Cloud-based hardware architecture

Method for providing and operating a federated in-memory database computing system (FIMDB), comprising the following steps:

• Providing a plurality of multiple local computing sites (LS),
• Providing managed services by a service provider (SP) to be consumed by local computing sites (LS)
• Connecting the local computing sites (LS) to the service provider (SP) and thus enabling the local computing sites (LS) to interchange data with each other as well
• Configuring a remote service directory, exposed by the service provider (SP), and automatically mounting the remote service directory to all local computing sites (LS)
• Installing local in-memory database instances and configure them to join the federated in-memory database computing system (FIMDB)
• Subscribing to at least one of the service provider's managed services
• Configuring the subscribed managed services at the local computing site (LS) for use by local users
• Granting access to algorithms of the managed services, to be executed on the local computing sites (LS) so that sensitive data of the local computing site (LS) is processed locally and does not leave the local computing site (LS).

Method for providing a federated in-memory database computing system (FIMDB), comprising the following steps:

• Providing a plurality of multiple local computing sites (LS),
• Providing managed services by a service provider (SP) to be consumed by local computing sites (LS)
• Connecting the local computing sites (LS) to the service provider (SP) and thus enabling the local computing sites (LS) to interchange data with each other and with the service provider (SP)
• Configuring a remote service directory, exposed by the service provider (SP), and automatically mounting the remote service directory to all local computing sites (LS)
• Installing local in-memory database instances and joining them to the federated in-memory database computing system (FIMDB).