Latest news with #DataWorld
Yahoo
15-05-2025
- Business
- Yahoo
Lobster unveils its "Data World" - a digital ecosystem powering next-generation data integration
MUNICH, 15 May 2025 /PRNewswire/ -- A new chapter in digital supply chains begins today with the launch of the Lobster Data World – a revolutionary ecosystem that breaks down data silos, supercharges collaboration, and empowers organisations to unlock the full potential of their data. Developed by Lobster, the software company connecting people and data for a better future, this strategic move brings its entire suite of integration capabilities together into one single, seamless offering. The Lobster Data World will serve as the backbone for global supply chains, helping businesses adapt and innovate amid ever-shifting market demands. "As we navigate unpredictable landscapes, data has become one of the most powerful assets organisations have to mitigate risks and gain a competitive edge," said Tim Srock, CEO of Lobster. "The Data World isn't just another product – it's our vision for a truly connected world. We're empowering companies to eliminate recurring connectivity issues, anticipate challenges before they arise, and build smarter, more resilient supply chains." Data World: Solving real-world data challenges The Data World directly addresses today's most critical data integration pain points: Breaking down data silos: Integrates legacy infrastructure with modern cloud platforms to unlock trapped data. Seamless collaboration: Facilitates secure, real-time information exchange between trading partners through the Data Network. Intelligent insights: AI-driven analytics uncover actionable patterns for smarter decision-making. Accelerated innovation: Empowers teams to rapidly develop data-driven applications. Simplified governance: Ensures secure data access and policy implementation through built-in compliance features. The four pillars of the Data World Data Network: Connects shippers, retailers, logistics service providers, carriers, tech vendors in a seamless, zero-touch ecosystem. Hundreds of network participants are already seeing the benefits of automated onboarding, enhanced visibility, and significant cost savings. Data Ecosystem: The Data Ecosystem sustains our Data Network by bringing together strategic partners, a collaborative community, a dynamic marketplace, and continuous learning through Lobster Academy. This integrated approach accelerates innovation, empowers users, and drives value creation for customers. Data Products: Out-of-the-box, plug-and-play solutions for critical business processes. With a few clicks, companies can leverage fully managed Data Poducts for purchasing, logistics operations, e-commerce, and even e-invoicing. Data Platform: A configurable environment with intuitive drag-and-drop interfaces, enabling users – from developers to business teams – to create custom integrations and applications and even build on the functionality of the Data Products. "Technology is an enabler; people drive transformation," said Jethro Borsje, Chief Product Officer at Lobster. "That's why Lobster Data World is designed to be intuitive, scalable, and accessible – putting the power in the hands of every user." "The Lobster Data World is more than an evolution — it's a paradigm shift in connectivity," added Gonçalo Gaiolas, Chief Product & Technology Officer at SoSafe and Board Member of Lobster. "By unifying people, systems, and processes, Lobster is paving the way for a more adaptive and responsive global supply chain ecosystem." Lobster introduced the Data World to over 1,000 attendees at its Data Hero Summit, held on May 14th in Munich, Germany. The event served as a platform for showcasing real-world use cases, partner integrations, and hands-on demos of the new offering in action. About LobsterLobster is a software development company dedicated to connecting people and data for a better future. The Lobster Data World is a global data ecosystem that provides a 360° data view and empowers teams to solve challenges effectively. It eliminates complexity by enabling real-time integration and intelligent automation to break down silos and foster secure collaboration across complex supply chains. With a presence in DACH, the UK, France, Scandinavia, and the Benelux – serving over 2,000 customers globally – Lobster enables companies to unlock the full potential of their data and stay agile in a rapidly evolving digital world. Logo - - View original content to download multimedia:
TechCrunch
07-05-2025
- Business
- TechCrunch
ServiceNow acquires Data.World months after snatching up Moveworks
Enterprise workflow management platform ServiceNow on Wednesday announced its second AI-related acquisition this year. ServiceNow said that it has signed a definitive agreement to acquire a cloud-native data catalog and data governance platform. Austin, Texas-based now called Declan, was founded in 2015, and previously raised more than $130 million in venture financing from firms including Alumni Ventures, Prologis Ventures, and Shasta Ventures, according to Crunchbase. The terms of the deal weren't disclosed. Declan was most recently valued at $350 million in the company's 2022 $50 million Series C round, per PitchBook. Gaurav Rewari, an SVP and GM of data analytics at ServiceNow, told TechCrunch that ServiceNow was looking for companies they could partner with that would help customers deploy AI at scale. Specifically, ServiceNow was looking to give businesses better resources to make their data 'AI-ready.' 'As I like to say, this path to agentic 'AI heaven' goes through some form of data hell, and that's the grim reality,' Rewari said. He added that Declan was the right choice to help ServiceNow customers with this problem because Declan helps enterprises organize and easily search through their data. The addition of Declan's data governance tools will help customers get the most out of their AI agents and other forms of AI automation, Rewari said. 'We looked at a bunch of companies and came away so impressed with what they had built,' he added. 'We felt that the whole journey that they were on, with respect to metadata management [and] knowledge-based infrastructure, to provide cataloging of data across the vast enterprise and the governance of that data itself — that could be an extremely important addition to our product portfolio.' Techcrunch event Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | BOOK NOW Rewari said that once the deal closes, Declan will begin integrating into ServiceNow, with Declan's platform being offered as a product to ServiceNow customers in the near future. It's ServiceNow's second acquisition in recent months. ServiceNow announced in March that it agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools, for $2.85 billion. These acquisitions all fit nicely into ServiceNow's plan to embrace agentic AI and the tools required to build it. In March 2024, ServiceNow SVP of corporate business development, Philip Kirk, told TechCrunch that ServiceNow was going to approach the transition to agentic AI through a mix of building and buying capabilities. 'It is kind of three-dimensional chess right now to figure out whether to build, buy, or partner,' Kirk said at the time. 'I think the biggest thing that we try to prioritize is how we can make decisions that are in the long-term best interest of our customers, and that differentiate us from what we know we're world-class at, which is enterprise automation in our platform.'
