Announcing Neo4j Aura, the World’s Most Powerful Graph Database in the Cloud
Neo4j brings the graph database trusted by over 75% of the Fortune 100 to SMBs
Unlike other graph and traditional relational databases, Neo4j is built from the ground up to leverage the value of connections in data. Thus, it delivers unparalleled query performance across large, complex datasets.
Neo4j Aura lets users take advantage of the most popular graph database via a frictionless service in the cloud. Neo4j Aura is the ideal database as a service for understanding how people, processes, locations and systems are interrelated.
Neo4j Aura is designed to serve the needs of small and medium businesses, departmental projects and individual developers.
Data practitioners focus on building their rich graph-powered applications, leaving the day-to-day management of their database to the same engineers who built the world’s leading graph database.
Emil Eifrem, CEO and Co-Founder of Neo4j, explained how Neo4j Aura broadens the appeal of the company’s game-changing contribution to enterprise data architecture.
“Neo4j was founded with a mission to help the world make sense of data,” Eifrem said. “The obvious next step in advancing that mission is Neo4j Aura.
“We wanted to address the practical concerns of individual developers and small to mid-size businesses, making graph technology accessible to all. Instead of worrying about operating a database, practitioners can focus on innovating. We’ve just made it simple for anybody to get started with a graph database.”
Minka CTO Tomislav Biscan spoke about how his team along with the ACH Colombia team have been modernizing Colombia’s ACH (automatic clearing house) payments system. Minka uses Neo4j Aura to store transaction data for Transferencias Ya , the country’s state-of-the-art payment system. Transferencias Ya currently handles the real-time payments for eight of Colombia’s banks with plans to onboard all 27 banks to handle 300 transactions per second.
“Neo4j Aura is part of the robust transaction processing system that underpins Transferencias Ya, used to store transaction records and references to maximize efficiency and ensure funds transfers happen in real time,” said Biscan. “Because Neo4j Aura is fully managed, it takes care of day-to-day operations of running a graph database such as backups and cluster management. The fact that Aura assures data durability with guaranteed ACID transactions is of paramount importance for building trust among Transferencias Ya users.”
Stephen O’Grady , Principal Analyst with RedMonk shared his observations on the broader market.
“With the appetite for managed database services dramatically accelerating in today’s market, expectations are high. Database-as-a-Service (DBaaS) offerings need to be easy for developers and other practitioners to use, while providing the scalability, performance and security that is required by enterprise adopters,” said O’Grady.
