SAP is placing great emphasis on the issue of in-memory computing, a move that will allow its users to achieve faster computations. But the key question about data processing in main memory is whether the performance gain is economically justifiable. more
Cloud computing is not so much a trend as a phenomenon. For a long time now, the idea of purchasing IT services from an external data centre via the internet has been covered in the trade press – the leap to the general press was even made at the recent CeBIT trade... more
The offer is a tempting one – buying IT services from a factory at lower cost with uniform quality and including higher security. However, the benefits will not arrive automatically just because industrial processes have replaced manual labour. Customer companies will... more
Along with water, electricity has always been the best example of a classic commodity, an exchangeable product which is available every where with no massive quality differences. Electricity has always flowed out of a socket and therefore not worth discussion. This... more
SaaS was one of the trends of the software industry in 2007 – software being offered and charged as a service, hence the abbreviation: Software as a Service. This removes the need to buy the software and install it locally. Software houses have for some years been... more
“Target costing” is a controlling tool that is often described as “results-oriented target cost management”. The principle of target costing was first applied in the Japanese car industry in the 1960s and 1970s and it is employed as a strategic decision-making tool in... more