Altair Enhances Enterprise Data Capabilities with Cambridge Semantics Acquisition

Altair, a renowned name in computational intelligence, has recently completed the acquisition of Cambridge Semantics, a prominent data fabric provider and developer of leading analytical graph databases. This strategic move aims to bolster Altair's offerings in enterprise data management and advance the integration of generative AI into business operations.

Empowering Next-Generation Data Fabrics

Cambridge Semantics specializes in graph-powered data fabric technology, which streamlines the integration of structured and unstructured enterprise data into cohesive knowledge graphs. This acquisition equips Altair with innovative tools for accelerating the creation of comprehensive enterprise knowledge graphs, facilitating a simplified view of complex data landscapes.

James R. Scapa, Altair's Founder and CEO, on the Acquisition:

"Knowledge graphs are key pieces of data fabrics. They put the right data in the right hands at the right time," stated James R. Scapa. "We believe Cambridge Semantics brings the fastest and most scalable knowledge graphs to organizations who have significant data volumes and deep questions. Additionally, knowledge graphs are critical for successful generative AI applications as they provide the business context necessary to ground generative AI models, eliminate hallucinations, and dramatically improve response quality."

Integration into Altair RapidMiner Platform:

Cambridge Semantics' technologies will be seamlessly integrated into the Altair® RapidMiner® platform, enhancing its capabilities in knowledge graph creation, data governance, data virtualization, and data discovery. This integration aims to offer organizations a robust foundation for building advanced analytics ecosystems infused with artificial intelligence.