On behalf of the Algorithms.io team, I’m pleased to announce
that LumenData, a leader in the Master Data Management (MDM) and Data Strategy
space, has acquired Algorithms.io. LumenData’s
solutions are used by dozens of enterprises to address the difficult problems
of data integration, cleansing, and maintenance. The company’s MDM software aggregates data
across the enterprise into a “single-source of truth” that customers can rely
on to effectively run their business.
We founded Algorithms.io to help companies use data
generated by connected devices to identify insights and products. As adoption of our cloud machine learning
platform has grown, we’ve come to realize that expertise in data strategy and
integration is an integral part of providing larger, more meaningful
solutions. The days of Big Data are
still young, and while the market has been flooded with new technologies,
companies still need a trusted advisor to help them understand what data to use
and how to best assemble it in order to get the most value from analytics. By combining LumenData’s expertise in overall
data strategy and our powerful cloud platform, we are positioned well to work
with our collective customers from initial concept through production
deployment.
We would like to thank all of our customers, partners and
advisors who have supported us over the past two years. We’re thrilled to begin this next chapter of
our journey and look forward to continuing providing innovative solutions for
companies looking to transform streaming data into business value.
Sincerely,
Andy Bartley
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