A majority of organizations (58%) in the financial services industry are using in-memory technologies, which provide the level of processing power often essential for real-time analytic applications, according to a survey of about 200 IT decisions makers by GridGain Systems, a provider of open source and commercial in-memory data fabric products.
Some 28% of the survey respondents said they are using in-memory technologies in a “mission-critical capacity.”
For the report, “A Cautious Revolution: Financial Services’ Prudent Embrace of Real-Time Analytics,” GridGain asked IT professionals in the finance sector about their companies’ attitudes, practices and challenges around data technology, with a focus on the state of the industry’s adoption of real-time analytics technologies.
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