SAP agreed to acquire Dremio, an open data lakehouse platform, to expand its Business Data Cloud’s ability to combine SAP and non-SAP data and run analytical and AI workloads in real time, the company said Monday. Financial terms were not disclosed. The transaction remains subject to regulatory approval and is expected to close in the third quarter of 2026.
With the acquisition, SAP Business Data Cloud will become an Apache Iceberg-native enterprise lakehouse, eliminating the need to move or convert data between formats, SAP said. SAP and non-SAP data will coexist on a shared open foundation, with federated analytical reach across enterprise data sources combined with SAP HANA Cloud’s in-memory engine for real-time transactions.
SAP said it will also deliver a universal, open catalog built on Apache Polaris and the open Apache Iceberg REST Catalog API. That catalog will serve as the discovery and semantic layer of SAP Business Data Cloud, giving connected engines a single point of access to unified business context including data lineage, access rights, and organizational relationships. It will form the foundation of the SAP Knowledge Graph.
SAP noted that Dremio’s platform operates on a serverless, elastic architecture that expands capacity in response to demand and contracts again once workloads ease. The company described this as improving the economics of enterprise analytics by removing fixed capacity requirements.
“Enterprise AI doesn’t stall because the models aren’t good enough; it stalls because the data isn’t ready for AI agents,” SAP CTO Philipp Herzig said in a statement. “Dremio eliminates that bottleneck. Combined with SAP Business Data Cloud, we can now take customers from raw, fragmented data to governed, AI-ready intelligence on a single open platform.”
SAP said it is committed to continuing investment in the open-source projects at the core of Dremio’s platform, including Apache Iceberg, Apache Polaris, and Apache Arrow. Dremio counts Shell, TD Bank, and Michelin among its customers.
The Dremio announcement came alongside a separate SAP deal. Per RTTNews, the Prior Labs deal includes a commitment from SAP to direct more than €1 billion over a four-year period toward building it into a leading frontier AI research lab. That transaction is expected to close in the second or third quarter of 2026, also pending regulatory approval.
