Informatica Corporation (NASDAQ:INFA), the world’s number one independent provider of data integration software, today announced that Informatica World 2012, the company’s twelfth user conference, attracted the largest ever audience of customers and partners to hear and experience the world of ‘big data’. With an increase in attendance of 35 percent, the participants were most interested in hearing about big data – how to use it, how to manage it and most of all how to gain a business advantage from it. Over 33 percent of the breakout sessions focused on big data.
Chairman and chief executive officer, Sohaib Abbasi, delivered a keynote address that showcased the potential of big data to deliver compelling business value and open up new possibilities. The main news at the conference was the latest release of the Informatica Platform, Informatica 9.5, engineered expressly to maximize organizations’ return on big data. Additionally, at the conference, Informatica announced:
While in Las Vegas Informatica employees and conference attendees also took time to work with the Clark County School District’s Title 1 HOPE (Homeless Outreach Program for Education) program. Title 1 HOPE’s main focus is to identify and enroll homeless students in school and to facilitate support services to meet their physical, emotional and social needs.
Big Data Will Be The Tipping Point
Big data is being driven by three secular technology trends that are reshaping IT – cloud computing, social computing and mobile computing. These trends are redefining the “where,” “what” and “how” of the computer industry as businesses shift from on-premise to cloud applications, from transaction processing to “interaction processing” and from desktop computers to mobile devices. The challenge of big data to enterprises is to embrace these new trends and drive competitive advantage.
With the changing of the economics of computing, cloud computing is creating the next wave of data fragmentation with an increasing amount of transaction data captured by cloud service providers. By enabling the next generation of data-centric applications, social computing is unleashing unprecedented volumes of interaction data. And by empowering users with context-aware and location-based services, mobile computing is driving a new surge in device and sensor interaction data.
The result is explosive growth in big data, represented in today’s larger volumes, broader variety and higher velocity data. The business opportunities around big data are significant, ranging from enhanced business intelligence and sentiment analysis, to proactive customer engagement. But the risks and costs are equally enormous if big data is not managed properly.
The latest release of the Informatica Platform, Informatica 9.5, furthers Informatica’s position at the forefront of maximizing return on big data. With Informatica 9.5, organizations now have a comprehensive set of innovative capabilities addressing all aspects of big data:
“The nexus of IT megatrends is transforming the IT industry, elevating the strategic role of data integration and opening up new opportunities for organizations,” said Sohaib Abbasi, chairman and chief executive officer, Informatica. “The IT megatrend of big data has been billed as the next frontier for innovation, competition and productivity. The promise of big data for enterprises is to help pursue the top opportunities and address the top challenges. The Informatica value proposition is to help our customers realize the promise of big data by maximizing the return on data.”
Informatica 9.5 will be available in June.
Informatica Corporation (NASDAQ: INFA) is the world's number one independent provider of data integration software. Organizations around the world rely on Informatica for maximizing return on data to drive their top business imperatives. Worldwide, nearly 5,000 enterprises depend on Informatica to fully leverage their information assets residing on-premise, in the Cloud and across social networks. For more information, call +1 650-385-5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com. Connect with Informatica at http://www.facebook.com/InformaticaCorporation, http://www.linkedin.com/company/informatica and http://twitter.com/InformaticaCorp.
Note: Informatica, Informatica Platform, Informatica 9.5, Informatica Data Explorer and PowerCenter are trademarks or registered trademarks of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.
This press release contains forward-looking statements that are based on assumptions regarding Informatica's product release. However, these statements are not guarantees of the availability, which may be delayed or cancelled. The development, release and timing of any Informatica product described in this document remain at the sole discretion of Informatica and should not be relied upon in making a purchasing decision. This document is provided for information purposes only. Statements made regarding product and packaging and future functionality are based on current available information, which is subject to change. Such statements should not be relied upon as a representation, warranty or commitment to deliver specific products or functionality in the future. Such statements involve risks and uncertainties, and actual results may differ materially from the results described in this press release. More information about potential risks and uncertainties that could affect Informatica's business and products are included under the caption "Risk Factors" in Informatica's report on Form 10-Q for the quarter ended March 31 2012, which are on file with the SEC and are available on the Company's investor relations website at http://www.informatica.com/. All information provided in this release is as of June 4, 2012 and Informatica undertakes no duty to update this information.