Oracle acquires enterprise machine learning platform startup DataScience.com
Oracle announced yesterday that it has acquired enterprise machine learning platform startup, DataScience.com. The tech giant said it plans to add the new platform to its Oracle Cloud service and enable customers to fully utilize machine learning. The financial terms of the deal were not disclosed. DataScience.com is a machine learning platform that centralizes data science tools, projects and infrastructure in a fully-governed workspace.
“Every organization is now exploring data science and machine learning as a key way to proactively develop competitive advantage, but the lack of comprehensive tooling and integrated machine learning capabilities can cause these projects to fall short,” said Amit Zavery, Executive Vice President of Oracle Cloud Platform, Oracle. “With the combination of Oracle and DataScience.com, customers will be able to harness a single data science platform to more effectively leverage machine learning and big data for predictive analysis and improved business results.”
Founded in 2014 by Colin Schmidt, Ian Swanson and Jonathan Beckhardt, the California-based DataScience.com provides an enterprise data science platform that combines the tools, libraries, and languages data scientists love with the infrastructure and workflows their organizations need. The DataScience.com Platform maximizes the way data scientists like to work, so they can collaborate more easily, create better analyses, amplify their results, and put more work into production — all from one place.
“Data science teams use the platform to organize work, easily access data and computing resources, and execute end-to-end model development workflows. Leading organizations like Amgen, Rio Tinto, and Sonos are using the DataScience.com platform to improve productivity, reduce operational costs and deploy machine learning solutions faster to power their digital transformations,” the company said in a press release.
DataScience.com empowers data scientists to deliver the business-changing insights executives expect in less time with self-service access to open source tools, data and computing resources, while also improving the ability of IT teams to support that work. Oracle embeds Artificial Intelligence (AI) and machine learning capabilities across its software as a service (SaaS) and platform as a service (PaaS) solutions, including big data, analytics and security operations, to enable digital transformations. Together, Oracle and DataScience.com will provide customers with a single data science platform that leverages Oracle Cloud Infrastructure and the breadth of Oracle’s integrated SaaS and PaaS offerings to help them realize the full potential of machine learning.
“Data science requires a comprehensive platform to simplify operations and deliver value at scale,” said Ian Swanson, CEO of DataScience.com. “With DataScience.com, customers leverage a robust, easy-to-use platform that removes barriers to deploying valuable machine learning models in production. We are extremely enthusiastic about joining forces with Oracle’s leading cloud platform so customers can realize the benefits of their investments in data science.”