Finding the data you want in seconds is now a key business success factor. Not only does it speed up operational and strategic decision-making, it also streamlines business processes. With conventional systems and hard disk-based storage, analysis can take days or even weeks, but with in-memory technology, the information is there almost as soon as you ask for it.
In-memory technology is based on an innovative method of storing and managing data. All data is kept in a server’s main memory, eliminating time-consuming access to hard-drive systems. Database technologies with column-based indexing and a hybrid data model using row- and column-based storage are employed. This leads to data compression and significantly improves analysis capabilities. The bottom line is the performance of transactional and analytical processes can be increased significantly.
Real-time access to all relevant information promises faster responses to changing market requirements. The provision of information in real time raises the prospect of new business processes, which in turn can form the basis for new business models. Fast access times to relevant information thanks to real-time data makes it possible for companies to respond more quickly to market changes and grants them a more comprehensive view of their customers through cross-selling and stated-preference analyses. With real-time information, companies can become proactive in critical situations—instead of just reacting to market forces.
High-performance Business Intelligence (BI) solutions can be deployed to provide easy access to real-time information and support governance, risk and compliance requirements. For example, they can be implemented on SAP HANA appliances to allow the enterprise to swiftly analyze information.
The deployment of appliance solutions that combine analysis software with specially tailored and optimized hardware enable substantially faster analyses. Traditional enterprise BI systems save data to hard disk and have to reload that data to the working memory for processing—that alone takes time, not to mention the additional time required to evaluate and utilize the data.
With in-memory computing, the data is kept directly in the working memory, enabling high-performance BI. For more information, go to the T-Systems High-Performance Business Intelligence page. You can also download the In-Memory Assessment that can help you identify and prioritize opportunities to cut costs and improve your BI infrastructure by using in-memory technology.