Cloudera to Purchase Octopai’s Platform to Ship Trusted Data Throughout the Complete Hybrid Cloud Data Property

Cloudera to Purchase Octopai’s Platform to Ship Trusted Data Throughout the Complete Hybrid Cloud Data Property
  • Nov, Thu, 2024

Cloudera to Purchase Octopai’s Platform to Ship Trusted Data Throughout the Complete Hybrid Cloud Data Property

Octopai’s best-in-class information lineage and catalog platform to supply discoverability, high quality, and governance for enterprises to boost data-driven choice making

SANTA CLARA, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) — Cloudera, the one true hybrid platform for information, analytics, and AI, introduced that it entered right into a definitive settlement with Octopai B.I. Ltd. (Octopai) to amass Octopai’s information lineage and catalog platform that permits organizations to know and govern their information. The transaction will considerably add to Cloudera’s information catalog and metadata administration capabilities.

Enterprises are underneath rising strain to include data-driven decision-making into their enterprise operations. They wish to make the most of their information for AI, machine studying, and predictive analytics initiatives, requiring a complete information intelligence technique to seek out all of the related, contextual, and trusted information throughout the corporate. But for a lot of enterprises—notably these in finance, healthcare, retail, and telecommunications that take care of extremely regulated, delicate, and voluminous information—having a whole purview of your entire information property nonetheless proves difficult as they require capabilities over a number of information options throughout hybrid environments.

“As data-driven organizations adopt hybrid, distributed data architectures, being able to automatically manage metadata is critical to providing a unified self-service view of the data,” mentioned Sanjeev Mohan, principal analyst at SanjMo. “Unified metadata strategies lead to analytic insights that data consumers trust. They also ensure security, increase governance, and provide a consistent view across the entire data estate. Augmenting Cloudera’s data management, governance, and AI capabilities with Octopai’s enterprise-ready, multi-layered data lineage over 50 data source connectors, and automated metadata management leads to a comprehensive metadata and data intelligence solution.”

Founded in 2016, Octopai remodeled the metadata administration panorama by leveraging automated information mapping and information graphs to complement and activate metadata to ship insights into the information panorama. This, coupled with an intuitive expertise and AI copilots, accelerates the usage of high-quality information for analytic and AI outcomes. Today, Octopai prospects at main enterprises save time on change or impression evaluation, scale back errors and prices of their information operations, and adjust to evolving laws.

Octopai’s automated options for information lineage, information discovery, information catalog, mapping, and impression evaluation throughout advanced information environments complement Cloudera’s fashionable information structure technique. With the built-in metadata administration and multi-dimensional information lineage from Octopai, Cloudera prospects can get visibility throughout a myriad of information options to allow them to gas their AI, predictive analytics, and different decision-making instruments with trusted information. Customers may also count on improved:

  • Data Discoverability – Quickly discover related information in advanced and distributed information units throughout cloud, on-premises, and hybrid environments, in addition to perceive information origins and their reliability. This clear visibility into the information supply, historical past, and transformations ensures choices are based mostly on correct and trusted information.
  • Data Quality – Trace the journey of information from its supply to its present state. With Octopai, prospects can resolve information high quality points that result in unreliable information, poor decision-making, and substandard information merchandise, guaranteeing trusted, high quality information is leveraged throughout the enterprise.
  • Data Governance – By robotically mapping and cataloging information throughout techniques right into a information hub, with detailed insights into information flows, transformations, and processes, Octopai will help enterprise prospects adjust to laws like GDPR, CCPA, HIPAA, and extra.
  • Migration Assistance – Apply partner-driven lineage and the Octomize AI genAI agent for information groups to mitigate dangers, scale back errors, and guarantee migrated information stays correct, constant, and usable when moved to a brand new setting.

“When using data to make business-critical decisions, enterprises can’t afford to have blind spots or inaccuracies, and they certainly shouldn’t let identifying trusted data slow down progress,” mentioned Charles Sansbury, CEO of Cloudera. “Our customers need to auto-discover data across multiple repositories, show deep lineage of assets both within and outside the Cloudera estate, and leverage a robust data catalog to identify data assets that can be consumed. The acquisition of Octopai’s platform enhances Cloudera’s data, analytics, and AI platform, enabling customers to have greater visibility of their data regardless of their data management provider.”

“Cloudera and Octopai represent a perfect symbiosis by bringing together centralized data and metadata management,” famous Yael Ben Arie, CEO of Octopai. “By combining Octopai’s metadata capabilities with Cloudera’s comprehensive data, analytics, and AI platform, we’re addressing the critical challenge of understanding and governing data across multi-cloud and on-premises environments. This acquisition will establish the Octopai data lineage and catalog platform as the standard for metadata management while accelerating Cloudera’s mission of preparing customers for the AI era. We’re excited to bring enterprise-grade data lineage and metadata management to organizations at an unprecedented scale.”

The transaction is topic to customary closing situations and Cloudera anticipates the closing of the transaction will happen earlier than the tip of November 2024. For extra data on Cloudera’s acquisition of Octopai’s platform, read the Cloudera blog.

To study extra about how Cloudera can allow your group to derive extra worth out of your largest information volumes, go to: www.cloudera.com/products/cloudera-data-platform.

About Cloudera
Cloudera is the one true hybrid platform for information, analytics, and AI. With 100x extra information underneath administration than different cloud-only distributors, Cloudera empowers international enterprises to remodel information of all kinds, on any public or personal cloud, into helpful, trusted insights. Our open information lakehouse delivers scalable and safe information administration with moveable cloud-native analytics, enabling prospects to deliver GenAI fashions to their information whereas sustaining privateness and guaranteeing accountable, dependable AI deployments. The world’s largest manufacturers in monetary companies, insurance coverage, media, manufacturing, and authorities depend on Cloudera to make use of their information to unravel what appeared inconceivable—at present and sooner or later.

To study extra, go to Cloudera.com and observe us on LinkedIn and X. Cloudera and related marks are emblems or registered emblems of Cloudera, Inc. All different firm and product names could also be emblems of their respective homeowners.

Contact
Jess Hohn-Cabana
cloudera@v2comms.com

GlobeNewswire Distribution ID 9273697

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