Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures, in Stardog, an Arlington, VA-based enterprise knowledge graph platform enabling organizations to do more with, and achieve greater value from, their data in this age of generative artificial intelligence (AI).
The amount of the deal was not disclosed.
Led by Kendall Clark, co-founder and CEO, Stardog provides Enterprise Knowledge Graph platform, which has the ability to make real-world context machine-understandable, and are used by companies to facilitate enterprise data integration and unification. Instead of integrating data by combining tables, data is unified using a knowledge graph’s ability to endlessly link concepts — without changing the underlying data. This ability to unify data serves to connect data silos and produces a flexible data layer across the entire enterprise.
Organizations like Boehringer Ingelheim, Schneider Electric, and NASA use the platform to accelerate insights from data lakes, data warehouses, or any enterprise data source.
Stardog is the latest startup to join Accenture Venture’s Project Spotlight, an engagement and investment program that targets emerging technology companies that can help fill strategic innovation gaps for the Global 2000. In addition to capital investments, Accenture Venture’s Project Spotlight offers access to Accenture’s technology domain expertise and its enterprise clients. Technology companies co-innovate with Accenture at its Innovation Hubs, Labs and Liquid Studios, working with subject matter experts to adapt their solutions to the enterprise market and scale faster and more effectively.
FinSMEs
10/05/2023