Oracle snaps up data science platform to boost machine learning capabilities
Oracle has agreed to buy California-based data analytics specialist DataScience.com for an undisclosed fee to boost its machine learning capabilities.
DataScience.com offers a one-stop data analytics platform, providing self-service access to open source data science tools, and related projects and infrastructure. The platform allows customers, including mining conglomerate Rio Tinto and smart-speaker company Sonos, among others, to deploy machine learning solutions, and manage productivity and costs.
Oracle will integrate the DataScience.com platform with its cloud infrastructure business. The cloud computing giant said the purchase will enhance its software as a service (SaaS) and platform as a service (PaaS) solutions, and help customers “realise the full potential” of artificial intelligence based IT systems.
“Every organisation 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’s cloud platform business.
“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.”
Ian Swanson, chief executive of DataScience.com, commented: “Data science requires a comprehensive platform to simplify operations and deliver value at scale. With DataScience.com, customers leverage a robust, easy-to-use platform that removes barriers to deploying valuable machine learning models in production.”