IBM today announced the acquisition of the assets of Exeros, a privately-held company based in Santa Clara, Calif., that provides data discovery software. Financial details were not disclosed. The acquisition, IBM says, will further strengthen its Information Agenda strategy to help companies turn data into a strategic asset, and provides new capabilities for its recently announced Business Analytics Optimization Consulting practice.
Exeros' technology automatically uncovers hidden relationships between databases, helping users make sense of disparate data sources faster than otherwise possible. This capability, IBM says, can reduce the cost of data-intensive projects such as data warehousing and master data management, and can help clients generate new levels of intelligence that can identify new market trends and predict business outcomes with more certainty.
"All organizations today are faced with the daunting challenge of turning massive amounts of information into insights to guide their businesses, but many are held back by the complexity of corporate data sources," observes Ambuj Goyal, general manager, IBM Information Management. "The combination of IBM and Exeros will enable companies to more intelligently manage their data across all formats and computing platforms, creating a smarter enterprise."
IBM intends to integrate Exeros within IBM's Information Management Software portfolio over the next several months.
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