<p>BANGALORE, INDIA: The rapid maturation of application infrastructure technologies and a continued dramatic decline in the cost of semiconductor technologies are paving the way for mainstream use of in-memory computing (IMC).</p><p>Gartner said that although the in-memory data grid (IMDG) market, a key IMC segment, is small, it is likely to grow fast and to reach $1 billion by 2016.</p><p>"The relentless declines in DRAM and NAND flash memory prices, the advent of solid-state drive technology and the maturation of specific software platforms have enabled IMC to become more affordable and impactful for IT organizations," said Massimo Pezzini, vice president and Gartner Fellow.</p><p>Until recently, only the most technologically savvy organizations - for example, in vertical markets like financial trading, telecommunications, military and defense, online entertainment and logistics - could cope with the high cost and complexity of adopting IMC. But IMC technology is now more affordable and more proven. "Organizations that do not consider adopting in-memory application infrastructure technologies risk being out-innovated by competitors that are early mainstream users of these capabilities," said Pezzini.</p><p><a href="http://www.ciol.com/ciol/news/186577/in-memory-grid-market-reach-usd1-bn-2016">Keep reading...</a></p><p>Read also:</p><p><a href="http://hosting.onestopclick.com/technology_news/in-memory-computing-to-reach-$ 1bn-by-2016_458.htm">In-Memory Computing to Reach $ 1bn by 2016</a> (OneStopClick)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=d2MGwTD1dpFLxAMdW082KFK2TcxSM&ned=us">2 additional articles.</a></p>