A very common industry term that you may hear a lot is: In-memory database (IMDB) or technology. In our previous blog In-memory Data we explained what the term In-Memory Database means and in our how to choose a real-time business intelligence software blog, we discussed how to choose a real in-memory business intelligence tool. So one may wonder; what are the advantages of having an in-memory business intelligence tool or database?
Big data Management
In-memory database helps in big data management. IMDB used with applications allow very fast data access, storage and manipulation even in systems that don’t have a disk but have the need to manage large volumes of data.
An important advantage when using an in-memory database system is its real-time embedded systems which are highly resource-constrained, require small memory and CPU footprint. This allows real-time updates that enable businesses to gain access to their data as it happens.
Faster Queries and Reduced IT Costs
An IMDB is one type of analytic database that stores historical data on metrics for business intelligence/business analytic (BI/BA) applications. It is a read-only system that typically stores data as part of a data warehouse, and allows users to run queries on regularly updated information. In-memory database not only facilitates faster query response times, but at the same time, also reduces or totally eliminates the need of data indexing and storing pre-aggregated data in OLAP cubes or aggregate tables. This ability reduces IT costs and allows faster implementation of BI/BA applications.