The text discusses the benefits and applications of "connected data", which refers to the relationships between different data sources, providing a unified view of data that can be used for real-time insights and business decision-making. This approach allows businesses to gain contextual understanding of their data, making operational decisions more informed and effective. The connected data model is particularly useful in industries with complex data landscapes, such as Airbnb's case study, where it helped the company navigate its vast amount of internal data resources and provide transparency to employees. By leveraging graph database technology, organizations can unlock new use cases and create a sustainable competitive advantage in a changing business world.