In-memory analytics is referred to as an analytical platform in which users run queries and interact with the data stored in the main memory instead of the hard disk. This approach facilitates faster query response, high performance, reduced operational costs, and encourages self-service analytics. It helps reduce the latency of data, thus enabling real-time data analysis with faster extraction of data.
Top features of In-memory Analytics Software
In-memory analytics is a methodology of enterprise intelligence (BI) used to solve complex and time-sensitive business scenarios. When querying data it works by increasing speed, performance and reliability. Some of the features are:
- Data Discovery
- Data Governance
- Data Preparation
- Data Visualization
- Mobile BI
- Real-time Analytics
- Robust Reporting
Top applications of In-memory Analytics Software
In-memory analytics helps boost a BI system's processing performance and offers quicker answers to business-intelligence users relative to conventional disk-based business intelligence, particularly for queries that take a long time to process in a broad database. Some of the top applications are:
- Risk management and fraud detection
- Sales and marketing optimization
- Financial management
- Supply chain optimization
- Predictive asset management
- Product and process management
- Network management
- Workforce management
Top Growing companies of In-Memory Analytics Software
- CLEARSTORY DATA
- Signals Lead Discovery
- Panorama
- ActiveViam
- EXASOL
- INFORMATION BUILDERS
- KOGNITIO
- Redis
- ADVIZOR Analyst
- Aerospike
COMPETITIVE LEADERSHIP MAPPING TERMINOLOGY
The vendors are placed into four categories: Vanguards, Innovators, Emerging, and Dynamic, based on their performance in each criterion. We have evaluated the top 19 vendors that include SAP SE, MicroStrategy Incorporated, Kognitio, SAS Institute, Inc, Hitachi Group Company, ActiveViam, Oracle Corporation, IBM Corporation, Information Builders, Inc., Software AG, Amaozn Web Service, Qlik Technologies, Inc., ADVIZOR Solutions, EXASOL, Panorama Software, ClearStory Data, Pentaho Corporation, Aerospike, Inc. and TIBCO Software Inc.
VISIONARY LEADERS
Vendors who fall into this category receive high scores for most evaluation criteria. The players mentioned here provide a strong and established product portfolio and have a very strong market presence. They should provide mature and reputable in-memory analytics software and services. They also have strong business strategies.
DYNAMIC DIFFERENTIATORS
They are established vendors with very strong business strategies. However, they are low in product portfolio.
INNOVATORS
Innovators in the MicroQuadrant are vendors that have demonstrated substantial product innovations as compared to their competitors. They have very focused product portfolio. However, they do not have a very strong growth strategy for their overall business.
EMERGING COMPANIES
They are vendors with niche product offering and are starting to gain their position in the market. They do not have much strong business strategies as compared to other established vendors. They might be new entrants in the market and require some more time before getting significant traction in the market.
In-Memory Analytics Software
Comparing 33 vendors in In-Memory Analytics Software across 129 criteria.
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SAP SE is providing solutions to help companies accelerate business processes with their in-memory computing platform known as SAP HANA. SAP HANA is a diversified product which combines Online Analytical Processing (OLAP) and Online Transactional Processing (OLTP) processing into a single database, which improves performance by eliminating bottlenecks. The database offers analytics capabilities along with high-speed transactions to help process real-time data. SAP HANA is a complete package which provides BI features and allows to create complex business logic using graphical modeling tools and decision tables with the help of the pre-built business function libraries. SAP HANA allows organizations to embed logic into stored procedures and run it inside the memory to reduce computation time.
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SAS’s in-memory analytics solutions comprise SAS event stream processing, SAS high performance text mining, SAS high performance data mining, SAS in-memory statistics, SAS high-performance econometrics, SAS visual analytics, SAS visual analytics, SAS high performance optimization, and SAS high performance statistics. Organizations can choose on-site, cloud/SAAS, or enterprise hosting to deploy in-memory analytics. SAS is already catering to a rich clientele base and provides features such as multiple user accessibility, improved model development time, and predictive capabilities.
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IBM positions in-memory computing technologies as one of the key components of its business intelligence platform. IBM, in in-memory analytics scope, offers IBM Cognos Express, which includes embedded in-memory analytics server for rapid integration of operational data sources through consolidated database for business data which also includes plans, budgets, and projections. Within its capacity, IBM Cognos Express also provides instant insights and update the data across all the heterogeneous data sources based on any changes occurring. It includes powerful in-memory analytics server with security capabilities for fast, comprehensive, and secure business intelligence and process planning.
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Oracle Exalytics In-Memory Machine assists users in achieving comprehensive in-memory analytics performance for business intelligence and enterprise performance management applications. The optimized system utilizes best-in-class hardware, BI Software, and in-memory database technology to provide quick analysis with a higher level of intelligence, simplicity, and manageability. Oracle Database In- Memory adds in-memory database functionality to the existing databases without any modifications or changes in programming of applications. It can be deployed with applications compatible with Oracle Databases 12c. It enhances data warehouses, data analysis, and mixed workload OLTP databases. Oracle Exalytics In-Memory Machine hardware is an optimally configured server architected to enable in-memory analytics for business intelligence workloads and includes powerful compute capacity, abundant memory, fast storage, and fast networking options, and supports direct attached storage options.
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MicroStrategy provides significant features to support its state-of-the-art in-memory analytics, which includes improved memory usage for data refresh for partitioned intelligent cubes, improved flexible partitioning for multi-table cubes, and improved in-memory cube troubleshooting. In-memory datasets can be created using MicroStrategy OLAP Services and MicroStrategy’s Parallel Relational In-Memory Engine (PRIME). OLAP Services is an extension of MicroStrategy Intelligence Server and uses Intelligent Cube Technology, an in-memory version of report data that can be manipulated by the MicroStrategy Analytical Engine. The OLAP services are a combination of Multidimensional Online Analytical Processing (MOLAP) and Relational Online Analytical Processing (ROLAP), which allow organizations to analyze reports obtained directly from the in-memory intelligent cubes, instead of from the data warehouse and manipulate them in real time.
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Qlik Technologies, Inc, offers QlikView, an in-memory business intelligence platform. QlikView is a business discovery platform that provides self-service BI for all business users in organizations. With QlikView, users can analyze data and use data discoveries to support decision-making. QlikView utilizes next generation patented in-memory association technology to make sophisticated analysis and reporting dramatically easier to deploy, use, and maintain. QlikView is a simple to deploy analysis platform and takes advantage of 64-bit multi-core hardware platforms to allow thousands of users access billions of records of data. The QlikView in-memory data model allows the users to have an integrated view of information through dashboards, ad-hoc analysis, real-time analysis, data visualization, and reports within a single platform.
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Software AG offers Presto In-Memory Analytics as one of its major offerings in in-memory technology. Presto offers operational dashboards with in-memory analytics that lets companies combine live data from any source to get quick insights Presto in-memory analytics solutions require no data to be copied and stored as it keeps data more secure on its business intelligence platform. Presto relies on Software AG’s Terracotta solution to offer an in-memory analytics language, RAQL, for analyzing data, both big and small. RAQL is an extensible language that lets users extend core functionality to create customized functions.
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Amazon offers Amazon QuickSight, which is considered as the only visualized front-end cloud BI dashboard solution that also has the capabilities of API and a data engine. Amazon QuickSight is a part of Amazon’s growing cloud big data analytics portfolio. QuickSight lets business users analyze data residing in various AWS repository, including RedShift data warehouse, Elastic MapReduce, and Amazon relational database services. AWS In-Memory Engine Spice assist users to transform data into accurate insights through its analytical capabilities.
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ClearStory Data is one of the top-notch business intelligence solutions based on Cloud. The scalable software helps the departments, organizations, and businesses in discovering various business insights and also collaborate with them. The software is used in multiple industries like financial services, media & entertainment, retail, manufacturing, food and beverage, life sciences, healthcare, and many more. The software is an effective platform for analyzing the marketing data, customers, sales performance, and even operational efficiency.
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Features
- Visual: The software offers very easy to comprehend and use visual reports.
- Intelligent Data Wrapping: This helps in understanding the potential and various types of workflows, information and other information for the business.
- Location Analysis: It offers location-based analytics, which is out of the box and tremendously crucial to business performance.
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The In-Memory Analytics Software by Panorama uncovers hidden insights in the business data and presents them on beautiful dashboards. Managed by a centrally administered system, the software is powered with KPI alerts. The technologies for recommendation, insight finding and personalization employed by Panorama enable the customers to discover the information they are looking for and uses collaboration capabilities to address the issues quickly if any. The software can track the interests of the customers and even suggest connections based on that.
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ActiveViam is an IT company that provides analytical and transactional platforms to organizations working in the field of retail and finance. ActivePivot is one of those platforms or software launched by the company. This tool, ActivePivot, works on in-memory computing technology and is an in-memory analytical software. It aggregates an excessive amount of data and stores it in its in-memory database. ActiveViam enables the software to offer optimal decisions in a timely fashion to organizations.
The company offers in-memory analytics solution on-premises or cloud deployment models via AWS, Microsoft Azure, or EXAcloud, depending on the client’s preference. The company released version 6 of its database with support for visual schemas. With an open and transparent integration framework, organizations can now analyze data faster, irrespective of the data source, environment, or analytical programming language being used. The company also provides a free business edition to get to know about the product implementation before purchasing it. EXASOL is a high-performance, in-memory, MPP (massively parallel processing) database specifically designed for in-memory analytics. It helps organizations analyze large volumes of data in real-time, and accelerate BI and reporting, to turn data into value.
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The WebFocus BI and Analytics is one of the most complete, flexible, and comprehensive business intelligence and business analytics platform. Within its single enterprise platform, WebFocus is incorporated with many capabilities such as in-memory analytics, data discovery, predictive analytics, reporting, dashboards, and in-document analytics. WebFocus Hyperstage, the latest addition to WebFocus platform, provides an embedded column-oriented database, which improves query performance, provides unmatched data compression, and supports in-memory analytical capabilities. Hyperstage, a query-optimized data source installed in WebFocus environment uses intelligent analytics to accelerate the speed and efficiency of current applications, particularly those that handle high numbers of ad-hoc or unplanned queries, or those that consume large volumes of data.
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Kognitio is one of the leading players in the development of scale-out, in-memory software for big data analytics. Kognitio software can be configured on Hadoop clusters by integrating it with Yet Another Resource Negotiator (YARN) or as a standalone hardware infrastructure for non-Hadoop data sources. Organizations can make use of the fast, high concurrency SQL layer which allows data visualization tools to maintain interactive performance while processing large volumes of data. The company also has an analytics and consultancy team which helps organizations gain expertise in data science and big data analytics. Kognitio in-memory analytics can also be deployed using Kognitio cloud through Amazon Web Services (AWS) so that the clients can integrate in-memory analytics into multiple terabytes of data in a fraction of the time and cost. Kognitio software runs on industry-standard x86 servers in Kognitio cloud or as a ready to use analytical platform. Kognitio cloud's power, combined with the inherent cost and time advantages associated with cloud-based services, allow Small and Medium Businesses (SMBs) and start-up companies to use the in-memory technology using a single platform.
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Redis Labs successfully combines open source technology and world-class innovation. The high availability of the software, all-round availability and top-notch built-in search capabilities have made Redis Labs the pioneers in open source in-memory analytics software providers. The software is persistent and durable. Not just that, it also has a highly advanced security system, provisions for back-ups and auto-recovery. Nothing has been missed and is open-source; it remains highly customizable.
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Advizor is a company that offers business solutions and services. The primary objective of the company is to make businesses simpler and more manageable. To do so, the company’s services are impressively IT-friendly. Additionally, the services and solutions function with lightning speeds thanks to the embedded predictive analytics and creative, easy to read visual reports on analytics. With in-memory support, the services and answers can be implemented on the premises or cloud systems.
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Pentaho entered the in-memory analytics market with its product Pentaho Business Analytics which provides improvements to data analysis performance, scalability, and reliability with support for cloud-scale distributed in-memory caching systems, new performance tuning aids, and analysis of more big data sources. The product has started to gain recognition because of its enhanced features such as in-memory analytics, in-memory aggregation, and adding new analytics data sources. Pentaho also provides data discovery and visualization with Pentaho Business Analytics to allow organizations simplify data processing by incorporating self-service into it. The interactive visual analysis being provided by Pentaho has extreme scale in-memory data caching which allows speedy analysis of large data sets and generate comprehensive solutions for reporting.
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Aerospike is the trending solution to hyper-scale data. The software is designed for serving various enterprises with overall solutions regarding Windows. The software provides with access to multiple systems like support to various languages for programming, data replication, and access control, all under one roof. With various facets like security, clustering server-side, elasticity, continuous updates and much more, the product gives a different combination to the users, which is different from other similar software.
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6Sense offers powerful services for data analytics. The most impressive part of the services is that it offers fast and reliable results. At the core of all its functionality, 6sense bases all its work on AI and Big Data, thereby provide reliable outcomes. Furthermore, it offers tailor-made solutions, which is to say one can configure the AI and prioritize work as they like on the platform to fit their bill.
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Agilone is a leader in the analytics space that leverages intelligent and smart ways to interact with your customers. It integrates, dedupes and cleanses both offline and online profile data and cookie to build an identity graph that is foundational to activating the data. The analytic solutions that Agilone offers help in better customer identification, smarter customer understanding, and a higher return on every bit of investment. It enables in satisfying the advanced business requirement most flexible data platform in the market.
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Angoss Software Corporation offers a revolutionary In-Memory Analytics Software to improve the productivity of data mining and efficiency for companies that have a growing volume of unstructured and structured data. With this software, you can get actionable insight from the smart data. It replaces all kinds of complexities with supreme efficiency and allows the data science teams to build trust models that can solve the business problems. So get ready to overcome the significant challenges in insight delivery and data access with the data processing capability of Angoss’s In-Memory Analytics Software.
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Counted among the top platforms for data analytics, Alteryx Inc is a detailed solution for the analysis of business data. The software provides a platform that offers facilities like predictive analytics and data mining that allows the users to work on data with sources like Hadoop, Microsoft, Salesforce, and Excel. Through this software, the analysts can work on creating modules for analysis which helps in determining the process of data.
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GreenWave Systems Inc is among the best platforms regarding the Internet of Things globally. The platform is designed to empower brands that are leading the market to deploy profits by managing the products and services along with growth in customer relationships. GreenWave Systems Inc is a platform that is widely used by various experts and engineers globally for empowering the IoT stakeholders and service providers for developing their networks, connected devices, and smarter services.
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Civis Analytics is a software company that offers various kinds of services and products for data analytics. At the heart of all its services, is the company’s proprietary built-in cloud-based platform that improves the speed of the data processed. Furthermore, the company, with the prowess of data scientists, offers a resolution based on unlocking the power of data stored, research, survey and do much more. It also comes loaded with a suite of various tools.
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Domino Data Lab is trusted by the leading model-driven firms of the world to accelerate, manage, and scale the entire discipline of data science in the right way. Its in-memory analytics software accelerates automatic tracking and collaborative research of work in a synchronized way. You can transform into a complete model-driven company with a unified spot for the research lifecycle, from the development to the deployment stage by using Domino Data Lab’s advanced offering.
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Exago Inc offers a seamless experience to users through its revolutionary in-memory analytics software. Its accurate and results-based decision-making capability enhances customer experience and decreases the time that you might end up analyzing the key performance indicators. The advanced offerings to uncover insights and better decision making translates into a huge amount of cost savings. So use these best-embedded analytics for SaaS and help your business grow exponentially.
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GoodData offers a powerful open analytics platform for your company that goes beyond your business analytics and gives every user decision power and enhanced visibility. They drive performance, competitive value, and profit by enhancing the data-driven processes across the company and its ecosystem by bringing all sorts of analytics to point-of-work. Powering across 50% of Fortune 500 companies and 80,000 businesses, GoodData offers expertise and technology to drive the adoption of data analytics across the entire business networks.
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The technology provided by Sisense can change the world of business analytics software. They have managed to remove altogether the limitations of data size and performance affected by relational and in-memory databases. The Sisense software can deliver interactive business analytics to thousands of users at a time within hours. People with absolutely no programming skills can also use it.
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Tableau in-memory analytics software helps people in understanding their data. It can connect to all the databases and can be used as a drag and drop to create visualizations. The outcome can be shared with the help of a single click. This software is one of the powerful and fastest developing data visualization tools that are used in the Business Intelligence Industry. It works for the simplification of raw data into an accessible and understandable format.
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