Oracle has launched Oracle Database In-Memory, enabling customers to accelerate database performance by orders of magnitude for analytics, data warehousing and reporting, while also speeding up online transaction processing (OLTP).
Launched yesterday by Oracle CEO Larry Ellison, the new product features a dual-format in-memory architecture combines the best of row format and column format to simultaneously deliver fast analytics and efficient OLTP.
Oracle Database In-Memory allows any existing Oracle Database-compatible application to automatically and transparently take advantage of columnar in-memory processing, without additional programming or application changes.
The new product demonstrated from 100-times to more than 1 000-times speedup for Oracle enterprise application modules in performance tests, including Oracle E-Business Suite, JD Edwards, PeopleSoft, Siebel and Oracle Fusion Applications.
The ability to combine realtime data analysis with sub-second transactions on existing applications enables organisations to become Real-Time Enterprises that quickly make data-driven decisions, respond instantly to customers’ demands, and continuously optimize all key processes.
Oracle Database In-Memory is scheduled for general availability in July and can be used with all hardware platforms on which Oracle Database 12c is supported.
At a special event at Oracle’s headquarters, Ellison described how the ability to combine real-time data analysis with sub-second transactions on existing applications enables organisations to become realtime enterprises that quickly make data-driven decisions, respond instantly to customers’ demands, and continuously optimize key processes.
Steve Miranda, executive vice-resident of application development at Oracle, comments: “Oracle Applications provide the foundation for our customers’ mission-critical business operations, including sales, financials, supply chain and human resources. By raising the bar on speed, Oracle Database In-Memory enables customers to compound the value of their existing applications by deriving new insights and business opportunities faster.”
