IBM continues its Information on Demand Strategy with the acquisition of Exeros. The purchase brings Exeros' data discovery into IBM's software portfolio.
IBM has acquired data discovery vendor
Exeros in a bid to help customers draw more value from data.
Exeros'
technology is aimed at automating the discovery of relationships between
disparate databases to simplify data quality and data integration efforts tied
to data warehousing and master data management. The technology fits into IBM's
Information
on Demand initiative. Over the next several months, IBM
plans to further integrate Exeros into the Information Management Software
Portfolio.
"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," said Ambuj Goyal,
general manager of IBM Information
Management, in a statement. "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
officials added that the move enables its recently announced Business Analytics
& Optimization Consulting practice and network of Analytics Solution
Centers to meet growing client demand for advanced analytics capabilities to
create new, smarter business systems.
The
financial details of the deal were not disclosed.
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