To Our Valued Partners,
On behalf of the Informatica team, we would like to reiterate our commitment to your success as we transition from a publicly traded company to one privately held by the Permira funds and Canada Pension Plan Investment Board (CPPIB). Informatica’s mission remains the same: to help you power the data-ready enterprise by delivering leading technologies in “all things data.”
As a private company, Informatica will gain greater flexibility to better balance short-term quarterly considerations with long-term multi-year priorities. At this pivotal stage, we believe this flexibility will allow Informatica to help you benefit more from the technology and economic changes happening in the industry.
Our industry is transforming from the old world of transaction-centric computing to the new world of interaction-centric computing, while customer preferences are evolving from pay-to-deploy pricing to pay-for-use pricing. As a private company, Informatica is taking steps to create even more value for you by delivering transformative innovation and by evolving our business model.
Our industry is transforming from the old world of transaction-centric computing to the new world of interaction-centric computing with the growing adoption of four megatrends: cloud computing, social media, big data and pervasive mobile computing. To help you stay ahead, we will further focus on our transformative innovation roadmap:
Customer preferences are changing from pay-to-deploy capital expenditures to pay-for-use operating expenses, particularly related to newer technologies such as big data and cloud integration. To meet these preferences, we will expand our subscription offerings including Informatica Cloud, Informatica Data-as-a-Service, PowerCenter Big Data Edition, Informatica Rev and Secure@Source. In fact, over the past five years, the contribution from our subscription products has quadrupled to almost 20% of total new software revenue. We will continue to grow our traditional license products while growing our new subscription offerings faster to meet customers’ preferences.
We take great pride in the fact that our customers ranked Informatica as #1 in customer loyalty ratings for nine consecutive years according to an independent third party. Living our customer-first culture, we remain dedicated to continuing that track record of customer loyalty.
As the largest independent leader in data integration, we are better prepared than ever to deliver value to our customers, partners and employees. Our top priorities remain the same:
It is indeed our privilege to work with each of you to power the data-ready enterprise and to help ensure your success.
Acting Chief Executive Officer, Informatica