Top 13 In-Memory Computing Companies in the World

Technology & Media

Top 13 In-Memory Computing Companies in the World

The global in-memory computing market size reached US$ 19.0 Billion in 2023. As per the analysis by IMARC Group, the top in-memory computing companies are heavily investing in developing cloud-based in-memory computing solutions that can provide scalable and flexible computing resources, allowing for faster processing and analysis, in an attempt to strengthen their position in the market. In line with this, several key players are developing new memory technologies, such as 3D XPoint, which provides a high-performance storage solution that is faster than traditional flash memory and cheaper than DRAM, which is acting as another growth-inducing factor. Moreover, numerous top players are offering their in-memory computing systems to banks and other financial institutions for risk management, fraud detection, financial analysis, and monitoring of a transaction is propelling the growth of the market. Additionally, several key player’s in-memory computing is widely used by airlines to meet SLAs and the proliferation of big data to make decision-making better and machine-driven is augmenting the market across the globe. Besides, the growing need for real-time cybersecurity is fuelling the market as in-memory computing can be used for real-time cybersecurity applications, providing fast data processing and analytics for threat detection and response, further impelling the industry. Furthermore, multiple top companies are integrating big data, analytics, the Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML) in IMC to enable efficient data processing and scalability is impacting the market favorably. Other factors, including continual improvements in the information technology (IT) sector and the increasing demand for rapid data processing across industries, are projected to propel the market further. On account of these factors, the market is expected to reach US$ 67.5 Billion by 2032, exhibiting a growth rate (CAGR) of 14.7% during 2024-2032.

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List of Top Companies Operating in the In-Memory Computing Industry Worldwide:

The global in-memory computing market has several major players Altibase Corp., Fujitsu Ltd., GigaSpaces Technologies Inc., GridGain Systems Inc., HCL Technologies Limited, International Business Machines Corporation, Microsoft Corporation, NTT DATA Corporation (Nippon Telegraph and Telephone), Oracle Corporation, SAP SE, SAS Institute Inc., Software AG, TIBCO Software Inc. (Vista Equity Partners). More information about these companies has been provided below.

1. Altibase Corp.

Establishment:

1999

Headquarters:

New York, United States

Website:

https://altibase.com/en/


Altibase Corp. is a leading provider of in-memory, hybrid, and disk-based database management systems. Its product portfolio includes Altibase HDB, a high-performance, high-availability database that provides real-time processing capabilities for mission-critical applications. The company also offers services, such as data caching and replication solutions, as well as consulting and training services to help customers optimize their use of Altibase's products. It has implemented energy-efficient technologies and practices in its data centers to reduce energy consumption and lower its carbon footprint. Additionally, the company places a strong emphasis on employee engagement and well-being. It provides opportunities for employees to volunteer in community service projects and encourages a healthy work-life balance.

2. Fujitsu Ltd.

Establishment:

1935

Headquarters:

Tokyo, Japan

Website:

https://www.fujitsu.com/global/


Fujitsu Ltd. is a leading multinational information technology equipment and services company that provides technology products, solutions, and services to customers in various industries. It offers a wide range of products, including computing products, storage solutions, software, and services such as consulting, systems integration, and managed services. The company is committed to reducing its environmental impact and has set targets to reduce greenhouse gas emissions, conserve resources, and promote environmentally friendly products and services. Besides, it is committed to respecting human rights and has implemented a human rights policy to ensure that its business activities do not contribute to human rights abuses.

3. GigaSpaces Technologies Inc.

Establishment:

2000

Headquarters:

New York, United States

Website:

https://www.gigaspaces.com/


GigaSpaces Technologies Inc. is a leading provider of in-memory computing and real-time analytics solutions. It offers XAP, InsightEdge, Cloudify, GigaSpaces Professional Services, and InsightEdge Smart ODS. The company has implemented energy-efficient data centers to reduce its energy consumption and carbon footprint. It promotes virtualization and cloud computing to reduce the need for physical hardware and infrastructure, which helps to reduce energy consumption and carbon emissions. Additionally, the company has implemented eco-friendly office practices to reduce its environmental impact. It uses energy-efficient lighting, recycling programs, and virtual meetings to reduce its carbon footprint.

4. GridGain Systems Inc.

Establishment:

2007

Headquarters:

California, United States

Website:

https://www.gridgain.com/


GridGain Systems Inc. is a software company that provides in-memory computing solutions for enterprises. It offers professional services, such as consulting, training, and support, to help customers optimize their use of the GridGain in-memory data fabric. The company has reduced its carbon footprint by implementing energy-efficient technologies in its offices and data centers and has also reduced its paper usage through digital documentation and online communication tools. Additionally, it supports local communities by participating in charity events, sponsoring community programs, and providing employee volunteer opportunities.

5. HCL Technologies Limited

Establishment:

1976

Headquarters:

Noida, India

Website:

https://www.hcltech.com/


HCL Technologies Limited is a multinational information technology (IT) services and consulting company. It offers a wide range of IT services, including digital transformation, cloud computing, cybersecurity, engineering and research and development, and business process outsourcing. The company has a strong focus on innovation and is heavily investing in research and development to create new technology solutions for its clients. Additionally, it has established several programs to promote education and skills development, particularly in science, technology, engineering, and mathematics (STEM) fields.

6. International Business Machines Corporation

Establishment:

1911

Headquarters:

New York, United States

Website:

https://www.ibm.com/in-en


International Business Machines Corporation (IBM) is a multinational information technology (IT) and consulting company. It offers a wide range of IT services and solutions, including cloud computing, artificial intelligence, cybersecurity, blockchain, and quantum computing. The company has a strong focus on innovation and is heavily investing in research and development to create new technology solutions for its clients. It also has a strong commitment to sustainability and has implemented several initiatives to reduce its environmental impact. The company has implemented a sustainable supply chain program to promote sustainability throughout its supply chain.

7. Microsoft Corporation

Establishment:

1975

Headquarters:

Washington, United States

Website:

https://www.microsoft.com/en-in


Microsoft Corporation is a multinational technology company. It offers a wide range of products and services, including personal computers, gaming consoles, software, and cloud-based services. It has a strong focus on innovation and is heavily investing in research and development to create new technology solutions for its clients. The company is also committed to sustainability and has implemented several initiatives to reduce its environmental impact. Besides, it has established diversity and inclusion training programs, implemented hiring goals to increase the representation of underrepresented groups, and partnered with external organizations to promote diversity and inclusion in the tech industry.

8. NTT DATA Corporation (Nippon Telegraph and Telephone)

Establishment:

1988

Headquarters:

Tokyo, Japan

Website:

https://group.ntt/en/


NTT DATA Corporation is a Japanese multinational information technology services company. It provides a wide range of IT services and solutions, including consulting, system integration, application development and management, outsourcing, and cloud services. The company is committed to promoting diversity and inclusion within its workforce and has implemented several initiatives to achieve this goal. Additionally, it has implemented hiring goals to increase the representation of underrepresented groups and partnered with external organizations to promote diversity and inclusion in the tech industry. Besides, the company is committed to promoting education and skills development and has implemented several initiatives to support this goal.

9. Oracle Corporation

Establishment:

1977

Headquarters:

California, United States

Website:

https://www.oracle.com/in/corporate/


Oracle Corporation is a leading provider of in-memory computing solutions for enterprises of all sizes. Its product portfolio includes Oracle in-memory database, oracle coherence, oracle in-memory applications, oracle database in-memory option, and Oracle times ten in-memory database. The company has implemented several initiatives to reduce its energy consumption and carbon footprint, such as energy-efficient building design, server virtualization, and renewable energy sourcing. Additionally, it has established a supplier code of conduct that outlines ethical, social, and environmental standards for its suppliers. Besides, the company has established a waste reduction and recycling program in its offices and data centers.

10. SAP SE

Establishment:

1972

Headquarters:

Walldorf, Germany

Website:

https://www.sap.com/india/index.html


SAP SE is a leading provider of in-memory computing solutions for enterprises of all sizes. The company's in-memory computing solutions are designed to enable businesses to process and analyze large amounts of data in real time, improving decision-making capabilities and enhancing operational efficiency. Its product portfolio includes SAP HANA, SAP ASE, SAP Analytics Cloud, and SAP IQ. The company has a strong focus on innovation and heavily invests in research and development to improve its in-memory computing solutions and stay ahead of the competition. Besides, it is committed to promoting sustainability in its supply chain and has implemented measures to reduce the environmental impact of its operations.

11. SAS Institute Inc.

Establishment:

1976

Headquarters:

North Carolina, United States

Website:

https://www.sas.com/en_in/home.html


SAS Institute Inc. is a multinational software company that specializes in advanced analytics, business intelligence, and data management software. It offers SAS Analytics, SAS Data Management, SAS Fraud and Security Intelligence, SAS Customer Intelligence, and SAS Data Management. The company has set a goal to achieve net-zero greenhouse gas emissions in the coming future and has implemented various sustainability measures such as renewable energy sourcing, energy efficiency, and waste reduction. Besides, it has implemented various programs to support STEM education, including sponsoring educational programs and providing technology resources to schools.

12. Software AG

Establishment:

1969

Headquarters:

Darmstadt, Germany

Website:

https://www.softwareag.com/en_corporate.html


Software AG is a multinational software company that provides solutions for digital transformation and process automation. Its product portfolio includes Adabas & Natural, terracotta, alfabet, web method cumulocity IoT, and ARIS. The company is committed to promoting energy efficiency in its products and services. It supports local community projects through its Corporate Social Responsibility (CSR) program. Additionally, the company has donated software licenses to non-profit organizations and supported various community projects, including initiatives focused on education, health, and environmental sustainability.

13. TIBCO Software Inc. (Vista Equity Partners)

Establishment:

1997

Headquarters:

California, United States

Website:

https://www.tibco.com/


TIBCO Software Inc. is a global software company that provides a range of solutions for digital transformation, including data integration, analytics, and process automation. Its product line includes TIBCO Cloud Integration, TIBCO ActiveMatrix BusinessWorks, TIBCO Spotfire, and TIBCO Mashery. The company is committed to reducing its environmental footprint through initiatives such as energy-efficient facilities, reducing waste and promoting recycling and reducing greenhouse gas emissions. Besides, it is committed to maintaining ethical business practices and has implemented policies and procedures to ensure compliance with legal and regulatory requirements.

About Author:

Shree Basu

Senior Content Writer at IMARC Services Private Limited

Shree Basu is an experienced content writer with a passion for researching about diverse markets, ranging from technology to chemistry to agriculture. She has around two years of experience in different aspects of market research and has worked with multiple startups and enterprises in the B2B, B2C, and retail industries. In her free time, Shree enjoys reading, feeding stray animals, and watching crime documentaries.

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