Octopai’s best-in-class data lineage and catalog platform to provide discoverability, quality, and governance for enterprises to enhance data-driven decision making
SANTA CLARA, Calif., Nov 14 (Bernama-GLOBE NEWSWIRE) -- Cloudera, the only true hybrid platform for data, analytics, and AI, announced that it entered into a definitive agreement with Octopai B.I. Ltd. (Octopai) to acquire Octopai’s data lineage and catalog platform that enables organizations to understand and govern their data. The transaction will significantly add to Cloudera’s data catalog and metadata management capabilities.Enterprises are under increasing pressure to incorporate data-driven decision-making into their business operations. They want to utilize their data for AI, machine learning, and predictive analytics initiatives, requiring a comprehensive data intelligence strategy to find all the relevant, contextual, and trusted data across the company. But for many enterprises—particularly those in finance, healthcare, retail, and telecommunications that deal with highly regulated, sensitive, and voluminous data—having a complete purview of the entire data estate still proves challenging as they require capabilities over multiple data solutions across 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,” said 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 transformed the metadata management landscape by leveraging automated data mapping and knowledge graphs to enrich and activate metadata to deliver insights into the data landscape. This, coupled with an intuitive experience and AI copilots, accelerates the use of high-quality data for analytic and AI outcomes. Today, Octopai customers at leading enterprises save time on change or impact analysis, reduce errors and costs in their data operations, and comply with evolving regulations.
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