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Latest Trends Listing Page

In-Memory Analytics

In-memory analytics is an emerging trend, which enables the analytics to be performed in RAM, therefore avoiding the need for time-consuming hard-disk i/o tasks. This has a trememndous potential of quantum jump in BI performance.
 
This page of 'Latest Trends' is linked to:  BI business intelligence end-to-end view, Data Analysis/OLAP, BI platform Tools Evaluation,

In-memory analytics is another hot-trend existing in the business intelligence arena. Broadly, this means that the entire reference data for running your queries, exists in the RAM and not on the hard-disk. The main bottle-neck for the Business Intelligence performance has been the time taken to access the hard-disk and I/O activities. With in-memory analytics, this barrier is overcome to a great extent.

In-memory analytics trend is catching up in line with the advancement and cost-reduction in hard-ware technology:
  • Whereas a single 32 bit CPU can manage only 2-3 GB data in RAM, a 64 bit CPU can manage over 100GB.
  • The cost of RAM has moved down significantly.
    • High-availability environments. You can have your OLAP server operating without fail in RAM.

    The In-memory analytics have the following benefits:

    • Faster response time. RAM access speeds can be million times faster than that of a hard-disk. Unlike a hard-disk where the access is done through memory blocks, in RAM the access can be done to a specific point.
    • Consistent response time: Due to faster access speeds, the response time between "light"and "heavy" query is not significant. In RAM it does not make much difference if a query has to access 10 or 100 tables.
    • Less data-size is required for storing the same data. The reason is that for in-memory analytics you don't need to have too much pre-calculated or pre-aggregated data. The pre-calculation and pre-aggregation is done to reduce the data access time taken for a disk-based system. With RAM instant access capability, one need not create huge indexes and pre-calculations. In RAM one can afford to have entire table scans almost instantaneously.
    • Reduced development and performance tuning effort : For hard-disk based analytics, Business Intelligence designs spend huge time in terms of deciding the balance between the data size v/s the response time improvements. A lot of effort goes into allocating the caching space and also how to manage caching across the application servers and database layer. While RAM level caching (maintaining the data in RAM till it is overwritten by the new data) is almost automatic for major DBMS solution, but allocation of RAM cache across application severs and DBMS layer is still managed manually.

    Some examples of in-memoery analytics are:

    • SAP Business Intelligence Accelerator and Applix TM1.
    • TM1 Applix.
    • Qlikview from Qlik Tech.
    • Panoratio.

    Current market penetration of in-memory analytics has been from 1 to 5% of the total market. This share is bound to rise fast.


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 → Business Intelligence Competency Centre (BICC) →  → Business Intelligence is more of a business and HR challenge, rather than a →  → Master Data Management →  → There are challenges around building end-to-end business intelligence (Survey →  → Major Software AG Customer Survey Reveals New Priorities for Legacy Systems →  → Many Operational Metrics Do Not Optimize Corporate Profitability →  → The Business Intelligence Payoff is Here, Reveals Business Week/Knightsbridge →  → There is a Growing Demand for Live Reporting in the Real-Time Enterprise (July →  → Ability to Mine Data Major Roadblock →  → Ipedo and ebizQ: EII Survey (March, 2006) →  → Data Quality Survey Results from Harte-Hanks Trillium Software →  → Gartner Survey Shows Disconnect Between BI Vision and Strategy →  → Information Quality - Strategies for Achieving Desired Results →  → Big ERP/database apps players acquiring independent Business Intelligence apps- Possible impacts →  → Business Intelligence through SaaS (Software as a Service) →  → Enterprise Search in Business Intelligence- Very nascent but huge promise →  → Out-Sourcing of Data Analytics →  → Latest Trend Series- Embedded BI- Overall Trend →  → Service Oriented Architecture (SOA) Enabled Business Intelligence → 
 
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Relevant links to this page
Business Intelligence Competency Centre (BICC)
Business Intelligence is more of a business and HR challenge, rather than a
Master Data Management
There are challenges around building end-to-end business intelligence (Survey
Major Software AG Customer Survey Reveals New Priorities for Legacy Systems
Many Operational Metrics Do Not Optimize Corporate Profitability
The Business Intelligence Payoff is Here, Reveals Business Week/Knightsbridge
There is a Growing Demand for Live Reporting in the Real-Time Enterprise (July
Ability to Mine Data Major Roadblock
Ipedo and ebizQ: EII Survey (March, 2006)
Data Quality Survey Results from Harte-Hanks Trillium Software
Gartner Survey Shows Disconnect Between BI Vision and Strategy
Information Quality - Strategies for Achieving Desired Results
Big ERP/database apps players acquiring independent Business Intelligence apps- Possible impacts
Business Intelligence through SaaS (Software as a Service)
Enterprise Search in Business Intelligence- Very nascent but huge promise
Out-Sourcing of Data Analytics
Latest Trend Series- Embedded BI- Overall Trend
Service Oriented Architecture (SOA) Enabled Business Intelligence
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