I can tell you from feedback I've received from support... Needed for Max Players on Insane Map...
16 GB RAM (plus)
Better than an AMD FX 9370 8 core CPU
Better than an R9 270x GPU 2GB.
Why? This game will run just fine with 20-30 sec or faster turn times to begin the game. After around 200 turns (may be shorter than that depending on galaxy settings). When you meet more races and gain the exploration treaty with all factions, your turn time will jump to 3-5 minutes with these system spec. According to support this is normal game is working as intended and you need to be understanding of your game settings with your system.
The good thing with this is that once you start to kill off several of the factions, I'm around 85 now and the turn times have dropped back down to between 30 seconds to a minute.