SAP to acquire data lakehouse vendor Dremio
SAP on Monday announced plans to acquire Dremio, which bills itself as an agentic lakehouse company, for an unspecified price. The move is complicated by similar offerings from existing SAP partners Snowflake and Databricks, but analysts point to key differences with Dremio, especially in its ability to work with data while it sits in the enterprise’s environment, rather than having to live externally. One of SAP’s justifications for the acquisition is that it will theoretically make it easier for IT executives to combine SAP data with non-SAP data. But its strongest rationale involves Dremio’s ability to make complex data more AI-friendly, so that it can more quickly and cost-effectively be made usable. “Most enterprise AI projects fail to deliver value not because of the AI itself, but because the underlying data is fragmented, locked in proprietary formats and stripped of the business context that makes it meaningful,” the SAP announcement said. “The result is a familiar and costly