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ServiceNow acquires Data.World months after snatching up Moveworks

ServiceNow announced its second AI-related acquisition of 2023, acquiring Data.World, a cloud-native data catalog and governance platform, to enhance its enterprise workflow management capabilities.

MAIN POINTS
  1. ServiceNow has made its second AI-related acquisition this year.
  2. The acquisition involves Data.World, a cloud-native data catalog and governance platform.
  3. Data.World is based in Austin, Texas, and was founded in 2015.
  4. The company had previously raised over $130 million in venture financing.
TAKEAWAYS
  1. ServiceNow is actively expanding its AI capabilities through strategic acquisitions.
  2. Data.World's expertise in data cataloging and governance will strengthen ServiceNow's platform.
  3. The acquisition reflects ServiceNow's commitment to enhancing enterprise workflow management.
  4. Venture-backed Data.World's integration may provide ServiceNow with a competitive edge in data management.
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