With widespread popularity of graph database, Neo4j moves up the stack with advanced analytics for artificial intelligence applications and integrated visualisation for non-technical users
NEW YORK, NY – (October, 24, 2017) – GraphConnect New York – Neo4j, the market leader in connected data, today unveiled its new Native Graph Platform. The platform adds analytics, data import and transformation, visualisation, and discovery, all on top of Neo4j’s wildly successful and cross-industry proven graph database. This new offering dramatically expands Neo4j’s enterprise footprint by establishing relationships with a variety of new users and roles, including data scientists, big data IT, business analysts and line of business managers.
Whether for increased revenue, fraud detection or planning for a more connected future, building networks of connected data proves to be the single biggest competitive advantage for companies today. This will become even more evident in the future as machine learning, intelligent devices and real-time activities like conversational commerce are all dependent on connections. This is why Neo4j is extending the reach of its native graph stack, which has already seen success across multiple use cases with organisations ranging from NASA to eBay to Comcast, to link together a broader set of users, functionality and technologies.
“Our customers’ needs have changed. Many companies started with us for retail recommendation engines or fraud detection, but now they need to drive their next generation of connected-data to power complex artificial intelligence applications,” said Emil Eifrem, CEO of Neo4j. “Our customers not only need a high performance, scalable graph database, they need algorithms to feed it, they need visualisation tools to illustrate it, they need data integration to dive deeply into their data lakes. Our connections-first approach, facilitated by {{this new Native Graph Platform, makes it possible for our customers, like NASA, ICIJ, Comcast, Telia and eBay to reach for the stars}}. And that’s what today’s GraphConnect is all about.”
Neo4j’s Native Graph Platform
Neo4j is growing the graph market by making data connections more accessible, effective and actionable for organisations. Its new Native Graph Platform takes a connection-first approach to query, visualise and analyse data, making it more meaningful, more useful and more adoptable than what’s currently on the market.
Neo4j’s Native Graph Platform introduces new features and products to serve a broader range of individuals, including:
• Massive performance boost--for new or existing users, the Native Graph Platform introduces an impressive performance boost of the Neo4j 3.3 Database, which has expanded its use of native indexing, re-factored the Cypher query interpreter, and sped up write and update performance by as much as 55 percent over version 3.2 and 700% over version 2.2.
• Comprehensive server to server encryption--data centre and cloud administrators will rest easy knowing that Neo4j 3.3 Enterprise Edition clusters support intra-server encryption for all operations, across geographies and cloud zones.
• Neo4j ETL (currently available for preview)--data lake architects in IT will enjoy how fast it has become to prepare and import data into the graph platform using Neo4j ETL, which not only reveals data connections, but materialises these connections across a variety of relational sources and raw data formats living in Hadoop or other systems.
• Advanced analytics for artificial intelligence--allows data scientists to use Neo4j’s graph algorithms in developing AI logic for forward looking projects, while they can also use Cypher on Apache Spark as a means to traverse gargantuan data volumes as graphs.
• Integration with graph discovery and visualisation applications--allows business users to visualise, understand, analyse and explore their graph data via a variety of industry leading partners.
• Neo4j Desktop package -- a developer and user’s mission control console for connecting to, exploring and developing with a local, registered copy of Neo4j Enterprise Edition and its associated platform components like APOC and algorithm libraries.
“We were drawn to a graph database because we wanted to understand and generate value from our data, and graph databases treat the relations between data points as first class citizens,” said Mark Hashimoto, director of engineering, Comcast. “We invested in Neo4j because the company is driving continued innovation, to help us stay ahead of the curve, and to think and act like a technology company. Neo4j’s Native Graph Platform will help us prepare for a more connected future and ensure our data is used as a competitive advantage.”
“Neo4J and Pitney Bowes have a longstanding partnership that helps deliver to clients Single Customer View solutions that are grounded in graph-based discovery and data visualisation,” said Aaron Wallace, principal product manager at Pitney Bowes. “The ability to see relationships between data and visualise those connections is critical in making truly informed business decisions. The Native Graph Platform is a huge step toward bringing graph-based solutions to organisations looking to transform their businesses by seeing, analysing and operationalising the connections in their data.”
About Neo4j, Inc.
Neo4j, Inc. is the graph company behind the #1 platform for connected data. The Neo4j graph platform helps organisations make sense of their data by revealing how people, processes and digital systems are interrelated. This connections-first approach powers intelligent applications tackling challenges such as artificial intelligence, fraud detection, real-time recommendations and master data.
The company boasts the world's largest dedicated investment in native graph technology, has amassed more than eight million downloads, and has a huge developer community deploying graph applications around the globe. More than 250 commercial customers, including global enterprises like Walmart, Comcast, Cisco, eBay, and UBS use Neo4j to create a competitive advantage from connections in their data.
Neo4j is privately held and funded by Eight Roads Ventures (an investment arm of Fidelity International Limited), Sunstone Capital, Conor Venture Partners, Creandum, Dawn Capital and Greenbridge Investment Partners. Headquartered in San Mateo, Calif., Neo4j has regional offices in Sweden, Germany and the UK. For more information, please visit Neo4j.com and @Neo4j.
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Press Contact:
Carina Birt, Sarum
PR for Neo4j UK
+44 1722 322916
carina@sarumpr.com