Oracle CEO Larry Ellison introduced Oracle Database In-Memory on June 10, 2014 at a special event at Oracle headquarters in Redwood Shores, Calif. There, Ellison described how the ability to combine real-time data analysis with sub-second transactions on existing applications enables organizations to become real-time enterprises that quickly make data-driven decisions, respond instantly to customers' demands, and continuously optimize key processes.
Right now, you can watch a replay of Ellison’s announcement. Plus, hear from some of Oracle’s top thought leaders about how Oracle Database In-Memory can help executives, managers, and all employees to pinpoint opportunities faster, negotiate smarter, and engage customers better.
“We set up a test scenario where an end user needed to see a few account amounts by searching over 104 million sales order lines in a JD Edwards system. Using a standard database setup, the operation timed out at around 13 minutes. With Oracle Database In-Memory, the results came back in less than a second.” —Juan Loaiza, Oracle senior vice president of systems technology
“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.”—Steve Miranda, executive vice president of Application Development, Oracle
“Light bulbs are going off when we start thinking about what kind of apps we can write. We get to take it to the next level and start to solve problems that we couldn’t solve before.” —Lyle Ekdahl, senior vice president and general manager of Oracle’s JD Edwards
“The future of the enterprise is this: a massive shared customer data pool continuously pulling from multiple data sources, available to all business functions for insight and action in perfect alignment so customer interactions aren’t carried out in department silos, generating metrics that inform against varied business goals and can be turned around for real-time, on-location customer engagement and conversion.” —Mike Stiles, senior content manager at Oracle
“Today, customers simply won’t wait for an application to ‘think’ and respond. ISVs have to deliver the extreme performance their customers demand, and they rely on Oracle Database solutions to do it. Oracle is continuously offering innovative new solutions and partner programs to help our valued ISV community continue to innovate and deliver the customer experience their users demand.” —Steve Biondi, group vice president, Worldwide Alliances & Channels, ISV & OEM Sales, Oracle