Some ERP vendors include in-memory-computing technology that provides business intelligence tools for ad hoc analysis, what-if scenario analysis, and machine learning that analyzes very large data sets.
ERP or Enterprise Resource Planning serves the purpose of managing and processing business through a single system. In simpler terms, it is a software that several organizations use in order to manage day-to-day business activities such as procurement, accounting, project management, risk management as well as compliance.
The in-memory computing technology uses non-volatile random access memory for storing, processing as well as delivering data using the sophisticated Data Comprehension technique, at speeds way faster than typical hard drives.
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