A Look at How Graphs Are Impacting Our Everyday Lives
|
 |
|
Fraud Detection
Each year, banks and insurance companies lose billions of dollars to fraud. Fraud alone costs the insurance industry an estimated $80 billion annually in the U.S. and is on the rise. Traditional analysis techniques catch only a handful of fraud scenarios because sophisticated criminals often elude these methods through collaboration.
Using graph databases, investigators are able to perform link analysis to uncover a variety of behavioral patterns, which enables them to catch fraud rings and individual fraudsters in real time.
You've probably used a product or service powered by a graph database within the last few hours. From social media sites like Twitter and Facebook to real-time recommendations on eBay, graphs impact our lives every day.
Whether you're identifying a potential dating match or mapping the suspicious behaviors of a fraud ring, the uses and applications of graph databases are endless. Graphs are ideal for today's next-generation applications because they efficiently store both data and its relationships – something other databases simply can't do.
In this slideshow, Neo Technology provides a look at the range of unexpected ways graphs impact our everyday lives.
Related Topics : APC, Resellers, Data Replication, Extract Transform and Load, Structured Data Integration
How to Find Business Value in Your Data Through Modernization
Data only becomes a meaningful and valuable asset when organizations can transform it into actionable insights. ... More >>
5 Steps to Wrangle Uncontrolled Data Flow
As the availability of data exponentially increases, unprecedented opportunities exist to do all kinds of amazing things, but these opportunities also come with data wrangling challenges. ... More >>
5 Data Warehouse Design Mistakes to Avoid
If you are designing a data warehouse, you need to map out all the areas where there is a potential for your project to fail, before you begin. ... More >>
