SAP to acquire Reltio for AI data readiness

SAP SE has announced its agreement to acquire Reltio Inc., a prominent master data management (MDM) software provider. This acquisition aims to make both SAP and non-SAP data AI-ready, enhancing SAP's capabilities in data management and artificial intelligence. The integration of Reltio's technology is expected to provide customers with improved data quality and accessibility, crucial for AI-driven insights and operations. This strategic move underscores SAP's commitment to advancing its data and AI offerings.