IBM Bolsters Data Trust with Manta Software Acquisition

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IBM Bolsters Data Trust with Manta Software Acquisition

IBM has taken a significant step towards addressing concerns about the trustworthiness of data sourced from artificial intelligence (AI) by acquiring Manta Software. The Europe-based company specializes in providing a data lineage platform, which tracks the flow of data over time, offering insights into its origin, changes, and ultimate destination within the data pipeline. This acquisition aligns with IBM’s focus on delivering data and products built on principles of trust and transparency, particularly in its Watson.ai services.

As AI becomes increasingly integrated into business workflows and data becomes more complex, ensuring data quality and explainability are paramount. In a recent study, IBM found that concerns regarding the lineage or provenance of data were the primary barrier to the widespread adoption of generative AI. Organizations are keen to gain a better understanding of the data that feeds their intelligent systems.

The financial details of the Manta Software acquisition remain undisclosed. However, IBM and Manta have been collaborating since June 2022. Manta Software, founded in 2016 and based in Prague, Czechoslovakia, brings valuable expertise in data lineage to IBM’s portfolio.

In 2023 alone, IBM has already acquired eight companies, totaling over 30 since Arvind Krishna assumed the role of CEO in April 2020. With its acquisition of Red Hat, based in Raleigh, North Carolina, and extensive workforce across the state, IBM reaffirms its commitment to technological advancements and cutting-edge solutions.

Furthermore, Watson, IBM’s flagship AI system, is undergoing a transformation with a new name, WatsonX, and enhanced capabilities. This reboot positions WatsonX to continue serving a wide range of industries and sectors.

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IBM’s acquisition of Manta Software signifies a strategic move towards addressing concerns about data lineage and provenance in the AI landscape. By incorporating Manta’s data lineage platform into its services, IBM aims to provide customers with trustworthy and transparent data and products. With an established foothold in North Carolina and a multitude of successful acquisitions, IBM continues to expand its influence in the technology sector.

Frequently Asked Questions (FAQs) Related to the Above News

What is the significance of IBM's acquisition of Manta Software?

IBM's acquisition of Manta Software is significant because it bolsters the trustworthiness of data sourced from artificial intelligence (AI) by providing a data lineage platform. This platform tracks the flow of data over time, offering insights into its origin, changes, and ultimate destination within the data pipeline.

Why is data lineage important in the context of AI?

Data lineage is important in the context of AI because it ensures data quality and explainability. As AI becomes more integrated into business workflows and data becomes more complex, organizations need to understand the data that feeds their intelligent systems. Data lineage provides visibility into the source and history of the data, addressing concerns about its lineage or provenance.

What were the primary concerns identified by IBM regarding generative AI adoption?

IBM's study identified concerns regarding the lineage or provenance of data as the primary barrier to the widespread adoption of generative AI. Organizations want to have a better understanding of the data that fuels their intelligent systems, and data lineage helps address these concerns.

How long has IBM been collaborating with Manta Software?

IBM and Manta Software have been collaborating since June 2022. The recent acquisition further strengthens their partnership and brings Manta Software's expertise in data lineage to IBM's portfolio.

How many companies has IBM acquired in 2023 so far?

In 2023 alone, IBM has already acquired eight companies. This brings the total number of acquisitions since CEO Arvind Krishna took over in April 2020 to over 30.

What is the significance of IBM's acquisition of Red Hat?

The acquisition of Red Hat, a technology company based in Raleigh, North Carolina, signifies IBM's commitment to technological advancements and cutting-edge solutions. It also expands IBM's workforce and presence in North Carolina.

What changes are happening to IBM's flagship AI system, Watson?

IBM's flagship AI system, Watson, is undergoing a transformation with a new name, WatsonX, and enhanced capabilities. This reboot positions WatsonX to continue serving a wide range of industries and sectors.

What are IBM's goals with the acquisition of Manta Software?

With the acquisition of Manta Software, IBM aims to address concerns about data lineage and provenance in the AI landscape. By incorporating Manta's data lineage platform into its services, IBM seeks to provide customers with trustworthy and transparent data and products.

What does IBM's expansion and acquisitions signify in the technology sector?

IBM's expansion and numerous acquisitions signify its growing influence and commitment to advancing technology. With acquisitions like Manta Software, IBM continues to strengthen its position in the technology sector and deliver innovative solutions to its customers.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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