C&M: Global market for in-memory computing driven by growth in the rapid data explosion in network
Global In-memory Computing Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-20 14:41:04
The Global In-Memory Computing market is to grow at a CAGR of 43.86 percent over the period 2014-2018. One of the key factors contributing to this market growth is the rapid data explosion in networks. The Global In-Memory Computing market has also been witnessing the rise in demand from SMEs. However, the data security issues and lack of confidence could pose a challenge to the growth of this market.
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.
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