Software AG Acquires Artificial Intelligence Company Zementis in the US
RESTON, Va.--(BUSINESS WIRE)--Software AG (Frankfurt TecDAX: SOW) today announced that it has acquired Zementis, Inc. with headquarters in San Diego, California. Zementis Inc. provides software for "Deep Learning", a key capability in machine learning and data science, and a fundamental technology driving "artificial intelligence" (AI) development. Software AG sees the current machine learning and AI advances as the basis for the next generation of Internet of Things applications such as self-driving cars, personal digital assistants, medical diagnosis, predictive maintenance and robotics. Software AG has already embedded Zementis' ADAPA (Adaptive Decision and Predictive Analytics) into its Digital Business Platform to offer enterprises comprehensive insights for real time business analytics. The combination of Software AG's real-time streaming analytics and ADAPA predictive analytics delivers precise business and technical insights into customer behavior, market dynamics, security risks and sensor information from the Internet of Things (IoT).
Dec-3-2016, 04:55:04 GMT
- Country:
- Europe > Germany (0.05)
- North America > United States
- Virginia > Fairfax County
- Reston (0.25)
- California > San Diego County
- San Diego (0.25)
- Virginia > Fairfax County
- Industry:
- Information Technology (0.81)
- Technology: