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Franz Unveils the First Enterprise OLTP Semantic Web Database
AllegroGraph 4.0 Powers Dynamic Reasoning Critical for
CRM, Financial Services, Security, Social Networking and Telco Applications
OAKLAND, Calif. — June 16, 2010 — Franz, Inc., the leading supplier of Graph Database technology for the Semantic Web, today announced AllegroGraph 4.0, the industry’s first native RDF database with Enterprise Online Transaction Processing (OLTP) capabilities. This breakthrough in database technology allows companies to simultaneously add, query and dynamically reason over large scale semantic datasets with ACID compliance and transaction management.
“In order for Semantic Web technologies to be broadly adopted in transaction-centric and time-sensitive markets such as CRM, financial services, security, social networking and telecommunications – the ability to conduct up-to-the-minute queries across heterogeneous data sources is paramount,” said Dr. Jans Aasman, CEO of Franz, Inc. “We are proud of our technologic breakthrough and the positive impact we expect it will have on the Semantic Web industry.”
"In today's connected online world, customer-orientated business requires real-time contextual knowledge across all business channels and relevant social and competitive forces,” said Bill Guinn, CTO of Amdocs Product Enabler Group. “Semantic technologies such as Franz’s AllegroGraph database, can enable real-time, 24/7 customer insight that is both predictive and personalized for each customer. When used to power a decision engine in the transactional flow of business, cost reductions in customer care, leaps forward in customer satisfaction, and significant improvements in product uptake can result."
“Scalable, high performance and distributed knowledge bases are key to the implementation of the next generation information systems for health care and life sciences,” said Parsa Mirhaji, Director of the Center for BioSecurity and Public Health Informatics Research at University of Texas Huston. “While we are all still learning, exploring and evolving in the Semantic technologies space, the introduction of a reliable and industry strength Graph database, such as AllegroGraph 4.0 which can support real-time reasoning on large and dynamic datasets, is definitely a leap forward and has the potential to change the way we think about and architect our gateways to the future.”
“Today's leading companies have realized the incredible value locked up in their existing unstructured and structured data they are unable to exploit,” said Dr. Aasman. “This realization is driving demand for sophisticated analytics over diverse sources such as corporate email, documents, spreadsheets, customer support logs, and social networks and so on, not just from relational databases. But conducting queries across such heterogeneous data sources is impractical, if not infeasible, because of technologic limitation of traditional relational databases. With AllegroGraph 4.0, companies can easily transform and integrate unstructured and structured data and query it in real-time, providing critical intelligence for business to compete and excel.”
AllegroGraph is a modern high-performance database that continues to raise the bar in Web 3.0 database scalability. Disk-based storage allows the database to scale to billions of triples while maintaining superior performance. AllegroGraph 4.0 is an enterprise-class database with ACID transactions, full recovery, 100% read concurrency and automatic backups. The new version also includes dynamic and automatic indexing, advanced free text indexing and deletion of duplicate triples.
AllegroGraph provides users an event-based view of their datasets. Events are broadly defined as things that have particular type (i.e. financial transactions, customer purchases, and meetings), a number of actors (payee, payer, patient, terrorist), a start time, an end time and a location. Customers can use AllegroGraph 4.0 to reason about types of events; link events to companies and people through social networking algorithms; and link to events and places through a user-friendly layer of temporal reasoning rules. Event analysis is further enhanced with a geospatial engine that is as fast as specialized spatial databases.
Dr. Aasman will discuss the capabilities of AllegroGraph 4.0 during two presentations titled ‘Enterprise Requirements for Graph Databases – Your Best NoSQL Choices’ and ‘Exploring Schema Spaces in Linked Open Data’ at the 2010 Semantic Technology Conference in San Francisco, California. At the same conference, Bill Guinn will expand on the value of using semantic technology for customer-centric applications during a presentation titled ‘The Next Generation Consumer Business – Semantic Real-time Intelligent Decision Automation.’
About Franz Inc.
Franz's semantic technology solutions help bring Web 3.0 ideas to reality. The company is the leading supplier of commercial, persistent and scalable RDF Graph Database products. AllegroGraph RDFStore is a high-performance database capable of storing and querying billions of RDF statements. The product provides solutions for customers to combine unstructured and structured data using W3C standard RDF for creating new Web 3.0 applications as well as identifying new opportunities for Business Intelligence in the Enterprise. AllegroGraph’s Activity Recognition package provides a powerful means to aggregate and analyze data about individual and organizational behaviors, preferences, relationships, plus spatial and temporal linkages between individuals and groups. Franz customers include Fortune 500 companies in the government, life sciences and telecommunications industries. For more information, visit franz.com.
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