Make Smarter Decisions Analyzing a Knowledge Graph Built With Memgraph
Blog post from Memgraph
In an era where data storage is less of an issue than effectively utilizing that data, knowledge graphs have emerged as a vital tool for uncovering hidden insights. Google popularized the concept a decade ago, and now companies use knowledge graphs and graph databases to infer new knowledge from dispersed data silos. Memgraph, an in-memory graph database, enhances performance by storing data in memory, eliminating the need for data transfer from disk to memory, and offers a library of graph analytics algorithms for pattern recognition and relationship exploration. Memgraph's Advanced Graph Extensions (MAGE) library provides pre-built algorithms like PageRank and descendants to analyze dependencies without extensive coding. Dynamic algorithms efficiently handle real-time data changes, recalibrating analytics quickly. Memgraph supports custom analytics development using Python, C++, or Rust, and allows users to analyze specific graph sections, enhancing flexibility. Visualizations in Memgraph Lab further facilitate the synthesis of complex information, helping companies make informed strategic decisions by leveraging interconnected data insights.