TMCnet News
Neo4j Announces Collaboration with Microsoft to Advance GenAI and Data SolutionsNeo4j native integrations with Microsoft Fabric and Microsoft Azure OpenAI Service unify data management, improve accuracy, and reduce hallucination in AI applications SAN MATEO, Calif., March 26, 2024 /PRNewswire/ -- Neo4j®, a Graph Database and Analytics leader, announced a collaboration with Microsoft to deliver a unified data offering that addresses customers' critical data needs for Generative AI (GenAI). Specifically, the collaboration will see Neo4j's powerful graph capabilities natively integrated into Microsoft Fabric and Microsoft Azure OpenAI Service to seamlessly combine structured and unstructured data, and enable customers to uncover hidden patterns and relationships within their data for better insights and decision-making, all as part of a comprehensive solution. "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 enterprise," predicts Gartner® in its Emerging Tech Impact Radar: Data and Analytics November 20, 2023 report. 1Gartner also notes, "The ability to discover and document data use cases and help build knowledge graphs out of data uses is becoming a vital capability. It is the first step to resolving fragmented data management issues by enabling a GenAI-augmented data fabric," in its January 23, 2024 report titled Innovation Insight: How Generative AI is Transforming Data Management Solutions. Azure OpenAI Service enables businesses to use advanced AI models and tools that unlock the full potential of their data. Microsoft Fabric is an AI-powered analytics platform that enables everything from data movement to data science, real-time analytics, and business intelligence. Customers benefit from the integration of Neo4j's graph database within Azure OpenAI and Microsoft Fabric in the following ways:
Neo4j's Azure OpenAI Service integration is generally available now. The integration of Neo4j's graph database into Microsoft Fabric will be generally available later this year. Neo4j also announced the general availability of Neo4j's fully managed graph database offering AuraDB on Azure Marketplace, giving developers a frictionless, fast-start experience on generative AI. Azure Marketplace offers thousands of industry-leading software and services that are certified and optimized on Azure. For more information about Neo4j's collaboration with Microsoft, read our blog post or visit the Neo4j booth #307 at Microsoft FabCon, March 26-28. Supporting quotes Srinivas Suravarapu, CEO, ScribeStar Sudhir Hasbe, Chief Product Officer, Neo4j Arun Ulag, CVP, Azure Data, Microsoft 1GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. About Microsoft Microsoft (Nasdaq "MSFT" @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more. About Neo4j Neo4j, the Graph Database & Analytics leader, helps organizations find hidden relationships and patterns across billions of data connections deeply, easily and quickly. Customers leverage the structure of their connected data to reveal new ways of solving their most pressing business problems, from fraud detection, customer 360, knowledge graphs, supply chain, personalization, IoT, network management, and more – even as their data grows. Neo4j's full graph stack delivers powerful native graph storage with native vector search capability, data science, advanced analytics, and visualization, with enterprise-grade security controls, scalable architecture and ACID compliance. Neo4j's dynamic open-source community brings together over 250,000 developers, data scientists, and architects across hundreds of Fortune 500 companies, government agencies and NGOs. Visit neo4j.com. Contact: ©2024 Neo4j, Inc., Neo Technology®, Neo4j®, Cypher®, Neo4j Bloom™, Neo4j Graph Data Science Library™, Neo4j® Aura™, and Neo4j® AuraDB™ are registered trademarks or a trademark of Neo4j, Inc. All other marks are owned by their respective companies. SOURCE Neo4j |