REDWOOD CITY, Calif. 27 October, 2021 –TigerGraph, provider of a graph analytics platform, announced it is collaborating with Hewlett Packard Enterprise (HPE) and Xilinx, Inc. on a solution to make graph analytics capabilities more accessible for enterprises to accelerate insight while reducing costs and resources.
The bundled solution, which is comprised of HPE ProLiant servers using Xilinx accelerator cards and TigerGraph’s native parallel graph database, delivers 48x faster time-to-insight and an 18% boost in accuracy, providing more effective real time analytics for things like fraud detection, customer360, and supply chain optimisation in manufacturing. Now any company can easily load, process, and analyse massive amounts of data in real-time to find key relationships within data and realise the full transformative potential of graph analytics.
“We’re excited to collaborate with HPE and Xilinx both companies are renowned for constantly pushing the boundaries of technology, and the combined possibilities are endless,” says Dr. Jay Yu, vice president of product innovation, TigerGraph. “The joint solution enables companies to make discoveries that derive value from the vast amount of data within their organisations. The simplicity, elegance, and accessibility of the solution puts graph into the hands of any organisation that wants to reap the full transformative potential of graph analytics.”
Companies in every industry from financial services and healthcare to retail and manufacturing need scalable graph technology to answer critical business questions. These key insights help businesses better understand their customers, reduce fraud risk, and optimise their global supply chains.
The ability to quickly explore, discover, and predict complex relationships within data is a major competitive differentiator for today’s businesses. The TigerGraph-HPE-Xilinx joint solution helps organisations transform structured, semi-structured, and unstructured data within massive silos into an intelligent, interconnected, and operational data network that can reveal insights that support business goals.
Together, the companies are delivering faster, deeper, and wider insights on connected data using TigerGraph’s graph analytics platform, HPE ProLiant servers that deliver performance, security and versatility, and Xilinx’s fast Alveo accelerator cards. This combined solution enables businesses to achieve the following:
- Powerful problem solving – Solve business challenges that exceed the capabilities of traditional legacy relational databases, which are complex, slow, and perform poorly when it comes to deep analytics
- Better, faster queries and analytics – Higher performance for querying related data that enables more powerful insights to drive superior business outcomes
- Enhanced machine learning and AI – Enable amplified insights into non-obvious relationships through graph analytics and machine learning
- Simpler and more natural data modeling – Assign semantic meaning to represent relationships that help businesses understand their customers, resources, and risks with actionable insights
- Reduced infrastructure costs — Offloading memory-intensive graph algorithms to Alveo reduces RAM requirements by 67%
- Improved results quality — The faster time-to-insights allows for additional iterations, improving accuracy by 18%
“We are committed to empowering our customers to gain insight from their data to reach their business outcomes,” says Krista Satterthwaite, vice president and general manager, mainstream compute, compute business group, HPE. “Together with TigerGraph and Xilinx, we have a powerful combined solution that offers every data-driven organisation the ability to harness the power of graph technology to analyse and act on data to unlock value faster available through the HPE GreenLake edge-to-cloud platform for an agile cloud experience with the security, governance, and visibility of on premise.”
The partnership announcement is yet another market indicator that graph is going mainstream and becoming a “must-have” technology for modern enterprises. 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 organisation.” Graph has become a critical technology for modern enterprises across nearly every industry including Healthcare, Manufacturing, Financial Services, Advertising, Media & Entertainment, and more.
“The combination of Xilinx’s speed, HPE’s compute platforms, and TigerGraph’s massive graph scale results in rapid acceleration and 48x performance gains on key workloads,” says Freddy Engineer, corporate vice president and general manager, Data Centre Group, Xilinx. “Xilinx is pushing the limits to ensure we deliver the most dynamic processing technology, and this technology collaboration provides a market-leading solution that will translate to bottom-line business benefits for many organisations.”
For more details on the joint solution, click here.
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October 28, 2021 at 06:20AM by Anasia D'mello, Khareem Sudlow
