Oracle buys Culver City data science firm

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Oracle Corp. has acquired a Culver City, California-based data science platform.

DataScience.com centralizes data science tools, projects and infrastructure for enterprise operations. Data science teams use the platform to organize work, access data and computing resources, and execute end-to-end model development workflows.

The company’s clients including Amgen, Rio Tinto and Sonos use the platform to improve productivity, reduce operational costs and deploy machine learning solutions faster.

"Data science requires a comprehensive platform to simplify operations and deliver value at scale," said DataScience.com CEO Ian Swanson in a statement. "With DataScience.com, customers leverage a robust, easy-to-use platform that removes barriers to deploying valuable machine learning models in production."

Oracle (NYSE: ORCL) embeds artificial intelligence and machine-learning capabilities across its software-as-a-service and platform-as-a-service solutions, including big data, analytics and security operations. The company plans to integrate DataScience.com into its solutions to provide customers with a single data science platform.

Terms of the deal were not disclosed.

"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. "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."

Register for your tickets for the Data Science Summit here: https://www.thedatasciencesummit.com/book-your-tickets/

Source: https://www.bizjournals.com/losangeles/news/2018/05/17/oracle-buys-culver-city-data-science-firm.html

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