BOSTON— Cambridge Semantics, a Boston-based provider of connected data access and analytics solutions, announced that Jit Saxena, founder and former CEO of Netezza, has joined its board of directors, bringing over 35 years of industry and entrepreneurial experience.
Saxena is an internationally-recognized business leader who founded Netezza in 2000, a provider of data warehouse appliances and analytics applications, and served as CEO until 2009. In 2010, he served as chairman of Netezza’s board of directors and led the initial public offering and acquisition by IBM for $1.78 billion.
He joins Cambridge Semantics after its recent launch of Anzo Smart Data Lake 4.0, its flagship platform product that builds a semantic layer at scale on all enterprise data, creating a data fabric that empowers users to extract powerful insights at record speed.
“We are very pleased to add Jit to our board of directors,” said Charles Pieper, CEO and chairman of the board. “His extensive experience as a successful entrepreneur and investor in the technology space will help guide our efforts as we expand our efforts to deliver market-leading graph technology based solutions to additional markets.”
“I’m delighted to join the Cambridge Semantics board of directors at such an exciting time for the company,” said Saxena. “The company’s innovative graph technology is the future of connected data analytics, enabling a highly intuitive way to understand all enterprise data and extract business value very quickly.”
Prior to Netezza, Saxena also founded a computer and CRM software company named Applix Inc. in 1983 that was later acquired by Cognos and IBM. Saxena earned a master’s degree in electrical engineering from Michigan State University, an MBA from Boston University and a B. Tech in electrical engineering from the Indian Institute of Technology in Mumbai. He also serves as a board member for Actifio, Evergage, Data Robot, ClearSky Data and Mautic.
Cambridge Semantics Inc. is a big data management and enterprise analytics software company that offers a universal semantic layer to connect and bring meaning to all enterprise data. Its software, the Anzo Smart Data Lake®, allows IT departments and their business users to semantically link, analyze and manage diverse data whether internal or external, structured or unstructured, with speed, at big data scale and at the fraction of the implementation costs of using traditional approaches.