REDWOOD CITY, Calif., Nov 11, 2021 — Informatica® (NYSE: INFA), an enterprise cloud data management leader, today announced the Cloud Data Marketplace, designed to intuitively increase data sharing, improve productivity and enable organizations to make more informed decisions. Data-driven decision making requires data to be in the hands of decision-makers – and the Cloud Data Marketplace makes that strategy a reality. The Cloud Data Marketplace empowers business users to shop for both data and AI models, ensuring that business users spend less time looking for data, and more time making better decisions with trusted data.
“AI and Analytics are supposed to drive innovation, but they can’t do so when they are starved of data. Data scientists and other data consumers are still spending the bulk of their time searching, sorting and cleaning data. It’s clear that the practices of the past won’t scale to the needs of the future,” said David Corrigan, General Manager, Data Governance, Quality and Privacy, Informatica. “Informatica’s Cloud Data Marketplace addresses this business need with a cloud-native solution, enabling organizations to meet their internal data consumers where they are, with a self-service model tailored to their needs and technical skill level to drive data-led decisions and continued innovation.”
"Businesses today are grappling with the challenge of finding and assuring the right data is being used by the right resources, and making right decisions that can be trusted,” said IDC Research Director Stewart Bond. “Data is the lifeblood of digital transformation and true digital transformation starts with the right people having access to the right data, at the right time, and assuring it is being used for the right reasons. As organizations are faced with fragmentation and complexity in modern data environments, a critical step towards data-driven success is to invest in technologies that can automate the collection and curation of intelligence about data, and serve it to users across the organization at all levels, to empower each in making intelligent and trusted decisions within the guardrails of regulatory compliance. Informatica’s cloud-native service tackles data fragmentation and complexity issues using automation, enabling companies to focus on innovation led by trusted data, rather than speculation.”
With Informatica’s Cloud Data Marketplace, customers benefit from intuitive, automated data curation and delivery at scale with a user-friendly “data shopping” interface. Informatica's Cloud Data Marketplace allows onboarding of curated data assets from any source, across multi-cloud and hybrid clouds, effectively addressing enterprise business needs no matter where they are on their data democratization journey. Key business benefits that the new Cloud Data Marketplace brings to Informatica customers include:
The Cloud Data Marketplace is available today via consumption-based pricing on the Intelligent Data Management CloudTM, the industry’s most comprehensive, modern and holistic enterprise cloud data management platform, designed to help businesses truly innovate with their data on any platform, any cloud, multi-cloud or multi-hybrid environment and for all users across the enterprise, beyond just IT.
About Informatica
Informatica (NYSE:INFA), an Enterprise Cloud Data Management leader, empowers businesses to realize the transformative power of data. We have pioneered a new category of software, the Informatica Intelligent Data Management CloudTM
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The information provided herein is subject to change without notice. In addition, the development, release and timing of any product or functionality described today remain at the sole discretion of Informatica and should not be relied upon in making a purchasing decision, nor as a representation, warranty, or commitment to deliver specific products or functionality in the future.
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Informatica Public Relations
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