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Intacct Moving to In-Memory Database

Aaron Harris, IntacctIntacct is preparing to utilize an in-memory database for its online applications. At the company's recent Advantage conference. Chief technology officer Aaron Harris said a limited release of the technology, which promises substantially increases in calculation speed, will be introduced early next year.

In-memory databases are still relatively new for middle-market software applications. But products utilizing them have proved to be highly successful for enterprise-level software companies such as SAP and Oracle.

Harris said tests of the Intacct technology showed the in-memory database can age 1 million customer invoices in four seconds and analyze 20 million sales orders in 45 seconds.

With the limited release, a subset of customers will be asked to take an early adopter role and provide feedback to the company. Harris said that "It's hard to say when that broad deployment will happen", although he'd like to see that occur in the first half of next year.
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The company demonstrated an analytics application running on top of in-memory database. Such tools provide a substantial improvement in speed because it is far quicker to access data in computer memory than on disk storage. Some vendor claims about improved calculation speeds have been that they produce astronomically faster performance.

Harris said that the in-memory database and analytics tool will be built and deployed together. Asked if such products will be more expensive, he replied, "I can't say there won't be an additional charge. It will be much more affordable than if they were to tattempt to try this project on their own."

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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