Raleigh-Durham News

IBM Acquires Manta Software to Enhance Trust and Transparency in AI Data

Alcove Team ยท 10/25/23

IBM Acquires Manta Software to Enhance Trust and Transparency in AI Data

Why It Matters:

As businesses integrate AI into their workflows and data becomes more complex, ensuring data quality and explainability are crucial. IBM's acquisition of Manta Software aims to enhance trust and transparency in AI data, addressing concerns about the lineage or provenance of data.

The Details:

  • Manta Software offers a data lineage platform that tracks the flow of data over time, providing insights into its origin, changes, and ultimate destination within the data pipeline.

  • IBM's acquisition of Manta Software will enable its services, including Watson.ai, to deliver data and products to customers that are built on principles of trust and transparency.

  • The acquisition comes in response to IBM's 2023 CEO study, which found concerns about data lineage as the top barrier to generative AI adoption.

  • IBM and Manta have been working together since June 2022, and the financial terms of the deal were not disclosed.

  • IBM has acquired eight companies in 2023 and over 30 firms since Arvind Krishna became CEO in April 2020.

  • IBM, known for its ownership of Red Hat and significant presence in North Carolina, continues to expand its AI capabilities.

Conclusion:

IBM's acquisition of Manta Software demonstrates its commitment to addressing concerns about data lineage and ensuring trust and transparency in AI-driven processes. By leveraging Manta's data lineage platform, IBM aims to deliver high-quality and explainable data to its customers, enabling them to make more informed decisions.