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Cloudera Uses Revolutionary Octopai Acquisition to Improve Data Insights


Database Management

Cloudera Octopai acquisition

To help developers, data scientists, and data engineers increase productivity and optimize data workflows, Cloudera also introduces a new AI assistant.

In an effort to increase its data catalog and metadata management capabilities for data analytics and artificial intelligence jobs, cloud platform behemoth Cloudera has reached an agreement to purchase data lineage and data catalog technologies created by Israel-based Octopai.

Finding and maintaining all pertinent, contextual, and reliable data is necessary for the acquisition, which coincides with enterprises and organizations searching for methods to use their data for AI, machine learning, and predictive analytics efforts.

The increasing dispersion of data across dispersed data architectures, such as hybrid and multi-cloud systems, has made it more difficult to automatically manage metadata to present a uniform picture of data. Additionally, data governance and security have grown increasingly intricate.

Cloudera CEO Charles Sansbury stated in a statement that businesses cannot afford to have blind spots or mistakes when utilizing data to make business-critical choices, and they should not allow the identification of reliable data to impede growth.

Additionally, he stated that his clients must demonstrate a thorough lineage of assets both inside and outside the Cloudera estate, auto-discover data across different repositories, and use a comprehensive data catalog to find data assets that are ready for consumption. Cloudera's data, analytics, and AI platform is improved by the acquisition of Octopai's platform, giving users more access to their data independent of the data management company they choose.

Cloudera stated that it anticipates the transaction to be finalized by the end of this month and has signed a formal agreement for the sale. The acquisition's terms were not made public. Although there is a banner on Octopai's website indicating that Cloudera has bought the company, Cloudera claims that it is merely purchasing the Octopai platform.


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