With the dramatic increase in diverse data, enterprises are quickly shifting to semantic knowledge graph-based technologies that can harmonize information across the business for streamlined data preparation, data discovery and interactive analytics.
BOSTON (PRWEB) February 22, 2018
Cambridge Semantics, the leading provider of a universal semantic layer for enterprise data management and connected data analytics solutions, today announced a record year of innovation and growth with the release of its award-winning Anzo Smart Data Lake (ASDL) 4.0 platform, a two-fold increase in customers, and expansion into multiple vertical markets.
The company released ASDL 4.0 in September 2017, offering an end-to-end, enterprise-scale open platform that creates a standards-based semantic layer that describes, connects and facilitates unified access to all of an organization’s structured and unstructured data assets. ASDL’s graph-based technology transforms all enterprise data into reusable knowledge graphs that are accessible in any combination by any authorized user in their business language. Organizations use the product to more quickly achieve insights that ultimately promote faster and far better informed decision-making, based on a broader and deeper understanding of all the information available. Its data catalog uses graph models to describe all data in business context and tracks the full data lineage from data source to dashboard. ASDL 4.0 was recognized as a ‘Trend-Setting Product’ in data information and management by Database Trends and Applications.
In 2017 Cambridge Semantics expanded its customer base in the financial services, healthcare and pharmaceutical industries, as well as increased its presence internationally and in additional vertical markets, including government, oil and gas, and material sciences.
The company quadrupled its salesforce while adding veteran industry professionals to key positions over the past year. The company added former CEO of Netezza Jit Saxena as a new board member and Steve Dischinger as vice president of business development and alliances.
“2017 was a milestone year for us. With the dramatic increase in diverse data, enterprises are quickly shifting to semantic knowledge graph-based technologies that can harmonize information across the business for streamlined data preparation, data discovery and interactive analytics,” said Alok Prasad, president of Cambridge Semantics. “We’ve been thinking about these issues for quite some time, and we’ve solved the most difficult problems of managing the data lineage, process governance and security at scale. Our hard work is now paying off.”
“Industry pundits have dubbed 2018 ‘The Year of the Graph’ and we agree,” said Prasad. “It’s become essential for enterprises to have quick, self-service discovery and exploratory analytic capabilities against all their data, and graph-based solutions are the key in securing valuable insights.”
“We expect this year to be even stronger for market penetration as the promise of semantically-linked graph databases is now being realized,” said Prasad. “Graph technologies will also serve as the underlying infrastructure in the growth areas of machine learning and artificial intelligence (AI).”
About Cambridge Semantics
Cambridge Semantics Inc., The Smart Data Company®, is a big data management and enterprise analytics software company that offers a universal semantic layer to connect and bring meaning to all enterprise data. Its software, the Anzo Smart Data Lake®, allows IT groups and their business users to semantically link, analyze and manage diverse data whether internal or external, structured or unstructured, with speed, at big data scale and at the fraction of the implementation costs of using traditional approaches.
Cambridge Semantics is based in Boston, Massachusetts.
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Mike Kilroy/Lora Wilson
Global Results Communications for Cambridge Semantics
+1 (949) 608-0276