ServiceNow acquires data.world

ServiceNow has made its second AI-related acquisition of the year (after the purchase of Moveworks, announced in March – see ServiceNow acquires Moveworks for $2.9bn). The company has now signed a definitive agreement to acquire cloud-native enterprise data catalogue and governance platform provider (and Certified B Corp) data.world. Financial terms have not been disclosed.

data.world’s platform aims to “bring data producers and data consumers together to build a culture of data at their organisations”, focusing on simplifying the processes of data discovery, governance, and analysis. The company’s client roster is varied, counting Associated Press, the publisher Penguin Random House, logistics real estate company Prologis, and global satellite operator Eutelsat OneWeb amongst its customers.

ServiceNow’s move is designed to further strengthen its AI platform and expand the capabilities of Workflow Data Fabric – enabling customers to enrich data with “meaning, context, and relationships” to help organise it… and thus improve the effectiveness of the AI agents and workflows that rely upon it.

Posted by: Craig Wentworth at 10:02

Tags: acquisition   platform