MathCo Launches Databricks Center of Excellence to Accelerate Agentic Readiness for Enterprises
SAN FRANCISCO, June 09, 2025 (GLOBE NEWSWIRE) -- MathCo®, a global leader in Enterprise AI and analytics, today announced the launch of a dedicated Databricks Center of Excellence (CoE) to deepen its strategic collaboration with Databricks, the Data and AI company. The CoE is designed to accelerate Agentic AI readiness and help enterprises build and scale autonomous agents using the Databricks Data Intelligence Platform.The MathCo Databricks CoE is designed to drive innovation for enterprises already on Databricks, as well as those seeking to migrate to the platform. With proven impact across diverse business use cases, MathCo will continue to scale its Databricks-certified talent pool and build Databricks Champions. The company will accelerate time-to-value through pre-built solution accelerators for Life Sciences, Retail, and CPG. This will be led by a team of highly proficient and experienced engineers and domain experts.
From unifying and governing data to securely deploying solutions on the Databricks Data Intelligence Platform, MathCo has built a structured, scalable framework to enable a strong foundation for agentic readiness.
Aakarsh Kishore, Chief Product Officer and Head of Technology Services at MathCo, said, 'Enterprise Intelligence is at the heart of everything we do. Our vision aligns closely with Databricks—to empower businesses with scalable, high-impact solutions that drive real value, now and into the future. We're especially excited about agentic AI possibilities using MathCo's GenAI-native platform, NucliOS, in tandem with Databricks' Data Intelligence Platform.'
NucliOS, MathCo's proprietary decision intelligence platform, natively integrates with Databricks to bring speed, scalability, and business context into the build, management, and consumption of data and analytics assets. Today, NucliOS powers over 100+ use cases across Retail, CPG, Life Sciences, and Healthcare—delivering measurable ROI for leading global enterprises.
Bill Stampfl, Head of Global Alliance Strategy & Growth at MathCo, added, 'We're focused on strengthening our partnership with Databricks by rapidly increasing our pool of certified professionals and building joint go-to-market solutions that unlock value for existing clients and drive new growth. With our track record of delivering accelerated solutions for Fortune 500 companies on Databricks, we're confident in our strength to scale this impact even further.'
, said, 'MathCo has demonstrated a deep understanding of the Databricks Data Intelligence Platform. We're excited about the innovation that MathCo is driving through their platform, NucliOS, and look forward to delivering transformative enterprise AI solutions together.'
As part of its talent development roadmap, MathCo will leverage Coach, its in-house learning university, to upskill subject matter experts on Databricks. This initiative includes hands-on training, enablement programs, and fast-tracked certification pathways designed to build deep technical capabilities across the organization.
MathCo is also proud to be a sponsor at the Databricks Data + AI Summit 2025, where it will showcase its offerings and host live demos of NucliOS at Booth #654 from June 9–12, 2025, at Moscone Center, San Francisco.
About MathCo
TheMathCompany or MathCo® is a global Enterprise AI and Analytics company, trusted for data-driven decision making by some of the largest organizations across industries. Founded in 2016, MathCo builds custom data products through its innovative hybrid model and transfers the ownership of intellectual properties to its clients. NucliOS, MathCo's proprietary platform with pre-built workflows and reusable plug-and-play modules, enables the vision of connected intelligence at a lower TCO. MathCo's full-stack team provides a holistic range of services spanning strategy, advanced analytics, data engineering and governance, MLOps, GenAI, data visualization, and adoption advisory services. MathCo's numerous accolades include recognitions in Gartner's Magic Quadrant for D&A Providers, Everest Group's Peak Matrix Assessment, and being listed as a Great Place to Work. To know more about how MathCo supports organizations to own and activate intelligence, click here.
Shreya MukherjeeShreya.Mukherjee@mathco.com+91 9830742710
Disclaimer: This press release is provided by the The Math Company. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0e3f6dbc-dc5d-4027-84a5-bd02cae72273
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
2 hours ago
- Business Wire
Atropos Health Partners with Databricks to Accelerate Evidence Generation and Advance Precision Medicine in Healthcare
PALO ALTO, Calif.--(BUSINESS WIRE)--Atropos Health, a leader in translating real-world clinical data into personalized real-world evidence (RWE) and insights, and Databricks, the Data and AI company, today announced a partnership to advance precision medicine for healthcare and life sciences organizations. By building on the Databricks Data Intelligence Platform and leveraging Delta Sharing, Atropos Health empowers clinicians and researchers to generate actionable, evidence-based insights to accelerate drug discoveries and reduce the time from symptom to treatment. Atropos Health utilizes Delta Sharing to access and link datasets across the Atropos Evidence™ Network, the largest federated data network in healthcare with over 300M patient records, including oncology data. Delta Sharing is Databricks' open source approach that enables customers to share live data across platforms, clouds and regions with strong security and governance. The new partnership combines Atropos Health's deep expertise in real-world evidence generation with Databricks' data intelligence expertise. "Turning data into actionable evidence rapidly and accurately will accelerate the pace of innovation in healthcare,' said Dr. Brigham Hyde, CEO and co-founder at Atropos Health. "By responsibly and compliantly linking massive data sets in healthcare, we will drive not only better outcomes for patients, but a seamless user experience for healthcare researchers and providers." 'As we continue to help healthcare and life sciences organizations unlock the power of data intelligence, we're excited to welcome Atropos Health to the Built on Databricks Partner Program. Databricks is invested in bringing the best technology solutions to market for every industry, and this includes working with partners like Atropos Health,' said Michael Sanky, VP of Healthcare & Life Sciences GTM at Databricks. 'Atropos Health exemplifies the transformative potential of building on Databricks, and it's incredible to watch its adoption among healthcare and life sciences organizations who are excited to harness the full power of their data.' Atropos Health recently launched Nodal Patient Deidentification and Query Time Interval Encoding across the GENEVA OS™ platform for members of the Atropos Evidence Network. The addition of Nodal Deidentification to the GENEVA OS platform enables users to fill data gaps in patients longitudinal records from participating Atropos Evidence Network sources, ensuring the most robust deidentified patient records while maintaining data possession and security. Through this partnership, Atropos Health and Databricks are unlocking new opportunities in healthcare and life sciences by providing GENEVA OS™ and the Atropos Evidence™ Network as a single solution for data and analytics, combining Atropos Health's deep expertise in RWE with Databricks' data intelligence expertise. Customers rely on Atropos Health's portfolio of evidence-generation tools through the federated installation of GENEVA OS in their internal cloud data environment. About Atropos Health Atropos Health is the developer of GENEVA OS™, the operating system for rapid healthcare evidence across a robust network of real-world data. Healthcare and life science organizations work with Atropos Health to close evidence gaps from bench to bedside, improving individual patient outcomes with data-driven care, expediting research that advances the field of medicine, and more. We aim to transform healthcare with timely, relevant real-world evidence. To learn more about Atropos Health, visit or connect through LinkedIn or follow on X (Twitter) @AtroposHealth.
Yahoo
4 hours ago
- Yahoo
CEA Industries Enters Canadian Vape Market with Completion of Fat Panda Acquisition
Closes Acquisition of Leading Vape Operator with 33 Locations and Over 50% Market Share in Central Canada Adds High-Margin, CAD $38.5 Million Revenue Platform to Accelerate Growth and Drive Shareholder Value Conference Call Scheduled for June 11, 2025 at 4:30pm ET to Review the Supporting Investor Presentation on the CEA Industries Website Louisville, Colorado, June 09, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) ('CEA Industries' or the 'Company'), today announced the completion of its acquisition of Fat Panda Ltd. ('Fat Panda'), Central Canada's largest independent vape retailer and vertically integrated manufacturer. The acquisition accelerates CEA's strategic diversification while establishing a scalable platform in one of the fastest-growing sectors of the regulated nicotine market. Founded in 2013, Fat Panda operates 33 high-traffic retail locations across Manitoba, Ontario, and Saskatchewan, supported by a national e-commerce platform. The company's vertically integrated model includes ISO-certified manufacturing facilities for its e-liquid production and direct supplier relationships, enabling product consistency, streamlined sourcing, and improved cost structure. With over 50% regional market share and a loyal customer base, Fat Panda generated approximately CAD $38.5 million (USD $28.5 million) in revenue with 39% gross margins and CAD $8.0 million (USD $5.9 million) (before ownership distributions) in adjusted EBITDA in the fiscal year ended April 30, 2024, based on preliminary unaudited results. 'This acquisition marks a significant milestone for CEA as we expand into a dynamic, high-growth regulated vertical benefiting from strong consumer demand,' said Tony McDonald, Chairman and CEO of CEA Industries. 'Fat Panda brings an established brand, experienced leadership, and a highly profitable operating model that can be rapidly scaled with our capital and strategic support. Importantly, this acquisition exemplifies our commitment to identifying accretive opportunities that can unlock meaningful long-term value for our shareholders.' 'Joining CEA Industries provides the financial strength and operational support to accelerate our vision,' said Jordan Vedoya, Co-Founder and President of Fat Panda. 'We are excited to deepen our footprint, elevate our e-commerce presence, and continue delivering value through Fat Panda's customer-centric approach across Canada's regulated vape industry.' Fat Panda will operate under its existing brand led by the current management team to ensure a seamless transition with uninterrupted operations. Mr. Vedoya will also lead integration efforts and spearhead expansion across both retail and digital channels. Strategic Benefits of the Transaction Leads Central Canada's Regulated Vape Market – Fat Panda operates 33 corporate-owned stores across three provinces with over 50% regional market share, establishing immediate category leadership. Expands Scalable Omnichannel Platform – Combines a national e-commerce footprint with high-traffic retail locations, driving over CAD $2 million in annual online sales. Drives Margin Accretion Through Vertical Integration – In-house manufacturing and direct supplier relationships support 39% gross margins and CAD $8.0 million in adjusted EBITDA in fiscal year 2024. Establishes Durable Competitive Moat – Proprietary product formulations, a robust trademark portfolio, and regulatory alignment under the Tobacco and Vaping Products Act (TVPA) differentiate Fat Panda in the dynamic regulatory landscape. Enables Platform Growth Through Expansion and M&A – With CEA Industries capital and strategic support, Fat Panda is positioned to open new locations, acquire complementary retailers, and scale profitably across Canada. Transaction Terms The CAD $18.0 million (USD $12.6 million) purchase price comprises approximately CAD $12.1 million in cash, 39,000 shares of CEAD common stock with an agreed value of CAD $700,000, and seller notes totaling CAD $2.56 million. A portion of the purchase price was funded by a short-term loan from a United States based lender in the amount of USD $4.0 million, which is due in six months. In addition, CAD $2.6 million has been placed in escrow to support post-closing adjustments, indemnity obligations, and employee-related matters. Conference Call and Investor Presentation CEA Industries will host a conference call to discuss the acquisition and strategic implications for the Company on Wednesday, June 11, 2025 at 4:30pm ET. A live webcast and accompanying investor presentation will be available on the Investor Relations section of the Company's website at To access the call, please use the following information: Dial-in: 1-973-528-0008 Access Code: 891969 Webcast URL: A replay of the webcast will be available shortly after the event and archived online. About CEA Industries Inc. CEA Industries Inc. (NASDAQ: CEAD) is a growth-oriented company focused on building category-leading businesses in regulated consumer markets. With a focus on the high-growth, Canadian nicotine vape industry, one of the fastest-expanding segments of the global nicotine market, CEA Industries targets scalable operators with strong regulatory alignment, defensible market share, and high-margin business models. The Company provides capital, operational expertise, and strategic resources to accelerate retail expansion, strengthen e-commerce infrastructure, and drive long-term value creation in performance-driven sectors. For more information, visit Forward Looking Statements This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect our current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release, including the factors set forth in 'Risk Factors' set forth in our annual and quarterly reports filed with the Securities and Exchange Commission ('SEC'), and subsequent filings with the SEC. Please refer to our SEC filings for a more detailed discussion of the risks and uncertainties associated with our business, including but not limited to the risks and uncertainties associated with our business prospects and the prospects of our existing and prospective customers; the inherent uncertainty of product development; regulatory, legislative and judicial developments, especially those related to changes in, and the enforcement of, cannabis laws; increasing competitive pressures in our industry; and relationships with our customers and suppliers. Except as required by the federal securities laws, we undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. The reference to CEA's website has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release. Non-GAAP Financial Measures To supplement our financial results on U.S. generally accepted accounting principles ('GAAP') basis, we use non-GAAP measures including net bookings and backlog, as well as other significant non-cash expenses such as stock-based compensation and depreciation expenses. We believe these non-GAAP measures are helpful in understanding our past performance and are intended to aid in evaluating our potential future results. The presentation of these non-GAAP measures should be considered in addition to our GAAP results and are not intended to be considered in isolation or as a substitute for financial information prepared or presented in accordance with GAAP. We believe these non-GAAP financial measures reflect an additional way to view aspects of our operations that, when viewed with our GAAP results, provide a more complete understanding of factors and trends affecting our business. Investor Contact: Sean Mansouri, CFA or Aaron D'SouzaElevate IRinfo@ (720) 330-2829
Business Upturn
5 hours ago
- Business Upturn
MathCo Launches Databricks Center of Excellence to Accelerate Agentic Readiness for Enterprises
SAN FRANCISCO, June 09, 2025 (GLOBE NEWSWIRE) — MathCo®, a global leader in Enterprise AI and analytics, today announced the launch of a dedicated Databricks Center of Excellence (CoE) to deepen its strategic collaboration with Databricks, the Data and AI company. The CoE is designed to accelerate Agentic AI readiness and help enterprises build and scale autonomous agents using the Databricks Data Intelligence Platform. The MathCo Databricks CoE is designed to drive innovation for enterprises already on Databricks, as well as those seeking to migrate to the platform. With proven impact across diverse business use cases, MathCo will continue to scale its Databricks-certified talent pool and build Databricks Champions. The company will accelerate time-to-value through pre-built solution accelerators for Life Sciences, Retail, and CPG. This will be led by a team of highly proficient and experienced engineers and domain experts. From unifying and governing data to securely deploying solutions on the Databricks Data Intelligence Platform, MathCo has built a structured, scalable framework to enable a strong foundation for agentic readiness. Aakarsh Kishore, Chief Product Officer and Head of Technology Services at MathCo, said, 'Enterprise Intelligence is at the heart of everything we do. Our vision aligns closely with Databricks—to empower businesses with scalable, high-impact solutions that drive real value, now and into the future. We're especially excited about agentic AI possibilities using MathCo's GenAI-native platform, NucliOS, in tandem with Databricks' Data Intelligence Platform.' NucliOS, MathCo's proprietary decision intelligence platform, natively integrates with Databricks to bring speed, scalability, and business context into the build, management, and consumption of data and analytics assets. Today, NucliOS powers over 100+ use cases across Retail, CPG, Life Sciences, and Healthcare—delivering measurable ROI for leading global enterprises. Bill Stampfl, Head of Global Alliance Strategy & Growth at MathCo, added, 'We're focused on strengthening our partnership with Databricks by rapidly increasing our pool of certified professionals and building joint go-to-market solutions that unlock value for existing clients and drive new growth. With our track record of delivering accelerated solutions for Fortune 500 companies on Databricks, we're confident in our strength to scale this impact even further.' Greg Taylor, Vice President of Partners APJ at Databricks , said, 'MathCo has demonstrated a deep understanding of the Databricks Data Intelligence Platform. We're excited about the innovation that MathCo is driving through their platform, NucliOS, and look forward to delivering transformative enterprise AI solutions together.' As part of its talent development roadmap, MathCo will leverage Coach, its in-house learning university, to upskill subject matter experts on Databricks. This initiative includes hands-on training, enablement programs, and fast-tracked certification pathways designed to build deep technical capabilities across the organization. MathCo is also proud to be a sponsor at the Databricks Data + AI Summit 2025, where it will showcase its offerings and host live demos of NucliOS at Booth #654 from June 9–12, 2025, at Moscone Center, San Francisco. About MathCo TheMathCompany or MathCo® is a global Enterprise AI and Analytics company, trusted for data-driven decision making by some of the largest organizations across industries. Founded in 2016, MathCo builds custom data products through its innovative hybrid model and transfers the ownership of intellectual properties to its clients. NucliOS, MathCo's proprietary platform with pre-built workflows and reusable plug-and-play modules, enables the vision of connected intelligence at a lower TCO. MathCo's full-stack team provides a holistic range of services spanning strategy, advanced analytics, data engineering and governance, MLOps, GenAI, data visualization, and adoption advisory services. MathCo's numerous accolades include recognitions in Gartner's Magic Quadrant for D&A Providers, Everest Group's Peak Matrix Assessment, and being listed as a Great Place to Work. To know more about how MathCo supports organizations to own and activate intelligence, click here. Shreya Mukherjee [email protected] +91 9830742710 Disclaimer: This press release is provided by the The Math Company. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
