Recognition of graph database and a technology paradigm shift
As of 2018, Asia accounts for 18.2% of the global GraphDB market, smaller than the U.S. and European countries, but shows the largest annual rate of increase at 28.3%. Therefore, the development of IT infrastructure and the value of small and medium-sized GraphDB companies in Asia appear to be higher than the expected value of companies on other continents.
< Graph database market share and the rate of increase (2018) >
Insight into product innovation according to a change in the market
Currently, the GraphDB market is gradually expanding in line with the development of technologies based on the market demands of companies and it is expected to grow into $2.4 billion globally by 2023. Therefore, Saltlux has reinforced its response to the market by establishing internal solutions and systematizing customized solutions.
< Growth of the graph database market and market growth according to technology conversion >
The GraphDB Suite embeds the analysis function that automatically converts correlations between data into a knowledge graph structure, and saves and uses such knowledge graph structures immediately for analysis in order to use and manage various and massive big data. Also, the GraphDB Suite is the best product that enables the generation, management and intelligent analysis (prediction and reasoning) of the best knowledge graph data, and provides functions such as data integration, risk management, content recommendation, data opening, and large-scale reasoning, using add-on packages selectively, according to the particular business environment.
< Conceptual diagram of GraphDB Suite >
The GraphDB Suite provides the environment for establishing the multi data integration service, data prediction and diagnosis service, linked open data service, and large-scale knowledge graph establishment service.
< Block diagram of GraphDB Suite >
The GraphDB Suite provides all functions corresponding to the lifecycle of graph data covering the conversion functions to convert data into graph data, graph data storage, graph data-based Geodata analysis, knowledge network analysis, graph data open functions, and visualization and operation management.
< Main function by phase >
The GraphDB Suite selects and applies an optimized solution according to the business environment. The business environment depends significantly on data inflow speed and data volume possessed by a company or an organization, and technological difficulties in the establishment of a knowledge base also vary according to the service type. The GraphDB Suite is the best solution that creates a new market based on graph data, finds a customer and raises the customer’s economic value by satisfying the customer’s needs and providing optimized services.
Major Competitive Characteristics
The GraphDB Suite is the first domestic product which combines Knowledge graph-based and AI-based services (customer consultation service, AI speaker, Q&A service, etc.). The GraphDB Suite is a platform that provides all necessary functions for graph data conversion, integration, storing, reasoning/query, analysis, management and utilization in the one framework.