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Collibra Expands Its Governance Capabilities with Deasy Labs Acquisition

In a significant move towards enhancing its data solutions, Collibra, a leader in unified governance for data and AI, has recently announced the acquisition of Deasy Labs. Specializing in the automation of unstructured data discovery and enrichment, Deasy Labs is set to enrich Collibra's offerings significantly. This acquisition marks a pivotal step in making Collibra the first platform to deliver unified governance for both structured and unstructured data, crucial for enterprises aiming to enhance their AI initiatives.

Deasy Labs has created a pioneering technology that automates the transformation of unstructured data—comprising files like PDFs, transcripts, contracts, and emails—into structured and meaningful data assets. By harnessing advanced taxonomies, Collibra customers can now efficiently classify, filter, and enrich unstructured files with minimal manual effort. This automated process is expected to elevate the accuracy of Generative AI responses and improve compliance across diverse data sets.

Felix Van de Maele, Collibra's founder and CEO, underscored the acquisition's significance, stating, "As organizations increasingly embrace AI, uncovering the value encapsulated in unstructured data becomes essential." The term 'dark data' refers to the vast amounts of unstructured information that remain relatively untapped; Deasy Labs aims to illuminate this space by automatically creating meaningful context and metadata integral to data-driven applications.

Founded in 2023 by a group of seasoned AI experts from McKinsey & Company and guided through the Y Combinator program, Deasy Labs has established a solid reputation within the financial services and healthcare sectors. Its automated enrichment capabilities eliminate the traditional reliance on extensive AI pipelines or manual labeling processes. Consequently, businesses can expedite their quest for insights while also reducing operational expenses.

Reece Griffiths, co-founder of Deasy Labs, shared his enthusiasm for the partnership, saying, "By integrating with Collibra, we will empower organizations to efficiently manage the enormous influx of unstructured content generated daily. Together, we can realize our mission on a larger scale, embedding profound semantic enrichment into a platform relied upon by leading data teams across the globe."

Integration into the Collibra Platform

As part of the acquisition, Deasy Labs' capabilities will be seamlessly integrated into the Collibra Platform over the forthcoming months. This integration will allow customers to exploit new features, including:

• - Smart Discovery: This feature will enable rapid scanning of file repositories to identify relevant content using advanced semantic tagging. With this, organizations can deliver AI-related use cases more efficiently.
• - Automated Semantic Layer: Manual tagging processes will give way to automated enrichment workflows, simplifying the structuring of unstructured data and the generation of business-relevant metadata.
• - High-Accuracy Enterprise AI Search: By enriching unstructured content with contextual metadata, this feature will enhance the efficiency of enterprise knowledge management and AI tools, even when dealing with large volumes of data.

This unified governance approach will permit Collibra customers to oversee the entire lifecycle of AI use cases, from initial data discovery and enrichment to regulatory compliance and data lineage tracking, across both structured and unstructured data.

Industry experts have voiced their support for this strategic development. Sanjeev Mohan, Principal at SanjMo and a former Gartner Analyst, stated, "Unified governance that incorporates both structured and unstructured data into reliable, governed assets is increasingly crucial. Automation driven by metadata is instrumental in revealing the hidden value nestled within documents and transcripts, thereby providing much-needed visibility and control over these less governed areas of data."

To further explore the developments stemming from this merger, check the Collibra and Deasy Labs blogs.

About Collibra

Collibra is dedicated to helping organizations expedite their data and AI initiatives with minimized risk. Their powerful, unified platform ensures flexible governance, maintaining consistent quality alongside automated visibility, control, and traceability for numerous brands worldwide. By consolidating governance for data and AI, Collibra ensures that users can confidently trust, comply, and leverage their data effectively. To learn more, visit collibra.com and connect with us on LinkedIn, X, Facebook, and Instagram.