SOURCE: Neo Technology

Neo Technology

November 13, 2014 09:03 ET

Neo Technology Debuts in 2014 Magic Quadrant for Operational Database Management Systems

SAN MATEO, CA--(Marketwired - Nov 13, 2014) - Neo Technology, creators of Neo4j, the world's leading graph database, today announced that for the first time it has been positioned in the 2014 Magic Quadrant for Operational Database Management Systems (DBMS).1 Neo Technology is the only graph database to meet the report's stringent qualification requirements.

"We believe our placement in the 2014 Magic Quadrant for Operational DBMS validates our ability to innovate and solve the complex data challenges that enterprises face today," said Emil Eifrem, CEO of Neo Technology. "Gartner's inclusion of mature graph databases for the first time underscores the strategic importance of this emerging category."

Neo4j is widely considered the leading graph database for its speed, flexibility, and robustness, as well as its large developer community and widespread market adoption. The technology behind Neo4j makes it easy for enterprises to unlock the hidden value of their data at scale, utilizing the connections for more intelligent real-time analytics, and accelerating strategic innovation. Recently recognized by Gartner for its innovation, Neo Technology was named a Cool Vendor in DBMS, 2014 and listed among the 'Who's Who in NoSQL DBMSs.'

According to Gartner's recent 'IT Market Clock for Database Management Systems, 2014' report, "[Graph DBMS] data models allow users to describe dynamic and complex domains more naturally and efficiently than is possible in a relational database management system (RDBMS)."2

Neo Technology clients include an impressive list of enterprise companies such as Walmart, eBay, Pitney Bowes, Cisco, Thomson Reuters, HP, Tre, Accenture, Gamesys, UBS, Nomura Holdings, Scripps Networks, Advent Software, Telenor, Serena Software, Leo Burnett, and Crunchbase, and dozens of Global 2000 companies. These customers demonstrate that as the world of data explodes in volume and complexity, more and more companies are bringing on trusted, "enterprise ready" tools like Neo4j to handle their complex, ever-changing data.

The complete report, including the quadrant graphic, is available here on the Gartner website.

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About Neo Technology
Graphs are everywhere. From websites adding social capabilities to Telcos providing personalized customer services, to innovative bioinformatics research, organizations are adopting graph databases as the best way to model and query connected data. Neo Technology researchers pioneered the first graph database back in 2000, and have been instrumental in bringing the power of the graph to numerous organizations worldwide, including more than 50 Global 2000 customers, such as Cisco, Accenture, Telenor, eBay and Walmart. Serving customers in production for over a decade, Neo4j is the world's leading graph database with the largest ecosystem of partners and tens of thousands of successful deployments.

Neo Technology, the company behind Neo4j, is a privately held company funded by Fidelity Growth Partners Europe, Sunstone Capital and Conor Venture Partners, and is headquartered in San Mateo, CA, with offices in Sweden, UK, Germany, France, and Malaysia. For more information, please visit www.neo4j.com.

1 Gartner, 'Magic Quadrant for Operational Database Management Systems,' by Donald Feinberg, Merv Adrian, Nick Heudecker, October 16, 2014.
2 Gartner, 'IT Market Clock for Database Management Systems, 2014,' by Donald Feinberg and Nick Heudecker, September 22, 2014.

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    Tanya Carlsson
    Kulesa Faul for Neo Technology
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