E-Business
Oracle Database In-Memory Powers the Real-Time Enterprise
In today’s fast-paced, hyper-connected, and mobile/social world, businesses demand instantaneous information and responsiveness. In this environment, businesses must be able to move as fast as their customers, be they B2B or B2C, to deliver the experience those customers demand.
For years, technology companies have been talking about the “real-time” enterprise. And for years, that’s all those vendors delivered—talk—because they didn’t have the necessary range of world-class technologies to deliver on the real-time promise.
But today, Oracle is changing that paradigm, because only Oracle can bring together for customers optimized in-memory capabilities across applications, middleware, databases, and systems. Oracle Database In-Memory transparently extends the power of Oracle Database 12c to enable organizations to discover business insights in real-time while simultaneously increasing transactional performance. With Oracle Database In-Memory, users can get immediate answers to business questions that previously took hours to obtain and are able to deliver a faster, better experience to both their internal and external constituents.
Oracle Database In-Memory delivers leading-edge in-memory performance without the need to restrict functionality or accept compromises, complexity and risk.
Deploying Oracle Database In-Memory with virtually any existing Oracle Database-compatible application is as easy as flipping a switch–no application changes are required.
It is fully integrated with Oracle Database’s renowned scale-up, scale-out, storage tiering, availability and security technologies making it the most industrial-strength offering in the industry.
At a special event at Oracle’s headquarters, CEO Larry 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.
“As a consumer Internet pioneer and innovator, Yahoo is always at the leading edge of big data and database technology to deliver a responsive, seamless consumer experience. We joined Oracle’s beta program to understand how memory optimization could sharpen our big data processing,” said Sudhi Vijayakumar, Yahoo’s Principal Oracle Database Architect.
“Full support for Oracle Real Application Clusters’ scale-out capabilities means Oracle Database In-Memory can be used even on our largest data warehouses.”
Oracle Database In-Memory enables customers to accelerate database performance by orders of magnitude for analytics, data warehousing, and reporting while also speeding up online transaction processing (OLTP).
An innovative, dual-format in-memory architecture combines the best of row format and column format to simultaneously deliver fast analytics and efficient OLTP.
Oracle Database In-Memory allows any existing Oracle Database-compatible application to automatically and transparently take advantage of columnar in-memory processing, without additional programming or application changes.
Oracle Database In-Memory demonstrated from 100x to more than 1000x speedup for enterprise application modules in performance tests, including Oracle E-Business Suite, Oracle’s JD Edwards, Oracle’s PeopleSoft, Oracle’s Siebel, and Oracle Fusion Applications.
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 all key processes.
Oracle Database In-Memory has undergone extensive validation testing by hundreds of end-users, ISV partners, and Oracle Applications teams over the past nine months.
Oracle Database In-Memory is scheduled for general availability in July and can be used with all hardware platforms on which Oracle Database 12c is supported.
Oracle PartnerNetwork (OPN) is also announcing that Oracle Database 12c Ready certification will soon include Oracle Database In-Memory.
Building on years of innovations and maturity, Oracle Database In-Memory inherits all Oracle Database capabilities including:
Maximum Availability Architecture to protect against data loss and downtime
Industry leading security technologies.
Scalability to meet any requirement via scale-up on large SMP servers, scale-out across a cluster of servers, and storage-tiering, to cost effectively run databases of any size – whether petabyte-scale data warehouses, big data processing or database clouds.
Rich programmability: Java, R, Big Data, PHP Python, Node, REST, Ruby, etc.
Full data type support: relational, objects, XML, text, spatial, and new integrated JSON support.
Oracle Engineered Systems are the ideal complement to Oracle Database In-Memory:
Oracle Engineered Systems, including Oracle Exadata Database Machine and Oracle SuperCluster, are optimized for Oracle Database In-Memory, featuring large memory capacity, extreme performance, and high availability while tiering less active data to flash and disk to deliver outstanding cost effectiveness.
In-Memory fault tolerance on Oracle Engineered Systems optionally duplicates in-memory data across nodes enabling queries to instantly use a copy of in-memory data if a server fails. New Direct-to-Wire Infiniband accelerates scale-out for in-memory.
Oracle’s M6-32 Big Memory Machine is the most powerful scale-up platform for Oracle Database In-Memory providing up to 32 Terabytes of DRAM memory and 3 terabytes/sec of memory bandwidth for maximum in-memory performance.
“We are delighted that our MicroStrategy Analytics Platform is among the first third-party applications to be certified with Oracle Database In-Memory,” explained Paul Zolfaghari, President, MicroStrategy Incorporated. “Our participation in Oracle’s beta program and integration with Oracle Database In-Memory builds on our long-standing relationship with Oracle, underscoring the importance of working together to optimize our platforms to extend the advanced functionality and speed performance improvements to our joint customers.”
“Oracle is the only vendor in the industry to embrace in-memory computing from applications to middleware to database to systems, enabling businesses to maximize profitability by accelerating operations, quickly discovering new growth opportunities and making smarter, real-time decisions,” said Andrew Mendelsohn, Executive Vice President, Database Server Technologies, Oracle. “Oracle Database 12c In-Memory uniquely delivers unprecedented performance for virtually all workloads with 100 percent application transparency and no data migration. Plus all the high availability, scalability, and security that customers have come to expect from the Oracle Database are fully preserved.”
“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,” said Steve Miranda, Executive Vice President of Application Development, Oracle.
Dr Adebowale Adedokun, director-general, Bureau of Public Procurement (BPP), has reaffirmed the bureau’s commitment to data protection in Nigeria.
He disclosed this in a statement at the weekend by Zira Nagga, head of Public Relations, BPP, following a courtesy visit by a delegation from the National Data Protection Commission (NDPC).
Adedokun stressed that data protection is vital to Nigeria’s economy and development, particularly in areas such as demography, health, education, and other key sectors.
He emphasised that no country should leave its data unprotected, as it plays a crucial role in future planning and national development.
“Data governs the world. It is essential to technological progress and must be protected for a country or business to be taken seriously,” he said.
Adedokun described the visit, aimed at fostering partnership on data policy implementation and protection, as timely and aligned with national goals.
He said the BPP would collaborate closely with the NDPC to boost data development, capacity building, and enhance the procurement system.
“The BPP will support compliance as part of the ‘Nigeria First’ Policy, although it is not a core procurement eligibility requirement,” he explained.
He suggested a hybrid training model to help build strong capacity in data protection, privacy awareness, and policy understanding.
According to him, a dynamic training approach will reduce logistics costs and improve public confidence in data safety and privacy.
Dr Vincent Olatunji, CEO, and national commissioner, NDPC, praised Adedokun and the BPP for supporting data protection initiatives.
He said the partnership supports President Bola Tinubu’s vision and will strengthen data privacy across Ministries, Departments, and Agencies (MDAs).
“The collaboration will create awareness and train BPP staff to ensure a firm grasp of data protection principles and policies,” he stated.
Olatunji said the NDPC would establish a working group to finalise a Memorandum of Understanding beneficial to both institutions.
He added that President Tinubu signed the NDPC into law on 12 June 2023 to uphold citizens’ rights and protect national and business data.
Olatunji also noted that strict legal measures were in place to enforce data protection and ensure full compliance nationwide.
Both agencies agreed to form a team to sign the MoU and focus on capacity building and data management in procurement and beyond.
President Bola Tinubu said that his administration has initiated a project to install fibre optic cables across the country, aimed at enhancing the socio-economic development of Nigeria.
His plans were contained in a speech he delivered at a joint session of the National Assembly in commemoration of Democracy Day on Thursday, June 12.
He said the fibre optic layout is part of other projects being embarked on.
“In addition, we have embarked on an ambitious project to lay fibre optic cables across the nation, a transformative step toward bridging the digital divide and fostering greater connectivity.
“This initiative promises not only to enhance the speed and reliability of internet access but also to revolutionise how businesses operate, how students learn, and how communities stay connected,” Tinubu stated.
He maintained that by extending this critical infrastructure, his government is empowering entrepreneurs, enabling digital education, and providing the tools for our youth to compete in a globalised world.
In a most recent report on Internet connectivity, The ICIR pointed out how Nigeria has faced setbacks in its deployment of fibre optic cables and needs a transformation.
The challenges revolve around vandalism, inadequate coordination between road construction and telecom infrastructure, and varying right-of-way (RoW) charges across states.
Among industry experts, these issues impact network outages, increase repair costs, and hinder broadband expansion efforts.
It has also further threatened the digital economy, leading to slower Internet speeds, dropped calls, and unreliable connectivity among others.
African startups raised more than $345 million across 65 deals in May, more than double the amount raised in the same period of last year, according to a report by Briter, a research and business intelligence firm.
The report disclosed that both the number of deals and participating companies declined, confirming a growing trend of fewer companies raising funds in larger sizes.
It said fintech attracted the highest share of funding in May, accounting for 34 percent of the total, while cleantech followed closely, driven by a debt deal from Sun King. The company raised $80 million (in local currency) to expand clean energy access in Nigeria.
“Equity remains the primary instrument in terms of total value. There’s no doubt about it; in fact, equity deals with disclosed amounts captured more than half of the total funding volume in May.
“However, debt financing is increasingly proving its weight. Although it accounted for only 8 percent of all deals, it represented 32 percent of the total funding, highlighting the typically larger size of debt transactions. With the rise of specialised vehicles targeting early-stage businesses, debt is becoming an increasingly important part of Africa’s innovation funding landscape,” it said.
Briter’s report added that grants continued to play a vital role in early-stage support, especially in the education technology (EdTech) sector. The Mastercard Foundation led the pack in grant activity, funding a new cohort of EdTech innovators in Nigeria and Kenya. Each selected startup is set to receive $100,000 in grant funding, in addition to mentorship and business development support.
Multilaterals also made a strong showing in May, it said. The Multilateral Investment Guarantee Agency (MIGA), a World Bank Group member, issued a $179.6 million guarantee to CleanTech firm KOKO Networks. The support will help scale its clean energy solutions across Kenya.
“This deal not only demonstrates growing international confidence in African climate ventures but also signals a promising pathway for other asset-intensive startups in clean cooking, agriculture, and renewable energy,” the report said.
From a geographic perspective, Egypt emerged as the continent’s fundraising powerhouse for the month, contributing 51 percent of all funding raised. The country recorded 12 deals across equity, debt, and bond instruments. Notably, FinTech platform MNT-Halan raised $50 million through a bond issuance, further illustrating the diversification of capital-raising mechanisms in the region.
Outside Egypt, funding was distributed across Africa’s three other key markets, which are Egypt, Nigeria, and Kenya, with limited activity recorded in countries such as Ghana, Tunisia, Morocco, and Uganda, each registering between one and three deals.
In terms of exits, the African tech landscape continues to mature. Three companies—Baobab+, Qardy, and Shopa—were acquired in May, bringing the total number of exits this year to 22. This already surpasses last year’s count for the same period. Qardy was acquired by Catalyst Partners Middle East (CPME) in a disclosed deal valued at $23 million, the report added.
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