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Databricks Acquires MosaicML and Other Recent AI Acquisitions

ODSC - Open Data Science

For IBM, this is another vertical acquisition toward cloud management services, as back in 2021, the company bought Turbonomic for a reported $1.5 Overall, their goal is to provide Snowflake customers the ability to “maximize the value of data”. These moves signal to some that IBM is going in deep with automation.

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Turning hybrid cloud security into a profit center

IBM Journey to AI blog

According to a 2021 study by the IBM Institute for Business Value (IBV), 80% of executives expected their organizations to operate more than 10 distinct clouds by 2023, up from eight in 2020. The threat landscape is more drastic than ever, with cyberattacks targeting everything from customer data to power grids. million people. .

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IBM to help businesses scale AI workloads, for all data, anywhere

IBM Journey to AI blog

Supporting the data management life cycle According to IDC’s Global StorageSphere, enterprise data stored in data centers will grow at a compound annual growth rate of 30% between 2021-2026. [2] Savings may vary depending on configurations, workloads and vendors. [2]