News
        
        New Enterprise Graph Framework for Data Scientists Leverages Machine Learning 
        
        
        
			- By John K. Waters
- 04/08/2020
Graph database platform  provider Neo4j this week announced the availability of a new enterprise graph  framework designed to help data scientists leverage largely untapped  relationships and network structures that have the potential to be highly  predictive. 
The company is promoting its new Neo4j for Graph Data Science as the first data science environment built to  harness the predictive power of relationships for enterprise deployments.  
Neo4j is the lead commercial  sponsor behind the Neo4j open source NoSQL graph  database implemented in Java. The company's new data science framework combines a native graph analytics workspace and graph  database with scalable graph algorithms and graph visualization for "a  reliable, easy-to-use experience," the company says. 
The term "graph  data science" can be confusing. Alicia Frame, lead product manager and data  scientist at Neo4j, explained it in a recent blog post: "Simply put, graph data science is connected data science,  where relationships are first-class citizens and the connections between your  data points can be used to make better, more accurate predictions. Instead of  thinking about your data in rows and columns, you begin to consider the  importance of the relationships between those data points, which are  potentially far more valuable for predictive accuracy than your flat tabular  descriptors."
Graph  data science uses multidisciplinary workflows that combine queries, statistics,  graph algorithms and machine learning techniques to leverage the relationships  and topology of connected data to artificial intelligence (AI) applications,  she explained. Graph data science uses expressive Cypher queries to  interrogate a graph and find local patterns. Visualization tools, such as Bloom,  are sometimes used to explore, summarize and interact with the data. 
The new Neo4j for  Graph Data Science framework is designed to enable data scientists to  operationalize better analytics and machine learning models that infer behavior  based on connected data and network structures Frame described. The framework,  she said in a statement announcing the product release, is intended to provide the  most expeditious way to generate better predictions.
"A common  misconception in data science is that more data increases accuracy and reduces  false positives," she explained. "In reality, many data science  models overlook the most predictive elements within data -- the connections and  structures that lie within. Neo4j for Graph Data Science was conceived for this  purpose -- to improve the predictive accuracy of machine learning, or answer previously  unanswerable analytics questions, using the relationships inherent within  existing data."  
The Neo4j for Graph Data  Science framework enables data scientists to answer questions that are  addressable only through understanding relationships and data structures, Frame  said. Graph algorithms are a subset of data science tools that capitalize on  network structure to infer meaning and make predictions such as: cluster and  neighbor identification through community detection and similarity algorithms;  influencer identification through centrality algorithms; and topological  pattern matching through path-finding and link prediction algorithms.
The company offered the  following example of how the Graph Data Science framework might be applied to  the detection of identity fraud and fraud rings, a problem that spans market  verticals, from financial services and insurance to the government sector and  tax evasion. "Even the smallest predictive improvement translates into  millions of dollars of savings," the company said. 
The Neo4j for Graph Data  Science framework is available now. 
        
        
        
        
        
        
        
        
        
        
        
        
            
        
        
                
                    About the Author
                    
                
                    
                    John K. Waters is the editor in chief of a number of Converge360.com sites, with a focus on high-end development, AI and future tech. He's been writing about cutting-edge  technologies and culture of Silicon Valley for more than two  decades, and he's written more than a dozen  books. He also co-scripted the documentary film Silicon  Valley: A 100 Year Renaissance, which aired on PBS.  He can be reached at [email protected].