GlobeNewswire by notified

TigerGraph Welcomes Former Neo4J Global Customers; Adds Industry Leader and Trailblazer to its Executive Team and Announces Fall Graph + AI Summits

Share

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.

Helpful Links

About TigerGraph
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
Cathy Wright
Offleash PR for TigerGraph
tigergraph@offleashpr.com
650-678-1905

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified 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 by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Oxurion Receives Transparency Notification from Atlas Special Opportunities LLC28.3.2024 19:00:00 CET | Press release

Oxurion Receives Transparency Notification from Atlas Special Opportunities LLC Leuven, BELGIUM – March 28, 2024 – 07:00 PM CET Oxurion NV (Euronext Brussels: OXUR), a biopharmaceutical company headquartered in Leuven, today announced that, pursuant to Belgian Transparency legislation1 it has received transparency notifications as follows: Oxurion received a transparency notification on March 27, 2024, from Atlas Special Opportunities, LLC indicating that as of March 19, 2024, it held 0 (zero) shares of the then outstanding 5,753,951,723 shares, and therefore crossed below the threshold (3%) by virtue of the sale of voting securities. See Annex 1. About Oxurion Oxurion (Euronext Brussels: OXUR) is engaged in developing next-generation standard of care ophthalmic therapies for the treatment of retinal disease. Oxurion is based in Leuven, Belgium. More information is available at www.oxurion.com. Important information about forward-looking statements Certain statements in this press rele

C.K. McWhorter: Running to a Solution Of Equality and Sustainability28.3.2024 18:48:29 CET | Press release

MIAMI, March 28, 2024 (GLOBE NEWSWIRE) -- In a groundbreaking endeavor, C.K. McWhorter, renowned for his pioneering spirit in luxury and finance, is embarking on a transformative journey to reshape the narrative of desirability. By harnessing the allure of luxury, McWhorter aims to catalyze a paradigm shift towards equality and sustainability, ensuring that these principles become the most coveted and revered ideals worldwide. With a profound understanding of the power of influence, McWhorter recognizes that luxury sets the standard for aspiration and desire. Leveraging this influence, he seeks to redefine what it means to truly desire and value, shifting the focus from just material possessions to ethical principles that benefit humanity and the planet. "Luxury has long been synonymous with opulence and exclusivity, but it's time for us to redefine its meaning," says McWhorter. "True luxury is in equality and sustainability – in knowing that our desires are aligned with values that up

Multitude Group Annual Report 2023 published - on track for substantial profitable growth in 2024 and beyond28.3.2024 18:30:00 CET | Press release

Multitude Group Annual Report 2023 published - on track for substantial profitable growth in 2024 and beyond Guidance for 2023 achieved: EBIT plus 44.8% to EUR 45.6 million Revenue up 8.5 % to EUR 230.5 millionNet profit jumped to EUR 16.4 million, basic earnings per share amount to EUR 0.51 Loans to customers and debt investments increased by 20.8% to EUR 638.1 million, impaired loan coverage ratio decreased to 16.6%Dividend proposal of EUR 0.19 per shareStrong confidence for outlook: 2024: EBIT guidance of EUR 67.5 million Mid-term 2026: net profit growth to EUR 30 million Helsinki, 28 March 2024 – Multitude SE, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude”, “Company” or “Group”) announces that the Group's Annual Report, Corporate Governance Statement and Remuneration Report for the financial year ended 31 December 2023 have been

NOTICE TO CONVENE MULTITUDE SE’S ANNUAL GENERAL MEETING OF SHAREHOLDERS28.3.2024 18:30:00 CET | Press release

NOTICE TO CONVENE MULTITUDE SE’S ANNUAL GENERAL MEETING OF SHAREHOLDERS Notice is given to the shareholders of Multitude SE (Company) that the Annual General Meeting of the Company is to be held on 25 April 2024 at 10:00 a.m. (EEST / Finnish time) at the offices of Castrén & Snellman Attorneys Ltd, Eteläesplanadi 14, Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets will start at 9:30 a.m. (EEST / Finnish time). Shareholders may also exercise their voting rights by voting in advance. Instructions concerning advance voting are provided in Section 3.4 of this notice. It will not be possible to participate in the meeting or follow the meeting via an online stream or otherwise in real time by the use of telecommunication connections or technical means. The meeting will be held in the English language. 1 MATTERS ON THE AGENDA OF THE GENERAL MEETING OF SHAREHOLDERS At the General Meeting of Shareholders, the following matte

Sword Group: NOTICE OF CONVOCATION TO THE SHAREHOLDERS FOR THE ANNUAL ORDINARY GENERAL MEETING OF THE COMPANY28.3.2024 18:00:00 CET | Press release

General Meeting on April 29, 2024, at 11:00 am at the registered office to deliberate on the following agenda: Under the authority of the General Meeting acting under the quorum and majority conditions of an Ordinary General Meeting: - Reading of the management report of the Board of Directors including the group management report and feedback on the conclusion of agreements referred to in article L.441-7 of the amended law of August 10, 1915, for the financial year ended December 31, 2023; - Reading of the report of the approved statutory auditor on the 2023 annual accounts, the group's consolidated financial statements, and on the execution of its mission; - Approval of the statutory accounts as of December 31, 2023; - Approval of the consolidated accounts as of December 31, 2023; - Allocation of the statutory exercise results as of December 31, 2023; - Discharge to the directors for their management for the financial year 2023; - Renewal of Mr. Jacques Mottard's director term; - Ren

HiddenA line styled icon from Orion Icon Library.Eye