We explained the market situation of graph database, and now we will go forth explaining why graph database is a necessity.
See Link ‘Graph Database Market Status’
The three main reasons are, first, changes in the market environment, second, changes in customer’s needs, and third, the change of roles within the organization.
1. Changes in the Market Environment
The quality and quantity of devices like the smartphone are on the rise and is expected to be more diversified and grow in capacity in the future. Therefore, companies that are able to efficiently analyze and respond to the market will be at an advantage.
“Amazon”, America’s largest online shopping mall increased their sales revenue by putting graph database to good use. They were able to make this accomplishment by making timely and relevant recommendations to consumers.
2. Changes in Customer’s needs
Customers are now demanding a more convenient real-time service. Therefore, companies need to provide a suitable analysis. “Facebook” and “Twitter”, two major Social Medias, have provided improved services by using graph database.
3. Changes of Roles within the Organization
As data collecting, analyzing, and processing increases in frequency within organizational operations, graph database has become not only relevant to engineers but also requires management and others to participate. “Goodstart Genetics”, a company specializing in genetic analysis, created and used a logical model using graph database without any additional help from engineers.
As a result of the continually changing business needs, companies can become more flexible, responding and adapting in a quick matter.
BITNINE GLOBAL INC., THE COMPANY SPECIALIZING IN GRAPH DATABASE
비트나인, 그래프 데이터베이스 전문 기업