SAP Acquires Askdata

sap

SAP SE (NYSE: SAP) acquired Askdata, a Rome, Italy-based startup focused on search-driven analytics.

The amount of the deal was not disclosed.

With the acquisition of Askdata, SAP strengthens its ability to help organizations take better-informed decisions by leveraging AI-driven natural language searches. Users are empowered to search, interact and collaborate on live data to maximize business insights. Askdata’s IP will become part of SAP Business Technology Platform and contribute to a next-generation lightweight analytics experience for SAP Analytics Cloud solution customers and to line-of-business applications.

Available in multiple languages, Askdata’s personalized experience connects live to source applications without moving data, while retaining the complete business context to return meaningful answers and proactive insights.

Askdata applies artificial intelligence technology to natural language processing, which gives users the ability to answer any data question with a simple search. Users can interact with data in a simpler way, without having to learn a self-service analytics product, enabling them to extract maximum value from data quickly.

FinSMEs

22/07/2022