Press Room
Oracle today announced the general availability of Oracle® TimesTen In-Memory Database Release 7, which features enhanced integration and caching with Oracle Database 10g to meet the instant response times and high-throughput requirements of real-time enterprises. Underscoring Oracle's commitment to support the wide-ranging data management needs of its customers, this release enables organizations to accelerate business processes and tap real-time business intelligence in breakthrough customer-facing applications.
As business agility proves to be a critical success factor, organizations must make business decisions faster, bring data analysis into minute-by-minute decision making and respond to users in real time. An extremely reliable and high performance in-memory database, Oracle TimesTen is used in a wide range of industries such as financial services, telecommunications and defense, where real-time applications are essential to business success. Oracle TimesTen 7 delivers dynamic database caching of Oracle Databases for performance-critical enterprise applications such as high volume transaction processing; business activity monitoring; real-time business intelligence; and customer relationship management and customer self-service. For example, call centers using Oracle TimesTen can dramatically improve efficiency and offer deeper personalization for a richer user experience through instant access to information and the ability to quickly address the most common customer questions.
"This is the first major release of the Oracle TimesTen database that has been entirely developed within Oracle, following Oracle's acquisition of TimesTen in June 2005," said Jim Groff, senior vice president, Oracle. "The tight integration between Oracle TimesTen for real-time data management in the middle tier and the Oracle Database for enterprise-wide data management is unique in the industry. It delivers outstanding support for real-time business functions today, and an architecture to meet the data management demands for future Service-Oriented Architectures."
"As a leading provider of convergent mediation, charging and provisioning solutions to telecom service providers, Comptel is accustomed to exceeding the demanding performance and scalability requirements of our customers," said Mr Kari Sutela, vice president, Technology, Comptel. "We have been an Oracle TimesTen customer for many years and are very pleased with the release 7 product. Our testing shows that with Oracle TimesTen 7 we will continue to outpace the increasingly stringent performance and scalability requirements of our industry, which will help maintain Comptel's leadership."
Oracle TimesTen 7 delivers several key enhancements to help customers capture, access, and manage information significantly faster, including:
The new real-time caching capabilities of Oracle TimesTen 7 support a wide variety of applications where instant access to specific types of data from an Oracle database is required. Oracle TimesTen 7 provides out-of-the-box support for the most common caching scenarios:
In each of these scenarios, Oracle TimesTen 7 automatically manages the data movement between the cache and the underlying enterprise Oracle database, simplifying application development. In addition, Oracle TimesTen 7 also supports Oracle Real Application Clusters (RAC), Oracle Fusion Middleware, Oracle SQL Developer and Oracle JDeveloper.
Oracle TimesTen In-Memory Database is generally available with pricing starting at $12,000 per CPU, depending on the size of the in-memory database. Two options, Replication — TimesTen to TimesTen and Cache Connect to Oracle, are each available starting at $6,000 per CPU, depending on the size of the in-memory database. The software is available for download at http://www.oracle.com/technology/software/products/timesten. Terms, conditions, and restrictions apply.
Oracle TimesTen In-Memory Database is a memory-optimized relational database that empowers applications with the instant responsiveness and very high throughput required by today's real-time enterprises and industries such as telecom, financial services and defense. Deployed in the middle tier as a cache or stand-alone database, Oracle TimesTen In-Memory Database operates on databases that fit entirely in physical memory using standard SQL interfaces. It is persistent and recoverable, with key benefits of lightning-fast response time and very high throughput.
Oracle (NasdaqGS: ORCL) is the world's largest enterprise software company. For more information about Oracle, visit our Web site at http://www.oracle.com.
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