Knoema continues to expand in knowledge management space
Knoema, provider of an end-to-end data and knowledge management platform, has acquired Adaptive Management, an alternative data aggregator and solutions provider. Financial terms of the transaction were not disclosed.
This acquisition will combine Knoema’s advanced knowledge management platform and global data repository with Adaptive’s catalog of thousands of alternative datasets to deliver a solution for enabling technical and non-technical users to integrate, discover, and use their enterprise data assets.
The acquisition adds nearly 1,300 alternative datasets to Knoema, expanding the reach of the powerful solution available for discovering, integrating, and using data. Alternative data vendors can now partner with Knoema to catalog, promote, and make their data instantly discoverable by over 500,000 individuals on Knoema’s Public Platform
Knoema says that DataFinder, the company's most recent innovation for bringing data into analyst workflows, will amplify this acquisition by giving Knoema clients a fourth pillar of data resources—alternative data—alongside their existing proprietary, subscription, and global data assets supported by Knoema.
Alternative data providers will now benefit from Knoema’s ability to help them monetize their data by making their datasets discoverable by hundreds of thousands of individuals on Knoema’s Public Platform. Knoema can also provide these vendors with tools for handling the heavy lifting inherent to data, including data management and entitlements, integrating the data into user workflows, and building user interfaces and APIs for delivery.
"Since the beginning, Knoema has been helping clients bring together their own data with subscription data, convert that data into knowledge, and then work collaboratively with it across the enterprise," said Charles Poliacof, Knoema CEO.
“The acquisition of Adaptive Management not only provides our clients with access to the world’s top-tier alternative data vendors, but it augments our vision for creating a knowledge and data experience where all of a user’s critical data assets are easily accessed from the most common desktop applications," added Poliacof. "This acquisition creates a compelling win-win for data providers that want their data easily found and accessible and data consumers who are currently drowning in a sea of spreadsheets, portals, and disparate data silos.”
For more information, visit www.knoema.com.