SOURCE: Neo Technology, Inc.

Neo Technology, Inc.

June 25, 2015 09:03 ET

Industry Analysts and Influencers Indicate Bright Future for Graph Databases and Neo4j

Research Reinforces Neo's Global Leadership, Underscores Need for Graph Databases

SAN MATEO, CA--(Marketwired - Jun 25, 2015) - According to industry research, the future is bright for graph databases. Neo Technology, creator of Neo4j, the world's leading graph database, is ushering in the graph database era with the only fully mature and trusted graph database platform on the market. Known for its speed, performance, flexibility, and robustness, as well as its large developer community and widespread market adoption, Neo4j helps enterprises solve their most complex data challenges and advance their business through data relationships.

"Graphs continue to become mainstream, as more and more large enterprises are recognizing the transformative power of the graph for uncovering the connections inherent in their big data," said Emil Eifrem, CEO of Neo Technology. "Neo4j is the clear market leader, as well as the recipient of numerous analyst, customer and community accolades. There's still massive growth left ahead of us, and we remain committed to the innovation and the evolution of our product."

As the world's most popular -- and most trusted -- graph database, Neo has capitalized on the demand for graphs, more than doubling both revenue and customers over the last year, including the addition of brand-name clients like Walmart, eBay, EarthLink, Pitney Bowes, Cisco, CrunchBase, and Zephyr Health.

Industry Analysts and Influencers Speak Out on Neo4j
Over the past year, Neo4j -- and graph databases in general -- have received consistent, positive analyst recognition:

  • Forrester Research predicts that 25 percent of all enterprises will use graph databases by 2017, while Gartner says, "Graph analysis is possibly the single most effective competitive differentiator for organizations pursuing data-driven operations and decisions after the design of data capture."
  • Neo Technology recently made its debut in Gartner's Magic Quadrant for Operational Database Management Systems. Neo4j was the only graph database to meet the report's stringent qualification requirements.
  • Neo was also recognized by Gartner as one of the "Top 5+ Big Data Companies to Watch."
  • Neo4j was named "the most popular graph database" in Forrester's Market Overview on Graph Databases report. The report states "a graph database allows organizations to think differently and create new intelligence-based business opportunities that weren't possible before."
  • Neo4j was also named a "champion" in a vendor landscape report on graph databases by Bloor Research. The report states, "graph databases handle a class of issues that are too structured for NoSQL and too diverse for relational technologies."

In addition to the company's on-going analyst recognition, Neo4j has also received notable product awards, including InfoWorld's 2015 Technology of the Year, 2015 SD Times 100 and the DBTA 100 2015, amongst others.

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About Neo Technology
Neo Technology is the creator of Neo4j, the world's leading graph database that brings data relationships to the fore. From companies offering personalized product and service recommendations; to websites adding social capabilities; to telcos diagnosing network issues; to enterprises reimagining master data, identity, and access models; organizations adopt graph databases as the best way to model, store and query both data and its relationships. Neo Technology researchers pioneered the modern graph database and have been instrumental in bringing the power of the graph to numerous organizations worldwide. Large enterprises like Walmart, eBay, UBS, Nomura, The InterContinental Exchange, Cisco, CenturyLink, HP, Telenor, TomTom, Lufthansa, and The National Geographic Society, as well as startups like CrunchBase, Medium, Polyvore, Zephyr Health, and Elementum use Neo4j to unlock business value from data relationships.

Neo Technology is a privately-held company funded by Fidelity Growth Partners Europe, Sunstone Capital, Conor Venture Partners, Creandum and Dawn Capital, and is headquartered in San Mateo, CA, with regional offices in Sweden, UK, Germany, France, and Malaysia. For more information, please visit Neo4j.com.

Contact Information

  • Media Contact:
    Lila Razzaqui
    Kulesa Faul for Neo Technology, Inc.
    +1 (408) 396-1350
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