SAP's acquisition spree signals the enterprise giant is serious about becoming an AI-ready data platform
SAP is acquiring open data lakehouse provider Dremio and AI company Prior Labs to expand its data platform. With Dremio, SAP's Business Data Cloud will combine SAP and non-SAP data using the open Apache Iceberg format. SAP CTO Philipp Herzig said the move will help customers go from fragmented data to AI-ready intelligence on an open platform. SAP is also investing one billion euros in Prior Labs over four years to advance tabular foundation models. The acquisitions are part of SAP's effort to catch up in AI.
SAP's acquisition spree signals the enterprise giant is serious about becoming an AI-ready data platform
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