6 months ago
143  |
Additional capabilities advance Neo4j's position as the authoritative data source for analytical and operational systems within an enterprise
SAN MATEO, Calif., Oct. 25, 2023 /PRNewswire/ -- Neo4j®, the world's leading graph database and analytics company, announced major new capabilities enabling cloud or self managed customers to increase analytical queries by up to 100x faster,1 run both transactional and analytical processing within one database, and automatically track data changes in real time for faster mission-critical decision making.
"Neo4j's integration of operational and analytical workloads within a single database is now enhanced by the power of parallel runtime and change data capture, empowering our customers with real-time insights, cost-efficient data management, and simplified architecture," said Sudhir Hasbe, Chief Product Officer, Neo4j. "The results foster quicker decision-making, superior customer experiences, and a competitive edge in the market at a magnitude of speed, performance and agility that is far greater than ever before."
New capabilities and benefits include:
Up to 100X faster performance of analytical queries via Parallel Runtime capability, which adds concurrent threads across multiple CPU cores to run analytical graph queries. Neo4j also leverages a technique called morsel-based parallelism to optimize this capability, for greater scalability, better resource utilization, and seamless multitasking. Faster mission-critical decisions now enabled by native Change Data Capture (CDC), which automates the real-time tracking and notification of data changes in the database. CDC is also integrated with Neo4j Connector for Kafka and Confluent, which streams these changes for easier consumption across other data platforms and applications. Easier Knowledge Graph creation via new embedding models that predict and find missing relationships and infer new connections within an organization's knowledge graph for greater semantic understanding. New pathfinding algorithms that make complex workflows more efficient by identifying the best sequence and critical paths between nodes on a graph."Neo4j's Change Data Capture capability enables us to synchronize the latest changes happening in our customers' various data sources simultaneously – and helps us guarantee that when they use Dropbox Dash, they can search and find their content accurately," said Anil Masakal, Engineering Leader, Dropbox.
"Neo4j's new capabilities enable modern law enforcement agencies to react with greater agility to mission-critical events, empowering them to fight more crimes and solve them faster," said Christophe Willemsen, CTO, GraphAware. "For example, we can trigger alerts and send them to front-line officers when the phone number of a Person of Interest pings from a cellular tower near a high-risk event where a VIP is present, bodycam footage shows the image of a child at risk, and other events."
These advancements follow a series of milestones for Neo4j. The company recently integrated native vector search into its core database capabilities, enabling more accurate, explainable, and transparent outcomes for LLMs and other generative AI applications. It earlier won Google Cloud's 2023 Technology Partner of the Year award in the data management category, and placement in CRN's 2023 Big Data 100. Neo4j was recognized for the first time in the 2022 Gartner Magic Quadrant for Cloud Database Management Systems, the first time that any native graph vendor was included in the report2.
Neo4j today is used by 75% of the Fortune 100. The new features are available on Neo4j Graph Database and Neo4j AuraDB now, free of charge, with CDC initially available as an EAP public beta. More details are available here.
1 Performance scales proportionally to the number of CPUs. This result is based on a benchmark test that shows a performance improvement for an analytical query run on a Stackoverflow dataset, comprising 50m nodes and 124M relationships. The server (32 CPUs, 128G memory) can be publicly accessed at https://demo.neo4jlabs.com:7473/browser/.
2 GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
*Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Neo4j
Neo4j, the Graph Database & Analytics leader, helps organizations find hidden relationships and patterns across billions of data connections deeply, easily, and quickly. Customers leverage the structure of their connected data to reveal new ways of solving their most pressing business problems, from fraud detection, customer 360, knowledge graphs, supply chain, personalization, IoT, network management, and more – even as their data grows. Neo4j's full graph stack delivers powerful native graph storage with native vector search capability, data science, advanced analytics, and visualization, with enterprise-grade security controls, scalable architecture, and ACID compliance. Neo4j's community of data leaders comprises a vibrant, open-source community of more than 250,000 developers, data scientists, and architects across hundreds of Fortune 500 companies, government agencies, and NGOs. Visit neo4j.com
Contact:
pr@neo4j.com
neo4j.com/pr
© 2023 Neo4j, Inc., Neo Technology®, Neo4j®, Cypher®, Neo4j® Bloom™, Neo4j Graph Data Science Library™, Neo4j® Aura™, Neo4j® AuraDS™, and Neo4j® AuraDB™ are registered trademarks or a trademark of Neo4j, Inc. All other marks are owned by their respective companies.
English (United States)