OAKLAND, Calif., Feb. 20, 2020 /PRNewswire-PRWeb/ -- Franz Inc., an early innovator in Artificial Intelligence (AI) and leading supplier of Semantic Graph Database technology for Knowledge Graph Solutions, today announced that leading industry analyst firms and top data management publishing firms have recognized Franz and the company's flagship product AllegroGraph as Knowledge Graph solution leader. Fortune 500 companies rely on Franz's technology expertise as the Graph Database and Knowledge Graph solution market is positioned to explode.
Gartner recently stated, "The application of graph processing and graph databases will grow at 100 percent annually through 2022 to continuously accelerate data preparation and enable more complex and adaptive data science." To that end, Gartner named graph analytics as a "Top 10 Data and Analytics Trend" to solve critical business priorities. (Source: Gartner, Top 10 Data and Analytics Trends, November 5, 2019).
"Graph databases and knowledge graphs are now viewed as a must-have by enterprises serious about leveraging AI and predictive analytics within their organization," said Dr. Jans Aasman, CEO of Franz Inc. "We are working with organizations across a broad range of industries to deploy large-scale, high-performance Semantic knowledge graphs that serve as the foundation for AI-driven applications for personalized medicine, predictive call centers, digital twins for IoT, predictive supply chain management and domain-specific Q&A applications – just to name a few."
Forrester Shortlists AllegroGraph
AllegroGraph was shortlisted in the February 3, 2020 Forrester Now Tech: Graph Data Platforms, Q1 2020 report which recommends that organizations "Use graph data platforms to accelerate connected-data initiatives." Forrester states, "You can use graph data platforms to become significantly more productive, deliver accurate customer recommendations, and quickly make connections to related data."
Bloor Research Positions AllegroGraph as a Champion
AllegroGraph is positioned as a Champion in the Bloor Research Graph Database report, which describes AllegroGraph as a "highly secure, semantic graph database that includes a wealth of features, including distributed deployment and querying, multi-modal ingestion, multi-master replication, AI and machine learning, and natural language processing." (Source: Bloor Research, Graph Databases, Updated December 13, 2019)
The Bloor Research report explains that AllegroGraph also "functions as a document store with content search and full document retrieval capabilities. It automatically links structured RDF data to information within documents based on semantic concepts, allowing users to perform graph analytics across linked data within databases, document stores and CSV files. It supports property graphs and integrates with a wide variety of data science tools."
DBTA Selects AllegroGraph as a 2020 Trend Setting Product
AllegroGraph was named to The 2020 Trend Setting Products in Data Management by Database Trends and Applications (DBTA). The DBTA Trend-Setting Products for 2020 recognizes products in the marketplace that are both innovative and effective in helping customers address evolving challenges and opportunities.
"The world of data management and analytics continues to evolve rapidly with new technologies and strategies," remarked Thomas Hogan, Group Publisher of Database Trends and Applications. "Cutting through the hype and identifying products that deliver results in the real world is more important than ever. This list highlights products that are truly transformative in bringing greater agility, efficiency and innovation to market."
Franz Knowledge Graph Technology and Services
Franz's Knowledge Graph Solution includes both technology and services for building industrial strength Knowledge Graphs based on best-of-class tools, products, knowledge, skills and experience. At the core of the solution is Franz's graph database technology, AllegroGraph, which is utilized by dozens of the top F500 companies worldwide and enables businesses to extract sophisticated decision insights and predictive analytics from highly complex, distributed data that cannot be uncovered with conventional databases.
Franz delivers the expertise for designing ontology and taxonomy-based solutions by utilizing standards-based development processes and tools. Franz also offers data integration services from siloed data using W3C industry standard semantics, which can then be continually integrated with information that comes from other data sources. In addition, the Franz data science team provides expertise in custom algorithms to maximize data analytics and uncover hidden knowledge.
About Franz Inc.
Franz Inc. is an early innovator in Artificial Intelligence (AI) and leading supplier of Semantic Graph Database technology with expert knowledge in developing and deploying Knowledge Graph solutions. The foundation for Knowledge Graphs and AI lies in the facets of semantic technology provided by AllegroGraph and Allegro CL. The ability to rapidly integrate new knowledge is the crux of the Knowledge Graph and Franz Inc. provides the key technologies and services to address your complex challenges. Franz Inc. is your Knowledge Graph technology partner.
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SOURCE Franz Inc.
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