Cloud Computing: Larry Ellison promises ‘ungodly’ speed with new in-memory Oracle database option

Grazed from National Monitor.  Author: Craig Manning.

Larry Ellison, the ambitious CEO of enterprising hardware and software company Oracle, is taking the company’s cloud computing options to the next level, according to a new report from PCWorld.com. The article states that Ellison and Oracle are preparing to enter the competitive and in-demand world of in-memory computing services, an announcement that should be music to the ears of tech gurus and information technology experts everywhere.

For those who are unfamiliar, in-memory computing services like the one Oracle will soon offer work similarly to other cloud-based server options, storing a company’s data offsite and off-setting the cost of purchasing physical servers. The difference with in-memory computing is that all of the company’s information is stored in a server’s random access memory (or RAM) rather than in the dark depths of the system. This arrangement allows for easier and faster access of information, simpler analysis of massive data banks, and economical drops in computing prices. In other words, in-memory computing is a big boon for businesses anywhere, and it was only a matter of time before a company like Oracle was going to join the fray…

According to Ellison, Oracle’s new in-memory capability could be a game-changer as well. He claimed that his company’s new in-memory option boasted “ungodly performance improvements,” largely derived from Oracle’s goal to attain “100 times faster queries for analytics and a doubling in throughput for transaction processing.”…

Read more from the source @ http://natmonitor.com/2013/09/23/larry-ellison-promises-ungodly-speed-with-new-in-memory-oracle-database-option/