Overview
SAP is set to acquire Reltio, a master data management and data integration specialist, to enhance its Business Data Cloud (BDC) by integrating external data into its AI platform. This acquisition aims to improve data interoperability and support AI development by providing a unified data context. Reltio, founded in 2011, has notable clients like Pfizer and Warner Bros, and utilizes an AI-based system for data integration. The deal underscores SAP's commitment to becoming a leading business AI provider.
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SAP is set to acquire Reltio, a master data management and data integration specialist, to enhance its Business Data Cloud (BDC) by integrating external data into its AI platform. This acquisition aims to improve data interoperability and support AI development by providing a unified data context. Reltio, founded in 2011, has notable clients like Pfizer and Warner Bros, and utilizes an AI-based system for data integration. The deal underscores SAP's commitment to becoming a leading business AI provider.