Global in-Memory OLAP Database Market to Grow at a CAGR of 24.95% During 2016-2020 - Altibase, IBM, Microsoft, Oracle, SAP SE
The in-memory database is one of the subcomponents of IMDM, the other subcomponent being in-memory data grid (IMDG). IMDM and in-memory application platform (IMAP) are the components of in-memory computing (IMC), which form the base of this technology. The primary purpose of in-memory processing technology is to enable real-time analyses and allow organizations to store data in RAM rather than in traditional disk storages, which reduces their operational costs.
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