Assertion Not checkable as stated
Eifrem: Neo4j powers 99% of all flight ticket route calculations
“99% of all flight ticket calculations, so which route should I go from point A to point B when I fly from Paris to New York? Is that a direct flight or connecting Heathrow? Like, how do I get there, right? Is done with Neo for J. 99% of our airfare.”
Assertion Partly supported
Eifrem: Only 5 modern NoSQL database companies have crossed $100M ARR
“There's five database companies that have crossed a hundred million, right, of the, kind of the, let's call it the NoSQL crowd, or like modern operational database companies. It's, You know, Mongo, and then it's us and Redis. We're on that kind of Mongo path. …”
Assertion Supported
Eifrem: Neo4j is frequently 1,000 times faster for connected data queries
“We've optimized every layer in the stack of the database architecture completely around connected data. We're not built on top of a different database or anything. It's a native architecture. And that means that if you want to query along how things are connec…”
Prediction Not checkable as stated
Eifrem: Graph databases could become a $20B to $40B market
“Databases is the biggest market in all enterprise software. It'll soon be a hundred billion dollar market. I think graph databases can be a significant chunk of that, 20, 30, forty billion dollar, right?”
Assertion Supported
Eifrem: Neo4j's 2021 funding round valued the company over $2B
“We raised this round, you know, last summer, and it's the first time that we went out with some numbers, like the valuation for the first time, which was north of north of two billion. And there's actually the largest round in database history, right?”
Assertion Partly supported
Eifrem: GQL standard query language is 98% identical to Cypher
“For the first time ever, In the history of databases, the SQL committee looked at Cypher, looked at graph databases, and then said, you know what? This category is here to last. This is an actual sibling to SQL, and they created the GQL query language, which i…”
Assertion Not checkable as stated
Eifrem: Over 75% of Fortune 100 companies use Neo4j
“Over 75% of the Fortune 100 are using NeoFj today, so all 20 of the biggest banks in North America, all 20 of them are using NeoFj, seven of the 10 The biggest retailers in the world are using NeoFj for the five biggest, biggest telcos.”
Assertion Not checkable as stated
Emil Eifrem: Over 85% of Neo4j's ARR originates with individual practitioners
“Over 85% of our ARR back then, and still true today, originate with an individual practitioner.”
Assertion Supported
Eifrem: Neo4j crossed $100M ARR in 2021
“We crossed a hundred million ARR, you know, in, you know, last year.”
Insight
Eifrem: Detecting normal-looking fraud rings requires graph databases
“What it won't capture is that what if you have a number of transactions that are all within this band of what's normal, but they're connected in fraudulent ways, like a fraud way. Like the only way you can find that is if you can operate and connect the data, …”
Assertion Not checkable as stated
Eifrem: Physical goods supply chains are frequently 20 to 30 hops deep
“Any company that is producing physical goods is tapping into this global supply chain spanning continent to continent, right? That is frequently 20, 30 hops deep.”
Assertion Supported
Eifrem: Cypher is the most popular graph database query language
“Cypher is the most popular graph database query language.”
Insight
Eifrem: Successful category creation requires attracting major tech incumbents as competitors
“What does success look like? 10 years down the line, what does success look like? Well, success looks like we have a bunch of big companies that are competing against us. That's what success looks like, right? ... That, that you have a thriving category, becau…”
Disclosure
Eifrem: Data scientists now match developers as Neo4j's primary user persona
“Today, and this happened just in the last 12 to 18 to maybe 20, at most 24 months, data scientists are an equally like as big of a persona for us as the developer. So if you look at kind of our top line metrics around kind of awareness or Visits to neo-for-day…”
Disclosure
Emil Eifrem: Neo4j never sells top-down to CIOs
“We don't sell top down ever. We don't go in and knock to see on a CIO door and sell top down.”
Assertion Supported
Eifrem: Walmart uses Neo4j for real-time customer recommendations
“Walmart is is publicly using us to do real-time recommendations, where you look at the connections between all the customers and the product that, that they've used, and match that to similar similar people, and then do that in real-time, based on purchase his…”
Assertion Supported
Eifrem: Graph databases were the fastest-growing database category for two years
“Graph databases, whilst being one of the smaller cousins of the former NoSQL phenomena, right has actually been the fastest growing category inside of all of big data, all of databases for the vast majority of the past two years.”
Assertion Not checkable as stated
Neo4j ran a social network graph query 1,000 times faster than MySQL
“We ran that in MySQL, and that was a 2000 millisecond operation. 2000 millisecond operation. In Neo-for-J, that was a two millisecond operation. So it's a thousand times faster.”
Assertion Not checkable as stated
Neo4j maintained 2ms query latency when scaled to 1,000,000 users
“It's added a million people and 50 friends on average, so, you know, twenty-five million total connections. Grab two people on random, and check to see, and it's a two, still a two millisecond operation in, in Neo-for-J.”
Assertion Not checkable as stated
Eifrem: Neo4j saved Christmas 2012 deliveries for a major European courier
“So we saved Christmas for a major country in Europe in 2012.”
