With in-memory technology, all data and applications are kept in the computer’s main memory to avoid expensive mechanical hard-drive I/O access, reduce latency times, and increase the ability to process large volumes of data or complex data. In this “innovation and novel concepts” article, we discuss how in-memory technology may create business value. Based on our experiences in collaborating with the Hilti Corporation, one of the first adopters of SAP’s in-memory technology appliance (SAP HANA), we describe and discuss illustrative application scenarios that are made possible through the increased computing power offered by in-memory technology. Based on these scenarios, we identify principles of value creation through in-memory technology...