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TROY, Mich. , April 18, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in IT intelligence, has acquired Cambridge Semantics, a provider of modern knowledge designs and author of one of the industry’s leading analytical chart knowledge bases. The generation of knowledge designs based on . Cambridge Semantics accelerates the creation of comprehensive business wisdom charts, integrating the complex web of business knowledge with and without design into a single, simplified view.
Combining Cambridge Semantics’ transformational wisdom graph generation with Altair’s tools for analytics and knowledge science provides organizations with a solid foundation for building complex analytic ecosystems that inject artificial intelligence (AI) into day-to-day business operations.
“Knowledge graphs are key elements of the knowledge fabric. They put the right knowledge in the right hands, at the right time. Cambridge Semantics delivers the fastest, most scalable wisdom graphs to organizations that have giant volumes of knowledge and deep questions “said James. R. Scapa, Founder and CEO of Altair. “In addition, wisdom graphs are critical to the success of generative AI applications, as they provide the business context necessary to anchor generative AI models. , eliminate hallucinations and, in particular, improve the quality of responses. “
Cambridge Semantics technologies will be in the Altair system
“Joining Altair is a natural transition for Cambridge Semantics as we look to accelerate the speed of adoption of our technology,” said Charles Pieper, CEO of Cambridge Semantics. “Cambridge Semantics has a history of good luck with Fortune 500 organizations in government, defense, life sciences, and manufacturing. Bringing Cambridge Semantics to Altair’s broad visitor base, the Altair Units style of business, and integrating it into Altair RapidMiner, is an exciting prospect for us and our visitors. “
Cambridge Semantics was founded in 2007 through an innovation and engineering team from IBM’s Advanced Technology Group with the shared confidence that semantic graph knowledge models were a transformative generation to help organizations leverage their knowledge in unprecedented ways: powering analytics, revealing new insights, and enabling strategically vital strategies. competitive differentiation. Its technical team has played a key role in the progression of IBM Netezza and Amazon Redshift’s knowledge stores and represents one of the largest collections of wisdom chart experts in the world.
“This acquisition adds deep knowledge warehousing expertise to our already strong knowledge science and analytics team, creating an enhanced core organization of engineers spanning the entire knowledge lifecycle, from knowledge creation to actual impact,” said Srikanth Mahalingam, chief technology officer at Altair. “We’re all excited about the direction this mix of team and generation will take us. “
For more facts about Altair RapidMiner, https://altair. com/altair-rapidminer.
SOURCE Altaïr