SAN MATEO, CA — (Marketwired) — 01/13/15 —
Company reports impressive growth for Neo4j as use cases for graph databases broaden and accelerate
Experiences tremendous community engagement in 2014, with a Neo4j Meetup, training or office hour happening every day of the year
, creator of , the world–s leading graph database, today announced that it closed its strongest year yet, with 2014 activity including a major product release driving a record number of product downloads, widespread adoption of Neo4j by a growing global community of developers, the company–s highest number of new customer acquisitions, and 120 percent annual recurring revenue growth over 2013. Neo is set to continue its growth trajectory as Neo4j expands its footprint in organizations across both U.S. and International regions.
“2014 was a groundbreaking year for Neo. Our release of Neo4j 2.1 added features that make it easy to bring data in from a multitude of data sources, accelerating the adoption of graph databases across a wide range of industry segments,” said Emil Eifrem, Neo Technology–s CEO and co-founder. “Today, enterprises like Walmart, eBay, Earthlink, UBS, CenturyLink, Pitney Bowes and Cisco, as well as startups like Medium, CrunchBase, Polyvore, Zephyr Health and Elementum, continue to gravitate toward the Neo4j graph database as a way to advance their business through data relationships.”
Unlike relational databases and other NoSQL solutions, Neo4j is a purpose-built graph database designed to derive value from relationships in the data. Never before has it been possible to derive business value in real-time from data relationships. Neo4j helps businesses create new products and services, as well as reimagine existing ones, by bringing data relationships to the fore.
“Neo4j has enabled us to expand beyond our initial limited use cases to address a much broader set of problems,” said Sven Junkergard, Chief Technology Officer, (1) Zephyr runs a cloud-based big data analytics platform that, for example, helps pharmaceutical companies gain new insights into clinical trials, managed care, and sales and marketing.
became Neo4j customers, including one of the top five leading hotel chains, two of the biggest banks in the world, and one of the largest three telcos. The prior quarter saw a similar rate of enterprise customer additions.
became Neo4j customers in 2014, including Polyvore, Medium and Elementum.
Forrester Research analysts have underscored the tremendous opportunity for Neo Technology, recently reporting that (2) And according to leading analyst firm, Gartner Inc., “Graph analysis is possibly the single most effective competitive differentiator for organizations pursuing data-driven operations and decisions after the design of data capture.”(3) Neo Technology is consistently recognized by the firm for its product innovation, being named a , listed among the , and included in the
Neo4j continues to be widely adopted by developers around the world with over 500,000 downloads since the launch of Neo4j 2.0 last year. Today there are almost 20,000 Neo4j Meetup members across 77 cities in 25 countries. The company saw tremendous community engagement in 2014, with a Neo4j Meetup, training or office hour happening every day of the year. Since the launch of last year, Neo has trained over 16,000 developers on graph database technology, and the ongoing demand for training and Neo4j skills continues to grow.
The success of graphs is demonstrated by Neo–s new additions to its client roster, which includes an impressive list of companies with over one billion dollars in revenue in key verticals such as telco, healthcare, insurance and finance. Over the past year, Neo Technology has added a broad spectrum of Global 2000 companies from a variety of industries, including Telenor Group and CenturyLink (Telecommunications), Scripps, Earthlink, and Cisco Systems, Inc. (Software), UBS Financial Services, Inc. and Nomura Securities Co. Ltd (Financial Services and Insurance), and Walmart and eBay Inc. (Retail).
Neo4j–s Partner program, a global, multi-tier program that includes ISVs, solution and technology providers, helps partners use Neo4j to build innovative new products and services that drive revenue, improve efficiency and sustain competitive advantage. Since the program–s launch, the company has signed 100 partners including Amazon Web Services, Pitney Bowes, HP, Windows Azure, Heroku, Talend, Accenture, Infosys, Trifork, WiPro and others.
In October, Neo closed its conference yet, attracting more than 700 graph enthusiasts from around the world to its annual user conference in San Francisco.
Join us as we cross the Atlantic for on May 7th, 2015 at for the world–s only conference that focuses on the rapidly growing world of graph databases and applications that make sense of connected data. To take advantage of early bird registration and to submit for the call for papers, visit: .
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, Earthlink, CenturyLink, Pitney Bowes, TomTom, Telenor, and Cisco, as well as startups like Medium, CrunchBase, Polyvore, Zephyr Health and Elementum use Neo4j to unlock business value from data relationships.
Neo Technology, creator of 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 regional offices in Sweden, UK, Germany, France and Malaysia. For more information, please visit .
(1) TechValidate, TVID: 179-D9D-483, January 7, 2015
(2) TechRadar: Enterprise DBMS, Q1 2014. Forrester Research. February 13, 2014.
(3) Gartner, –IT Market Clock for Database Management Systems, 2014,– by Donald Feinberg and Nick Heudecker, September 22, 2014.
Tanya Carlsson
Kulesa Faul for Neo Technology, Inc
1-707-529-6139
You must be logged in to post a comment Login