Does data compression very well, produces query results very quickly, ability to scale up as data volume/size grow in an organization, row level versioning is in memory and hence the speed. It is a very stable product for large enterprises. More detailed documentation on how to use this product in the initial stages would be really welcome.
Your upcoming app can be built faster on a fully managed SQL database and can be moved into Azure with a few to no application code changes. Flexible and responsive server less computing and Hyperscale storage can cope with your changing requirements and one of the main benefits is the reduction in costs, which is noticeable.
Maintenance is always an issue, so using a cloud solution saves a lot of trouble.
On premise solutions always suffer from fragmented implementations here and there, where several "dba's" keep track of security and maintenance. With a cloud database it's much easier to keep a central overview.
Security options in SQL database are next level... data masking, hiding sensitive data where always neglected on premise, whereas you'll get this automatically in the cloud.
One needs to be aware that some T-SQL features are simply not available.
The programmatic access to server, trace flags, hardware from within Azure SQL Database is taken away (for a good reason).
No SQL Agent so your jobs need to be orchestrated differently.
The maximum concurrent logins maybe an unexpected problem.
Sudden disconnects.
The developers and admin must study the capacity and tier usage limits https://docs.microsoft.com/en-us/azure/azure-subscription-service-limits otherwise some errors or even transaction aborts never seen before can occur.
Only one Latin Collation choice.
There is no way to debug T-SQL ( a big drawback in my point of view).
SAP IQ support is top-notch. I prefer starting all my SAP IQ support tickets with their Instant Messenger, where the majority of our issues are resolved. If it makes it to their ticketing system, they are very prompt at responding and very knowledgeable in the platform.
We give the support a high rating simply because every time we've had issues or questions, representatives were in contact with us quickly. Without fail, our issues/questions were handled in a timely matter. That kind of response is integral when client data integrity and availability is in question. There is also a wealth of documentation for resolving issues on your own.
SAP IQ is perhaps an under-marketed product in the sense that it is able to scale up very well and perform much faster and more efficiently than other products such as Oracle - when we ran multiple large queries on both Sybase IQ and Oracle, we found that that results were much faster in Sybase IQ and this gave the confidence to go for this product.
We moved away from Oracle and NoSQL because we had been so reliant on them for the last 25 years, the pricing was too much and we were looking for a way to cut the cord. Snowflake is just too up in the air, feels like it is soon to be just another line item to add to your Azure subscription. Azure was just priced right, easy to migrate to and plenty of resources to hire to support/maintain it. Very easy to learn, too.