Neo4j Keynote: The Art of the Possible with Graph Technology
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The document discusses the challenges organizations face due to data complexity and the explosive growth of data, highlighting the importance of graph technology as a solution. Neo4j is positioned as a leader in graph databases, enabling businesses to uncover hidden relationships, improve decision-making, and drive better outcomes through data integration. The narrative emphasizes the pivotal role of graph data science in optimizing workflows and enhancing analytical capabilities across various industries.
Neo4j Keynote: The Art of the Possible with Graph Technology
- 1. © 2022 Neo4j, Inc. All rights reserved. © 2022 Neo4j, Inc. All rights reserved. The Art of the Possible with 1 Graph Technology
- 2. © 2022 Neo4j, Inc. All rights reserved. © 2022 Neo4j, Inc. All rights reserved. 2 Chandra Rangan Chief Marketing Officer
- 3. © 2022 Neo4j, Inc. All rights reserved. 3 Business challenges = data challenges © 2023 Neo4j, Inc. All rights reserved.
- 4. © 2022 Neo4j, Inc. All rights reserved. 4 Image showing case study goes here Placeholder CATERPILLAR Unlocking insights for efficient equipment repair and maintenance across tens of millions of technical documents was an enormous challenge for Caterpillar
- 5. © 2022 Neo4j, Inc. All rights reserved. 5 At the heart of every enterprise challenge is an explosion of data complexity © 2023 Neo4j, Inc. All rights reserved.
- 6. © 2022 Neo4j, Inc. All rights reserved. 6 ACROSS ALL INDUSTRIES Hästens Customer 360 strategy and ecommerce modernization PwC Rapid fraud and anti-money laundering detection Adobe World’s largest social network for professionals & creatives © 2023 Neo4j, Inc. All rights reserved.
- 7. © 2022 Neo4j, Inc. All rights reserved. 7 DATA GROWTH IS ACCELERATING. EVERYONE IS CONNECTED TO EVERYTHING © 2023 Neo4j, Inc. All rights reserved. 200+ Zettabytes In cloud data storage by 2025 65 Average number of enterprise SaaS apps 41B Connected IOT devices by 2025
- 8. © 2022 Neo4j, Inc. All rights reserved. 8 Organizations are drowning in data but lacking in insight © 2023 Neo4j, Inc. All rights reserved.
- 9. © 2022 Neo4j, Inc. All rights reserved. 9 80% of business leaders say data is critical in decision-making, yet 41% cite a lack of understanding of data because it is too complex or not accessible enough © 2023 Neo4j, Inc. All rights reserved. - Salesforce Global Survey, 2023
- 10. © 2022 Neo4j, Inc. All rights reserved. 10 THE CHALLENGE © 2023 Neo4j, Inc. All rights reserved. Data silos hide valuable context
- 11. © 2022 Neo4j, Inc. All rights reserved. 11 TODAY’S REALITY Connections in data are as valuable as the data itself
- 12. © 2022 Neo4j, Inc. All rights reserved. 12 CONNECTION COMPLEXITY © 2023 Neo4j, Inc. All rights reserved. How do you navigate this data explosion at scale?
- 13. © 2022 Neo4j, Inc. All rights reserved. 13 Legacy systems can’t keep up “Relational” Databases don’t handle relationships well NoSQL Databases don’t handle relationships at all © 2023 Neo4j, Inc. All rights reserved.
- 14. © 2022 Neo4j, Inc. All rights reserved. 14 A fundamentally new approach is needed © 2023 Neo4j, Inc. All rights reserved.
- 15. © 2022 Neo4j, Inc. All rights reserved. 15 Data, meet Graph. © 2023 Neo4j, Inc. All rights reserved.
- 16. © 2022 Neo4j, Inc. All rights reserved. Graph creates a more intuitive and connected view of data relationships, unlocking deeper insights and context
- 17. © 2022 Neo4j, Inc. All rights reserved. 17 THE FASTEST GROWING DATABASE CATEGORY FOR 10 YEARS
- 18. © 2022 Neo4j, Inc. All rights reserved. 18 Graph enables organizations to quickly and easily uncover hidden relationships and patterns across billions of data connections Powering applications that are impossible with other technologies © 2023 Neo4j, Inc. All rights reserved.
- 19. © 2022 Neo4j, Inc. All rights reserved. 19 THE PROPERTY GRAPH: SIMPLY POWERFUL Employee City Company Nodes represent objects (nouns) Relationships are directional Relationships connect nodes are represent actions (verbs) Relationships can have properties (name/value pairs) Nodes can have properties (name/value pairs) name: Amy Peters date_of_birth: 1984-03-01 employee_ID: 1 :HAS_CEO start_date: 2008-01-20 :LOCATED_IN
- 20. © 2022 Neo4j, Inc. All rights reserved. 20 QUERY PERFORMANCE AS # OF JOINS INCREASE © 2023 Neo4j, Inc. All rights reserved. Connectedness and Size of Data Set Response Time Relational and other NoSQL databases Native Graph Database 1000x Advantage Minutes to milliseconds 5+ hops 3+ degrees Thousands of connections 0 to 2 hops 0 to 3 degrees Few connections
- 21. © 2022 Neo4j, Inc. All rights reserved. 21 SOLVING DATA COMPLEXITY Graph powers the next generation of enterprise data applications Hästens Reducing delivery times and driving revenue growth. © 2023 Neo4j, Inc. All rights reserved. Caterpillar Enabling efficient equipment repair and maintenance. Adobe Reduced data footprint and millions saved in cloud fees. PwC Next-generation fraud and money laundering detection.
- 22. © 2022 Neo4j, Inc. All rights reserved. 22 By 2025, graph will be used in 80% of data and analytics innovations © 2023 Neo4j, Inc. All rights reserved.
- 23. © 2022 Neo4j, Inc. All rights reserved. 23 Neo4j means Graph © 2023 Neo4j, Inc. All rights reserved.
- 24. © 2022 Neo4j, Inc. All rights reserved. Our Mission Help the world make sense of data 24 24 Emil Eifrem Founder & CEO © 2023 Neo4j, Inc. All rights reserved.
- 25. © 2022 Neo4j, Inc. All rights reserved. 25 NEO4J © 2023 Neo4j, Inc. All rights reserved. The first-ever graph database Creator of the market category Continued market leader The Forrester WaveTM For Graph Data Platforms, Q4 2020
- 26. © 2022 Neo4j, Inc. All rights reserved. 26 FUELING DISCOVERY AND TRANSFORMATION IN EVERY FIELD Real-Time Recommendations Fraud Detection Network & IT Operations Master Data Management Identity & Access Management Risk & Compliance
- 27. © 2022 Neo4j, Inc. All rights reserved. 27 © 2023 Neo4j, Inc. All rights reserved. 20 / 20 Top US banks 3 / 5 Top Aircraft Manufacturers 7 / 10 Top Telcos 3 / 5 Top Hotel Groups 8 / 10 Top Insurance Companies 10 /10 Top Automakers 7 / 10 Top Retailers 5 / 5 Top Pharmaceuticals Trusted by 75 of the
- 28. © 2022 Neo4j, Inc. All rights reserved. 28 LOVED BY CUSTOMERS Easy implementation “Best in a class, easy to implement, and greatly beneficial for our business.” - Director, $3B-10B company “Most human-friendly Cypher dev language with one of the best integration capabilities” Developer friendly Speed to insight “What used to take weeks or months, we now get answers to in minutes or even seconds.” – Jonathan L. Community
- 29. © 2022 Neo4j, Inc. All rights reserved. 29 HUGE INTEREST IN GRAPH FUELED BY AI & ML © 2023 Neo4j, Inc. All rights reserved. “50% of Gartner inquiries on the topic of AI involve discussion of the use of graph technology.” 35x increase in AI research papers featuring Graph over the past decade Source: Dimensions Knowledge System 365 13,040
- 30. © 2022 Neo4j, Inc. All rights reserved. 30 GRAPH DATA SCIENCE: MAKE SENSE OF DATA RELATIONSHIPS © 2023 Neo4j, Inc. All rights reserved. Machine Learning Pipeline Pl ay s Lives_in In_sport Likes F a n _ o f Plays_for K n o w s Knows Knows K n o w s Explore the hidden patterns and features in your data What’s important? What’s unusual? What’s next?
- 31. © 2022 Neo4j, Inc. All rights reserved. 31 BETTER BUSINESS OUTCOMES WITH THE DATA YOU ALREADY HAVE © 2023 Neo4j, Inc. All rights reserved. Complex joins operations Mining multiple tables Brute force comparisons Fractured data Tedious manual approximations Removes complexity and eliminates pain
- 32. © 2022 Neo4j, Inc. All rights reserved. 32 BETTER BUSINESS OUTCOMES WITH THE DATA YOU ALREADY HAVE © 2023 Neo4j, Inc. All rights reserved. Optimizes Data Science workflows Complex joins operations Mining multiple tables Brute force comparisons Fractured data Tedious manual approximations 95% reduction in Machine Learning computation time Up to 500x faster than open source libraries Removes complexity and eliminates pain 🏎 🏎
- 33. © 2022 Neo4j, Inc. All rights reserved. 33 BETTER BUSINESS OUTCOMES WITH THE DATA YOU ALREADY HAVE © 2023 Neo4j, Inc. All rights reserved. Optimizes Data Science workflows Complex joins operations Mining multiple tables Brute force comparisons Fractured data Tedious manual approximations Up to 30% improvement in model performance 3x better churn predictability 5x reduction in factory production lead time 600% improvement in traffic $5 million of additional fraud cases detected 95% reduction in Machine Learning computation time Up to 500x faster than open source libraries Improves business outcomes Removes complexity and eliminates pain 🏎 🏎
- 34. © 2022 Neo4j, Inc. All rights reserved. 34 GRAPH DATA SCIENCE: IMPROVE MODELS & ANSWER BIG QUESTIONS Iterate fast with different data sets, models, and version trained models. The Largest Catalog of Graph Algorithms Native Graph Catalog and Analytics Workspace Graph Embeddings for Machine Learning © 2023 Neo4j, Inc. All rights reserved. Pathfinding & Search Centrality Community Detection Machine Learning Link Prediction Similarity Embeddings And more … Over 65 pretuned, parallelized algorithms. Bring the DNA of your graph into a format that other pipelines can ingest.
- 35. © 2022 Neo4j, Inc. All rights reserved. 35 GRAPH DATA SCIENCE MATURITY MODEL Knowledge Graphs Graph Algorithms Graph Native ML Find the patterns you’re looking for in connected data Identify associations, anomalies, and trends using unsupervised machine learning Learn features in your graph that you don’t even know are important yet → →
- 36. © 2022 Neo4j, Inc. All rights reserved. 36 Neo4j Graph Database & Analytics The future of enterprise data applications © 2023 Neo4j, Inc. All rights reserved.