Boomi announces latest acquisition, looks to extend data management offerings
Boomi, a Dell Technologies business, has announced it will acquire Unifi Software, the company that provides data cataloguing and data preparation solutions.
The acquisition will prove to expand Boomi’s integration and data management platform to accelerate data-driven insights for customers, according to a statement from the company.
More specifically, Unifi Software provides intelligent data discovery, catalog, and preparation offerings built on a cloud technology stack. Using this technology, customers can launch projects that uncover and derive insights from vast amounts of data across the enterprise; both known and unknown.
Essentially, Unifi alleviates data bottlenecks and delivers faster business insights, Boomi states.
Boomi CEO Chris McNabb says, “Boomi continues to drive the industry and redefine iPaaS. With the growth of multi-cloud, edge, and hybrid IT, managing data has become an enormous challenge for enterprises.”
“This acquisition allows our customers to derive insights, deliver intelligence, and drive action from known and unknown enterprise data. For most customers, on average, between 60-73% of their data is unknown; that is a huge blind spot when transforming your business,” McNabb says.
The addition of Unifi to Boomi’s data integration platform breaks down the barriers of operational data silos and democratises the flow of information across the enterprise, Boomi states.
At the core, these new capabilities bring self-service data discovery, catalogue, and preparation tools to empower business users providing a more complete solution to solve data integration challenges.
With automation and intelligence, Unifi’s technology allows users to predict the context of the data in order to discover where data resides, understand its structure and meaning, provide a level of trust in the quality of the data, and gives them the capabilities to ingest the data into data lakes, business systems, and AI projects.
Boomi CPO Steve Wood says, “Boomi is further extending its leadership position with this acquisition by providing customers with an unprecedented, data management platform with pervasive AI at its core.
“Unifi Software not only enables data discovery and cataloguing, but also data preparation in one platform which is key to truly leveraging your data to drive business insights.”
Unifi cofounder and VP Sean Keenan says, “The Unifi team has worked hard during the past few years to create the leading intelligent data preparation and catalogue platform, identified as such by industry analysts, and we’re thrilled that Boomi has recognised our leadership.”
The deal is expected to close in the near future, subject to customary closing conditions. Unifi is headquartered in San Mateo, CA and operates a development center in Bangalore, India.