TigerGraph Welcomes Former Neo4J Global Customers; Adds Industry Leader and Trailblazer to its Executive Team and Announces Fall Graph + AI Summits
REDWOOD CITY, Calif., Aug. 19, 2021 (GLOBE NEWSWIRE) -- TigerGraph, provider of the leading graph analytics platform, today announced that Dr. Jay Yu, a Distinguished Engineer, Architect and Director leading Intuit's Knowledge Graph projects, will join the company as Vice President of Product Innovation for TigerGraph’s San Diego Innovation Center. In addition to bringing on recognizable figures in the graph industry, the company is also attracting Neo4j global customers that have abandoned its technology to move into the future with TigerGraph; many of which will present at this fall’s Graph + AI Summit, the only open industry conference for accelerating analytics and AI with graph algorithms.
Dr. Yu comes to TigerGraph with experience spanning over 18 years at Intuit, where he led the Financial Knowledge Graph project, built a center of excellence and drove the adoption of the graph technology for large-scale commercial use cases. Dr. Yu will serve as the Vice President of Product Innovation and GM at the San Diego Innovation Center for TigerGraph. He holds 28 granted patents and a Ph.D. in Computer Science from University of Wisconsin, Madison with a focus on scalable distributed database systems.
“Every company is graphing, and the innovators are reaping massive benefits as they introduce it into their business,” said Dr. Yu Xu, CEO at TigerGraph. “We are thrilled to add tech pioneer Dr. Jay Yu to the TigerGraph executive team. Dr. Yu will lead the development of applications that empower the business users to experience the power of graph without having to get under the hood. When a Tesla or a Porsche accelerates, customers feel the power and enjoy the experience without knowing the engineering. Our vision is to bring that same customer experience to analytics.”
“When the opportunity presents itself to join TigerGraph, I did not hesitate as I am passionate about advancing the graph technology and I can’t wait to work with the most innovative and cutting-edge technology pioneers in the industry,” said Dr. Yu. “I’m excited to join the TigerGraph leadership team to grow the company to the next level, creating better customer outcomes and additional business value. I look forward to building out the San Diego Innovation Center to attract the top talent and to accelerate product and technology innovation on top of the existing TigerGraph offerings, already the most scalable graph technology proven in production by Fortune 500 companies.”
Global Businesses of All Sizes Move off Neo4J to Power their Digital Transformation
TigerGraph is seeing explosive growth in its customer-base as Neo4J customers continue to accelerate their digital transformation journey with the power of TigerGraph technology. Thus far, customers of all sizes and across the globe have seen immediate benefits:
Series F unicorn Gojek, valued at $10B+, replaced Neo4J with TigerGraph and immediately saw how TigerGraph outperformed Neo4J in the following areas:
- Data loading - TigerGraph reached up to 1.5 million created nodes per second for large graphs, about 70x more efficient than Neo4J;
- Query execution - With a medium-sized graph (82.7 million vertices/business objects, 218 million relationships) TigerGraph finished four-hop queries in 30 minutes. However, Neo4j failed to produce any results for the same four-hop queries after 10 hours;
- Visualization - TigerGraph’s GraphStudio offers a lot more functionality and superior user experience when it comes to graph explorations and query management than Neo4j’s desktop.
According to Gartner, by 2025 graph technologies will be used in 80% of data and analytics innovations, up from 10% in 2021, facilitating rapid decision making across the organization.
Graph is highly effective at assessing risk and supports rapid response to changes in the data. Other innovators include:
- Jaguar Land Rover: added over £100M to its profit as they were able to identify issues in their supply chain and respond in minutes with TigerGraph, compared to 3 weeks with RDMS.
- Exact Sciences: leader in cancer testing: selected TigerGraph to improve its understanding of its customers to reduce churn and provide better next best action. TigerGraph is pulling data from Snowflake and other SQL sources to connect, link and analyze the data.
- Intuit Corporation: boosted fraud detection by 50% by combining graph and machine learning.
- The Technical University of Denmark: combined graph technology with machine learning to improve the treatment for Acute Lymphoblastic Leukemia, a type of cancer that disproportionately affects children.
Graph + AI Summit Returns in October
Due to high demand, TigerGraph will once again be hosting the industry’s largest and only open conference for accelerating analytics and AI with graph. The fall versions of Graph + AI Summit will be held in October. It will be a hybrid event, with in-person Graph + AI San Francisco on October 5, and in-person Graph + AI New York on October 19, with both the events streamed live to an estimated 10,000 virtual attendees around the world.
Graph + AI Summit Spring 2021 in April had 7,000 attendees from the Fortune 500 across 74 countries who are using graph technology to drive their businesses into tomorrow, today. Graph + AI Summit has attracted the most innovative technology companies to come and speak, including: HBO, JPMorgan Chase, IBM, Jaguar Land Rover, Pinterest, Forrester, Accenture, Intuit, KPMG, Intel, Dell, Xilinx and more technology-first and customer-centric technologies. The Graph + AI Fall 2021 roster will feature many of these thought leaders along with new speakers from the world’s largest companies across all industries. Apply to speak here.
- Graph + AI Summit
- Get TigerGraph
- TigerGraph Cloud
- TigerGraph Website
- TigerGraph Blog
- TigerGraph on Twitter
- TigerGraph on LinkedIn
TigerGraph is a platform for advanced analytics and machine learning on connected data. Based on the industry’s first and only distributed native graph database, TigerGraph’s proven technology supports advanced analytics and machine learning applications such as fraud detection, anti-money laundering (AML), entity resolution, customer 360, recommendations, knowledge graph, cybersecurity, supply chain, IoT, and network analysis. The company is headquartered in Redwood City, California, USA. Start free with tigergraph.com/cloud.
U.S. Media Contact
Offleash PR for TigerGraph
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
Novartis presents new Kisqali® data showing longest median overall survival ever reported in HR+/HER2- advanced breast cancer19.9.2021 13:30:00 CEST | Press release
With the MONALEESA-2 final analysis, only Kisqali has reported statistically significant overall survival (OS) benefit with an aromatase inhibitor for postmenopausal women with HR+/HER2- advanced breast cancer in the first-line (1L) setting2 Kisqali plus letrozole achieved median OS of over five years (63.9 months), a survival benefit of over 12 months vs. placebo plus letrozole in postmenopausal women (HR=0.76; p=0.004)2 Kisqali is the only CDK4/6 inhibitor with proven OS benefit across all three Phase III trials of the MONALEESA program with different endocrine therapy partners, regardless of menopausal status or line of therapy2-4 MONALEESA-2 OS data to be presented at ESMO Congress 2021 as a late-breaker in an oral session The digital press release with multimedia content can be accessed here: Basel, September 19, 2021 — Novartis today announced results of the final overall survival (OS) analysis of the Phase III MONALEESA-2 study, which evaluated Kisqali® (ribociclib) in combinati
Hypefactors announces launch of 4th generation Reputation AI18.9.2021 10:37:51 CEST | Press release
Copenhagen, Sept. 18, 2021 (GLOBE NEWSWIRE) -- Announcement no. 13-2021 Inside Information Copenhagen, 18. September 2021 The SaaS company Hypefactors, that delivers a unified solution for media intelligence and reputation tracking, will launch its next generation Reputation AI (artificial intelligence) on September 20, 2021. Through algorithmic advances in machine learning, as well as drastically increased data curated by a team of in-house recruited linguists with diverse language and cultural backgrounds, Hypefactors incorporates the latest scientific advances in natural language processing to deliver unprecedented accuracy, precision and automation to commercial end-users. AI-assisted reputation tracking is a core feature of Hypefactors and enables large scale tracking from social media, news websites, tv, radio and reviews across the world. These real-time reputation insights can reveal early-stage opportunities (e.g. GameStop media hype), and/or defensively as an on-going protect
Repurchase of shares in Millicom17.9.2021 23:00:00 CEST | Press release
Repurchase of shares in Millicom Luxembourg, September17, 2021 - During the period September 9, 2021 – September 15, 2021, Millicom repurchased a total of 131,559 of its Swedish Depository Receipts (SDRs), hereinafter referred to as shares within the framework of the repurchase program announced on July 29, 2021, details of which are shown in the table below. DateNumber of shares repurchasedWeighted average repurchaseprice (SEK) excluding commissionsTotal daily transaction value (SEK), excluding commissions 09/09/2021 15,000 322.6863 4,840,294.50 10/09/2021 30,000 322.1097 9,663,291.00 13/09/2021 17,974 322.3942 5,794,713.35 14/09/2021 15,725 321.5394 5,056,207.07 15/09/2021 52,860 314.4509 16,621,874.57 All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom. Following the purchases, as of September 15, 2021, Millicom holds 792,425 treasury shares. The total number of shares outstanding in Millicom is 101,739,217. The repurchase pro
Palette Life Sciences lanserar ny varumärkeswebbplats med USA:s portfölj17.9.2021 18:09:14 CEST | Pressemelding
Varumärkesuppdatering för USA och globala kommersiella produkter för behandling av ouppfyllda medicinska behov SANTA BARBARA, Kalifornien och STOCKHOLM, Sverige, Sept. 17, 2021 (GLOBE NEWSWIRE) -- Palette Life Sciences, ett helt integrerat globalt företag inom biovetenskap som arbetar för att förbättra patientutfall, lanserade idag sin nyligen uppdaterade webbplats Palettelifesciences.com. Webbplatsen har ett uppdaterat företagsvarumärke som stöder alla produkter i Palette Life Sciences-portföljen, och som fokuserar på minimalt invasiva behandlingar inriktade på ouppfyllda medicinska behov vid strålbehandling och interventionella onkologiska ingrepp, urologiska/urogynekologiska sjukdomar och kolorektala tillstånd. ”Vi inom Palette är stolta över vår förstklassiga produktportfölj som ger hopp åt dem med ouppfyllda medicinska behov”, säger Per G. Langö, Chief Executive Officer och Board Director för Palette Life Sciences. ”När vi bytte varumärke på vår webbplats övervägde vi hur vi bäst
Prosafe SE: bp charters Safe Zephyrus in 202217.9.2021 17:40:15 CEST | Press release
BP Exploration Operating Company Limited ('bp') has chartered the Safe Zephyrus to provide gangway connected operations to support the Seagull project at the ETAP central processing facility in the UK North Sea. The firm duration of the contract, starting Q1 2022, is 10 months with up to four months of options. The Safe Zephyrus is one of the world's most advanced and versatile accommodation vessels, complying with stringent rules in both UK and Norway and with a strong focus on reducing emissions by optimising the engine load. The value of the contract firm duration is USD 35.5 million, and the firm duration including options value is USD 49.3 million. Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com 17 September 2021 Prosafe SE For further information, please contact: Jesper K. Andresen, CEO Phone: +47 51 65 24 30 / +47 907 65
CONDITIONS FOR RIKSBANK REVERSED AUCTIONS SEK COVERED BONDS17.9.2021 16:20:00 CEST | Press release
Bid procedure, 2021-09-23BondsSWEDBANK HYPOTEK AB: 192. SE0010133207. 2023-03-15 STADSHYPOTEK AB: 1591, SE0013882644, 2026-06-01 SWEDISH COVERED BOND: 146, SE0013381571, 2025-06-11 SKANDINAVISKA ENSKILDA: 581, SE0013102043, 2026-12-16 LANSFORSAKRINGAR HYPOTEK: 520, SE0014694659, 2027-09-15 DANSKE HYPOTEK AB: 2312, SE0011116474, 2023-12-20 NORDEA HYPOTEK AB: 5536, SE0013358439, 2026-09-16 Bid date2021-09-23Bid times09.00-10.00 (CET/CEST) on the Bid dateRequested volume (corresponding nominal amount)192: 400 mln SEK +/-200 mln SEK 1591: 1900 mln SEK +/-950 mln SEK 146: 700 mln SEK +/-350 mln SEK 581: 500 mln SEK +/-250 mln SEK 520: 600 mln SEK +/-300 mln SEK 2312: 500 mln SEK +/-250 mln SEK 5536: 400 mln SEK +/-200 mln SEK Highest permitted bid volume (corresponding nominal amount)192: 400 mln SEK per bid 1591: 1900 mln SEK per bid 146: 700 mln SEK per bid 581: 500 mln SEK per bid 520: 600 mln SEK per bid 2312: 500 mln SEK per bid 5536: 400 mln SEK per bid Lowest permitted bid volume (co
CONDITIONS FOR RIKSBANK REVERSED AUCTIONS SEK GOVERNMENT BONDS17.9.2021 16:20:00 CEST | Press release
Bid procedure, 2021-09-24BondsSWEDISH GOVERNMENT: 1056. SE0004517290. 2032-06-01 SWEDISH GOVERNMENT: 1053, SE0002829192, 2039-03-30 Bid date2021-09-24Bid times09.00-10.00 (CET/CEST) on the Bid dateRequested volume (corresponding nominal amount)1056: 500 mln SEK +/-250 mln SEK 1053: 750 mln SEK +/-350 mln SEK Highest permitted bid volume (corresponding nominal amount)1056: 500 mln SEK per bid 1053: 750 mln SEK per bid Lowest permitted bid volume (corresponding nominal amount)SEK 50 million per bidExpected allocation timeNot later than 10.15 (CET/CEST) on the Bid dateDelivery and payment date2021-09-28Delivery of bondsTo the Riksbank's account in Euroclear Sweden AB's securities settlement system 1 4948 6383 Stockholm, 2021-09-17 This is a translation of the special terms and conditions published on www.riksbank.se. In the case of any inconsistency between the English translation and the Swedish language version, the Swedish language version shall prevail. Complete terms and conditions c