Salesforce Takes Over PredictionIO To Strengthen Its Machine Learning Muscle

20 February, 2016, USA: In order to enhance its technology in machine learning and big data analytics, Slaesforce took a step forward and acquired PredictionIO. Company’s latest acquisition PredicitionIO is a startup which is based out of Palo Alto and had developed an open source-base machine learning server. Salesforce plans to use some of the technology to build out Salesforce’s own machine learning capabilities as part of SalesforceIQ, both in-house as well as in products for Salesforce customers, the startup’s CEO and co-founder Simon Chan said in a blog post announcing the acquisition. But the company will also continue to serve third-party developers, he added. The Slaesforce spokesperson has confirmed the news of acquisition by stating, “Salesforce has signed a definitive agreement to acquire PredictionIO, but don’t have anything to…


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