Software AG Acquires Artificial Intelligence Company Zementis in the US
HPC Today  |  Wire  |  December 02, 2016
Note: the wired news below has been filtered but not edited by HPC Today.

Artificial Intelligence and Machine Learning software extends Software AG’s Internet of Things technology leadership

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).

“The impact of the Internet of Things on industry, business and society will dwarf anything we have experienced through technology so far,” said Software AG Chief Executive Officer, Karl-Heinz Streibich. “This is now widely acknowledged by industry, as is the unique business insights that can be provided by combining predictive analytics, machine learning and streaming analytics. This combination has played a major role in the recent strategic IoT partnerships Software AG has established.”

Software AG has made multiple Internet of Things (or Industry 4.0) announcements in recent months including strategic alliances asBosch, Dell or Cumulocity based on integrating digital sensors and predicting maintenance requirements. These capabilities will now be enhanced through automated decisions based on machine learning for manufacturing, logistics, or any data heavy use case.

Machine learning and Artificial Intelligence are the key technologies for building smarter, next-generation IoT applications and are key competitive capabilities for innovative organizations. To accelerate time-to-insight, Zementis has focused on the rapid operational deployment of predictive models – from basic statistical algorithms to complex predictive models and deep learning capabilities – for mission-critical applications such as risk scoring, fraud detection and predictive maintenance.

“Zementis was founded with the vision of delivering true interoperability for Artificial Intelligence, allowing machine learning and predictive models to rapidly move from development to deployment, allowing data-centric organizations and enterprises to easily incorporate AI into their routine operations,” said Dr. Michael Zeller, CEO of Zementis. “Software AG’s open standards strategy empowers clients to manage heterogeneous IT architectures, and perfectly complements the vendor-neutral AI capabilities that our solutions deliver.”

Source: Zementis, Inc.
with Business Wire

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