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Connected Data London 2024 Spotlight: How is Ultipa reshaping the graph database industry landscape? - Ultipa Graph
2024-12-12
Connected Data London 2024 Spotlight: How is Ultipa reshaping the graph database industry landscape? - Ultipa Graph

At present, in the midst of the surging global digital wave, the field of graph databases is experiencing profound changes and rapid development. Connected Data London 2024 has become an important stage for the exchange and collision of many innovative achievements and cutting-edge ideas in this field, and Ultipa's performance at this conference has become one of the focuses.

At this conference, Ultipa's founder and CEO, Ricky Sun, delivered a highly insightful and forward-looking speech titled "Graph XAI: Rethinking AI infrastructure Cost with GPU And CPU". In the context of global economic recession and a sluggish market, the entire market and economy are in a critical period of intense transformation. All manufacturers are exploring how to achieve breakthroughs and transformations from the inside out. Ricky Sun's speech has illuminated a new direction of thinking for the entire industry.

He emphasized that while AI is white-hot across the globe and all industries, there are ways to offer lower TCO, higher performance, and fast time-to-value with graph XAI (aka graph augmented intelligence, another form of AI if you will) without being abducted by GPUs entirely. Although for a long time, GPUs have indeed played an indispensable role in expanding complex AI workloads, Ultipa has proposed a more balanced and comprehensive resource utilization strategy, that is, CPUs (and other forms of low-cost and low-carbon-footprint hardware like FPGA and ASICs) should be included in the design of AI infrastructure. Through this innovative way of resource integration, not only can high-performance computing be ensured to meet the strict requirements of artificial intelligence for data processing speed and accuracy, but also a new balance point can be found in resource utilization and environmental protection to achieve a more green, economical, sustainable, and cost-effective goal. The proposal of this concept undoubtedly prompts all participants to deeply think about how to ensure the powerful computing power of AI systems while taking an innovative development path that takes into account both ecology and cost.

Ultipa's outstanding achievements and continuous innovation capabilities in the field of graph databases were fully demonstrated and recognized at Connected Data London 2024. In terms of international standard support and industry influence expansion, Ultipa is also sparing no effort and has achieved remarkable results. In April 2024, ISO/IEC released the first official version of the GQL (Graph Query Language) standard. With its keen technological foresight and strong R&D strength, Ultipa announced support of GQL in its latest Powerhouse (aka v5.0) version since September, 2024, demonstrating its firm determination and excellent ability to follow the international forefront and lead the industry development in the field of graph database technology. With a series of leading technological innovation achievements and extensive influence in the field of graph databases, Ultipa was successfully selected into DataTech50 2024 and appeared on the global award list, further consolidating its top position in the global graph database industry.

Ultipa's outstanding performance in Connected Data London 2024 is not only a concentrated expression of its own technical strength and innovative spirit, but also a way for the entire graph database industry to explore more future development possibilities in the context of global economic restructuring and accelerated technological change. It will inspire more enterprises and research institutions to deeply explore the integration and innovation of cutting-edge technologies such as graph databases and artificial intelligence, and jointly promote the global digitalization process to a higher level, opening a new era of data insight and application.

About Ultipa:

Ultipa is a Silicon Valley-based next-generation graph XAI and database company, extending its operations in EMEA and APAC. The team at Ultipa firmly believes that the fusion of graph augmented intelligence and XAI is a catalyst for empowering enterprises in their digital transformation journey. This process necessitates the convergence of data intelligence and infrastructure revolution. 

Ultipa builds the leading graph XAI and database products, enabling the swift devlopment of killer applications in various domains such as Real-time Fraud Detection, Asset Liability Management (ALM)Liquidity Risk Management (LRM), Low-code Graph-augmented AI+BI Platform, Data Governance (RDA), and more. Ultipa has garnered support from prestigious sovereign wealth funds and venture capital firms worldwide.