducing costs. Also, in-memory computing allows users to plan smarter, thus dramatically improving processes such as planning and forecasting in addition to enabling a whole new breed of applications that combine transactions and analytics.
In-memory computing systems do not retrieve business information from traditional databases on hard drives. Instead,they maintain and process it in the system’s main memory.Sophisticated hardware makes this possible: Microchip manufacturers are offering reasonably priced multicore processors that can share the workload. Modern blade servers can support eight or more of these processors, while providing around one terabyte of main memory.
Free download: The current issue of SAP SPECTRUM Issue 2 | 2010.