Business Intelligence Solution “Data visualization”
‘Data’, which was considered less important in the past, is now becoming recognized as a key factor that determines a company’s future competitiveness. Managing today’s data creates new value by accurately predicting future business outcomes. In response to the rapidly-changing business environment, a company’s decision-making speed is accelerating and the importance of collection information and acquiring data analytics and data visualization are also increasing.
How do you create value for your business through big data ?
In order to utilize the data effectively,
Data ‘collecting-processing-analysis-visualization’ process is necessary.
Meaningful data can be distinguished through data visualization, the last step, which can be used for data-driven decision-making. Various BI solutions are used to solve companies’ needs for ‘Use of big data’.
The existing BI solution requires ‘data processing’ step because it must go through the method of storing data in structured tables to use data. With the increase of the amount of data, the needs for ‘data processing’ amount is also increasing, and thus there are inevitably limits to data velocity, volume and variety of recent business environments.
DBMS can easily manage big data and manage various types of data flexibly!
Company F solved the above issues by adopting Hybrid database AgensGraph.
Company F is a corporation based in the United States that provides data analysis tools(data visualization) that allows for intuitive visualization of ‘data’ generated from business activities without writing any code. Company F data analysis tools make it easy to analyze, search, graph and visualize the important information with drag-and-drop method. Company F provides a web-based interface that allows businesses to produce analytical results in a short time even if you are not an expert.
The existing BI solution requires the ‘data processing’ step because it must go through the method of storing data in structured tables to use data. With the increase of the amount of data, the need for ‘data processing’ also increases; thus, there are inevitably limits to data velocity, volume and variety .
To overcome these limitations, Company F works in cooperation with Company N, a leading provider of Graph Database. However, as the amount of data generated by each company increased, issues of slowing down the data rate (performance) increased, and a solution was needed.
Company F replaced the backend DBMS of the analysis solution with AgensGraph, which enabled faster data processing. With the deployment of AgensGraph, Company F can now provide faster service.
The hybrid database ‘AgensGraph’ supports both SQL and Cypher language in the same query. Company N is based on Java whereas AgensGraph is based on C/C+, as a result, the speed of query processing for AgensGraph is faster,
– Enables fast processing of large amounts of data
– Provides analytics solutions to customers using existing RDB
⇒ Sales increase (product performance improvement, market expansion)
In the era of the Fourth Industrial Revolution, the key to all decisions is ‘data’. Now, how companies manage, analyze and leverage that data will be their biggest competitive advantage. Data leads to business insights. This is the power of data.