Acquisition will enable Actian, a division of HCLSoftware, to offer customers a complete data ecosystem.
HCLSoftware, the software business division of HCLTech, today announced that it completed the acquisition of Zeenea, an innovator in data catalog and governance solutions based in Paris, France. The acquisition of Zeenea enables Actian, a division of HCLSoftware, to offer a unified data intelligence and governance solution that empowers customers to seamlessly discover, govern, and maximize the value of their data assets. It also further extends Actian’s presence, workforce, and customer base in Europe.
“To become data-driven, organizations of all sizes need data governance to ensure the most effective and efficient use of quality data throughout its life cycle,” said Marc Potter, CEO at Actian. “With Zeenea as part of our portfolio, Actian offers customers a complete data ecosystem – making Actian a one-stop shop for all things data. Together, we will help our customers propel their GenAI and analytics initiatives forward by boosting confidence in data preparation and enhancing data readiness.”
Also Read: The Top 10 CMOs Shaping the Texas Business Landscape
According to ISG Research, 85% of enterprises believe that investment in generative AI technology in the next 24 months is critical. Data governance and data quality work in tandem to ensure the data feeding the GenAI solutions is accurate, complete, fit-for-purpose, and used according to governance policies.
Zeenea is recognized for its cloud-native Data Discovery Platform with universal connectivity that supports metadata management applications from search and exploration to data catalog, lineage, governance, compliance, and enterprise data marketplace. Powered by an adaptive knowledge graph, Zeenea enables organizations to democratize data access and generate a 360-degree view of their assets, including the relationships between them.
