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Home News Business

IBM acquires StreamSets and webMethods, enhancing automation, data, and AI portfolio

News Desk by News Desk
July 2, 2024
IBM Software AG

IBM completes the acquisition of StreamSets and webMethods from Software AG. The acquisition brings together leading capabilities in integration, API management, and data ingestion. 

The acquisition builds on IBM’s extensive software portfolio, with StreamSets adding new data ingestion capabilities to IBM’s AI and data platform and webMethods bringing Integration Platform as a Service (iPaas) capabilities to IBM’s Automation solutions.

StreamSets and webMethods currently serve more than 1,500 companies worldwide and will provide additional integration technologies for next-generation AI applications that require data and connectivity to everything, everywhere.

The industry continues to grow, with IDC predicting the worldwide integration software market to exceed $18.0 billion in 2027.

“This is an important acquisition for IBM as we help our clients turn complexities into competitive advantage,” said Dinesh Nirmal, Senior Vice President, Products, IBM Software. “StreamSets and webMethods bring new capabilities to our clients to embrace data and AI to better manage the growth and complexity of applications. We will empower integrators, developers, and line of business IT to build and manage integrations at an even greater and more impactful scale.”

StreamSets adds cloud-based, real-time data ingestion capabilities for various types of data to watsonx, IBM’s AI and data platform. It allows the movement of large amounts of data from multiple sources to a centralized storage center for use by other systems/applications.

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StreamSets will also further extend the breadth and depth of IBM’s Data Fabric and Data Integration capabilities by enabling the design of streaming data pipelines.

IBM plans to extend the webMethods iPaaS to support the IBM integration products, giving current customers a path to multi-cloud hybrid integration.  By supporting various patterns of integration, including applications, APIs, events, and B2B, IBM will help enable users to compose modern, unified, and seamless applications and services.

Also Read: WPP and IBM join hands to solve B2B marketing challenges with help of AI

News Desk

News Desk

by CXO VOICE team memebrs, [email protected]

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