Graphs are increasingly important as data can be represented as nodes connected by relationships. A graph database like Neo4j allows for flexible modeling of data relationships and powerful querying of connected data. Neo4j provides faster and more scalable solutions compared to relational databases for workloads involving complex joins and real-time transactions on connected data. Customers like Airbus have seen 10x performance improvements using Neo4j for design dependency analysis by mapping dependencies between assets as a graph.