<p>The rapid maturation of application infrastructure technologies and a continued decline in the cost of semiconductor technologies are paving the way for mainstream use of in-memory computing (IMC), according to Gartner. The research firm notes that the in-memory data grid (IMDG) market, a key IMC segment, although small, is likely to grow fast and reach $1 billion by 2016.</p><p>"The relentless decline in DRAM and NAND flash memory prices, the advent of solid-state drive technology and the maturation of specific software platforms have enabled IMC to become more affordable and impactful for IT organizations," said Massimo Pezzini, vice president and Gartner Fellow.</p><p>Until recently, only the most technologically savvy organizations for example, in vertical markets like financial trading, telecommunications, military and defense, online entertainment and logistics could cope with the high cost and complexity of adopting IMC. But IMC technology is now more affordable and more proven. "Organizations that do not consider adopting in-memory application infrastructure technologies risk being out-innovated by competitors that are early mainstream users of these capabilities," said Pezzini.</p><p>IMC is an emerging paradigm enabling user organizations to develop applications that run advanced queries or perform complex transactions on very large datasets at least one order of magnitude faster and in a more scalable way than when using conventional architectures. It achieves this by storing application data in a computer's main DRAM, rather than on electromagnetic disks, and without compromising the availability, consistency and integrity of that data.</p><p><a href="http://www.cxotoday.com/story/in-memory-data-grid-market-to-reach-1-billion-by-2016/">Keep reading...</a></p><p>Read also:</p><p><a href="http://www.computerworld.in/news/gartner-says-memory-computing-racing-towards-mainstream-adoption-87572013">Gartner Says In-Memory Computing Is Racing Towards Mainstream Adoption</a> (Computerworld India)</p><p><a href="http://www.computing.co.uk/ctg/news/2258941/inmemory-computing-market-to-be-worth-gbp700m-by-2016-says-gartner">In-memory computing market to be worth 700m by 2016 says Gartner</a> (Computing)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=dVAXw5wVerAYNOMG_6vKpqNtdGbCM&ned=us">3 additional articles.</a></p>