Software AG acquires AI company Zementis to expand IoT capability - Computer Business Review

The acquisition will bring Zementis' predictive analytics to Software AG's real-time streaming analytics platform. Software AG has acquired California-based Zementis for an undisclosed sum in a move designed to bolster its internet of things capability. Zementis offers software for'deep learning' which plays a crucial role in the development of machine learning, data science and fundamental technology that drives artificial intelligence (AI) development. According to Software AG, the advances in machine learning and AI are being applied in the next generation Internet of Things (IoT) such as self-driving cars, personal digital assistants, medical diagnosis, predictive maintenance and robotics. Software AG has already employed Adaptive Decision and Predictive Analytics (ADAPA) from Zementis into its Digital Business Platform to offer its clients with comprehensive insights for real time business analytics.