Santa Clara, California-based workflow management software firm ServiceNow has announced the acquisition of enterprise data cataloging and governance specialist data.world, whose CEO is Bazaarvoic and Coremetrics founder Brett Hurt. Terms were not disclosed.
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ServiceNow helps clients organise and access their data, slotting it into workflows and making it ready for use by AI. Last summer it acquired German information retrieval and knowledge management company Raytion, whose platform allows major companies to scan their internal data with a search engine-like interface, share it and collaborate across the organisation.
Buying data.world will 'further strengthen' ServiceNow's AI Platform and expand the capabilities of its Workflow Data Fabric platform. Hurt (pictured) co-founded Bazaarvoice and led it through an IPO and major acquisitions - later founding and leading Coremetrics, which was acquired by IBM in 2010 for around $300m. Of his latest sale he comments: 'At data.world, our mission has always been to turn data chaos into clarity, and now, together with ServiceNow, we'll be able to take that mission further across the enterprise. By bringing our powerful data catalog and governance platform into the ServiceNow AI Platform, we will help customers unlock the full potential of their data with more trust, context, and control.'
Gaurav Rewari, SVP and GM of Data and Analytics Products at ServiceNow, adds: 'To truly harness the power of AI, enterprises need more than data - they need trusted, connected intelligence. data.world's data catalog and modern governance capabilities will supercharge ServiceNow's Workflow Data Fabric, giving every AI agent and workflow the context it needs to drive smarter, faster outcomes.'
ServiceNow has also unveiled new features for Workflow Data Fabric, and announced a partnership with Amazon Web Services.
Web sites: www.data.world and www.servicenow.com .
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