IBM has announced a definitive agreement to acquire Pittsburgh, Pennsylvania based Vivisimo. The privately held company is a provider of federated discovery and navigation software that helps organizations access and analyze big data across the enterprise. Financial terms for the deal were not disclosed.
According to the company, Vivisimo software helps in capturing and delivering information across a range of data sources, irrespective of format or its location. The software is said to be capable of automating the discovery of data and in helping employees navigate it with a single view across the enterprise.
This acquisition will help accelerate IBM's big data analytics initiatives with advanced federated capabilities allowing organizations to access, navigate, and analyze the full variety, velocity and volume of structured and unstructured data without having to move it, the company said. "Navigating big data to uncover the right information is a key challenge for all industries," said Arvind Krishna, GM-Information Management, IBM Software Group. "The winners in the era of big data will be those who unlock their information assets to drive innovation, make real-time decisions, and gain actionable insights to be more competitive," he said.
IBM's push for Big Data becomes more relevant with its estimate that 2.5 quintillion bytes of data are created every day from a variety of sources including sensors, social media, and billions of mobile devices around the world, making it difficult for businesses to navigate and analyze it to improve competitiveness, efficiency, and profitability. Vivisimo's ability to index and search data across multiple repositories is a distinguishing capability, applicable to all industries and clients, the company said.
"Businesses need a faster and more accurate way to discover and navigate big data for analysis" said John Kealey, Chief Executive Officer, Vivisimo. "As part of IBM, we can bring clients the quickest and most accurate access to information necessary to drive growth initiatives," he added.