We are happy to share some insights about Neo4j drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements.
We recently published three Ventana Research 2023 Data Platforms Value Indexes, which evaluate technology vendors and products that provide individual and combined analytic and operational data platform support. At Ventana Research, we continue to believe that, for most use cases, there is a clear choice between analytic and operational data platforms to best meet your organization’s needs. We developed three technology assessment and buyers’ guides to focus on overall data platform requirements as well as specific analytic data platform and operational data platform use cases.
In all of our Value Indexes, we utilize a structured research methodology built on evaluation categories designed to reflect real-world criteria and derived from RFP responses and a vendor selection process for analytics and business intelligence. For each of the Value Indexes, we evaluated Neo4j and other vendors in seven categories: five relevant to the product — Adaptability, Capability, Manageability, Reliability and Usability — and two related to the vendor — TCO/ROI and Validation. To arrive at the Value Index rating for a given vendor, we weighted each category to reflect its relative importance in an RFP process, with the weightings based on our experience and on data derived from our market research, including our Benchmark Research on Analytics and Data.
Neo4j was founded in 2007. The company’s Neo4j Graph Database enables native storage of data using a property graph model in which entities, values and the relationship between them are stored as edges, nodes and attributes. Neo4j’s AuraDB is a managed-cloud service designed to facilitate adoption, and they have also expanded offerings to data scientists with the introduction of Neo4j Graph Data Science and Neo4j AuraDS. As Neo4j is focused specifically on operational data workloads, it was only included in our Operational Data Platforms Value Index.
Neo4j was categorized as a Vendor of Merit in the Operational Data Platforms Value Index, ranking 15th overall in this Value Index evaluation. It ranked 15th in Product Experience, where it ranked best in the Reliability category. It ranked 17th in Customer Experience and ranked best in the Validation category. Its overall performance was impacted by its lower rankings in the Usability, Manageability and TCO/ROI categories, which represent 30% of the weighting in the overall Value Index.
Our assessment finds that Neo4j could perform better by examining its placement as 18th in Reliability in the area of scalability. In Capability, where it ranked 16th, it could examine database administrator and data architect functionality.
This assessment was based on Neo4j’s data platform products generally available as of September 30, 2022.
Organizations should evaluate their data platform requirements for operational and analytic workloads to ensure the existing products and vendors are meeting their needs. If their current data platforms are not satisfying those requirements, they should consider whether Neo4j can help meet their needs.
This research-based index is the most comprehensive assessment of the value of data platforms in the industry. Technology buyers can learn more about how to use our Value Index by clicking here and included vendors that wish to learn more can click here. Click below to read the individual reports:
Data Platforms Value Index
Analytic Data Platforms Value Index
Operational Data Platforms Value Index