By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    construction analytics
    5 Benefits of Analytics to Manage Commercial Construction
    5 Min Read
    benefits of data analytics for financial industry
    Fascinating Changes Data Analytics Brings to Finance
    7 Min Read
    analyzing big data for its quality and value
    Use this Strategic Approach to Maximize Your Data’s Value
    6 Min Read
    data-driven seo for product pages
    6 Tips for Using Data Analytics for Product Page SEO
    11 Min Read
    big data analytics in business
    5 Ways to Utilize Data Analytics to Grow Your Business
    6 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: In-Memory Analytics Tools To Take Center Stage In 2012
Share
Notification Show More
Latest News
cloud-centric companies using network relocation
Cloud-Centric Companies Discover Benefits & Pitfalls of Network Relocation
Cloud Computing
construction analytics
5 Benefits of Analytics to Manage Commercial Construction
Analytics
database compliance guide
Four Strategies For Effective Database Compliance
Data Management
Digital Security From Weaponized AI
Fortifying Enterprise Digital Security Against Hackers Weaponizing AI
Security
DevOps on cloud
Optimizing Cost with DevOps on the Cloud
Cloud Computing Development Exclusive IT
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Mining > In-Memory Analytics Tools To Take Center Stage In 2012
AnalyticsData Mining

In-Memory Analytics Tools To Take Center Stage In 2012

Brett Stupakevich
Last updated: 2012/02/10 at 12:46 PM
Brett Stupakevich
4 Min Read
SHARE
- Advertisement -

speed 150x150 photo (advanced analytics)To play off one of the quotes uttered in the 1986 Tom Cruise blockbuster “Top Gun,” “I feel the need . . . the need for speed.” And when it comes to in-memory analytics, that’s the name of the game.

speed 150x150 photo (advanced analytics)To play off one of the quotes uttered in the 1986 Tom Cruise blockbuster “Top Gun,” “I feel the need . . . the need for speed.” And when it comes to in-memory analytics, that’s the name of the game. According to Cindi Howson (@biscorecard), In-memory technology remained prominent in 2011 and will continue to capture our full attention in 2012, with its ability to provide speed-of-thought analysis on ever-increasing amounts of data.

- Advertisement -

Of course, as Forrester Research’s Boris Evelson (@bevelson) posts in a blog on the topic, not all in-memory analytics tools are created equal. Although Evelson’s blog dates back to Sept. 2010, the words continue to hold true today. As he notes, there are distinct differences between in-memory indexes, in-memory OLAP, in-memory ROLAP, and other approaches.

As Evelson further notes, while there are a raft of commodity features worth comparing, such as data integration and portal integration, it’s also important to evaluate the different features that various tools tout. These include compression ratios for in-memory data tools as well as load speeds plus the ability to combine advanced analytics with traditional BI reporting and analysis.

More Read

decision management

Decision Management and In-Memory Technology

SAP’s New Fraud Management Analytical Application
Big Data Analytics: The Four Pillars
Real Real-Time Analytics

Indeed, such attributes are critical differentiators for data scientists who are looking to leverage the full strengths of in-memory analytics tools. For instance, in-memory analytics tools that are able to load more data into memory make it possible for users to manipulate more data that’s stored in memory. And because in-memory analytics tools work off the server’s memory, report generation doesn’t require network access or disk I/O.

In turn, this helps to enhance speed and time to market for different applications or other actions being taken by decision makers (e.g. identifying and then filling the demand for a product among a particular customer segment or geography).

In-memory analytics tools that are able to concentrate more data on a limited or fixed amount of hardware are ultimately able to provide more bang for the buck.

- Advertisement -

A cio.com article on the topic offers the following rhetorical example: a retailer is able to monitor a customer’s real-time behavior while in a store or on a web site and draw on historical data from its loyalty system regarding the customer’s spending patterns in order to come up with relevant offers that the customer may respond to at that moment.

As the cio.com article points out, the concept of running databases is nothing new. But given plunging memory prices, combined with the added pressure of having to beat competitors to market in today’s real-time business environment, doesn’t it make sense for companies to take advantage of all the technological and business opportunities that are available to them?

Next Steps

You can learn more about how in-memory analytics works here. You can also subscribe to our blog to stay informed on In-Memory Processing and other data analytics topics.

- Advertisement -
TAGGED: in-memory analytics
Brett Stupakevich February 10, 2012
Share this Article
Facebook Twitter Pinterest LinkedIn
Share
- Advertisement -

Follow us on Facebook

Latest News

cloud-centric companies using network relocation
Cloud-Centric Companies Discover Benefits & Pitfalls of Network Relocation
Cloud Computing
construction analytics
5 Benefits of Analytics to Manage Commercial Construction
Analytics
database compliance guide
Four Strategies For Effective Database Compliance
Data Management
Digital Security From Weaponized AI
Fortifying Enterprise Digital Security Against Hackers Weaponizing AI
Security

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

decision management
AnalyticsBig DataBusiness IntelligenceDecision Management

Decision Management and In-Memory Technology

3 Min Read

SAP’s New Fraud Management Analytical Application

12 Min Read

Big Data Analytics: The Four Pillars

9 Min Read

Real Real-Time Analytics

2 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Analytics Big Data Chatbots Exclusive
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?