Company
Date Published
Author
Blaise James
Word count
401
Language
English
Hacker News points
None

Summary

It's an exciting time for graph technology as it opens doors to new efforts in data exploration and management, accelerating digital transformation. With innovative technologies like Neo4j's graph data platform, quantifying business value can be challenging due to the complexity of the capabilities it enables. A credible example of return on investment is necessary to support a business case, which is where Forrester Consulting's Total Economic Impact assessment comes in. This proven industry-standard framework evaluates four key pieces of the puzzle: cost, benefits, flexibility, and risk, taking into account associated impact on the business. The study found that Neo4j can pay for itself more than 4x in three years with a 417 percent ROI, and customers realized improved business results of 20 percent on average. Additionally, accelerated Time-to-Value was up to 60 percent, and digital transformation cost savings were achieved.