Servicenow acquires data.

Servicenow announced the Foundation’s workflow platform on Wednesday its second acquisition of the prosecution this year.

servicenow He said that she signed a final agreement to acquire her data.worldThe original cloud data catalog and the data governance platform. Austin, Texas -based Data. World, which is now called Declaan, in 2015, has previously raised more than $ 130 million in project financing from companies including Alumny Ventures, Prologis Ventures and SHASTA VENTERES, According to Crunchbase.

The conditions of the deal were not revealed. It was recently worth $ 350 million in 2022 for the company Tour of $ 50 millionand For all pitchbook.

Gaurav Rewari, SVP and GM, told Servicenow, Techcrunch that Servicenow was looking for companies that they could partner with that would help customers spread artificial intelligence. Specifically, Servicenow was looking to give companies better resources to make their “ready” data.

“I like to say, this path passes to” Ai Heaven “, the agent through a form of hell, and this is the dark reality,” said Rewari.

He added that Diklan was the right choice to help service customers in this problem because Diklan helps institutions to organize and search easily through their data. Ryari said that adding data governance tools in Diklan would help customers achieve the utmost benefit from artificial intelligence agents and other forms of artificial intelligence automation.

He added: “We looked at a group of companies and got out of their admiration for what we have built.” “We felt that the entire journey that they were, regarding an infrastructure based on descriptive data (and) that is based on knowledge, to provide data indexing through the vast institution and the governance of that same data-which could be a very important addition to our product portfolio.”

Rewari said that once the deal is closed, Declan will start integrating into Servicenow, where the Declaan platform is presented as a producer of Servicenow customers in the near future.

It is the second Servicenow acquisition in recent months.

Servicenow announced in March that it had agreed to this Get movereatsAnd that develops automation that focuses on institutions and artificial intelligence tools, for $ 2.85 billion.

All these acquisitions are well suitable for the Servicenow plan to embrace AICENC AI and the tools needed to build them. In March 2024, said Servicenow SVP to develop companies’ business, Philip Kirk, Techcrunch that Servicenow will deal with AIC. Through a mixture of built and purchasing abilities.

“It is a type of 3D chess at the present time to see if it should be built, purchased or partner,” Kirk said at the time. “I think the biggest thing we are trying to define its priorities is how we can make decisions that are in the interest of our customers in the long run, which distinguishes us from what we know on a global level, which is the automation of institutions on our platform.”