Latest news with #IntelligentDataManagementCloud
Yahoo
3 days ago
- Business
- Yahoo
Why Salesforce Is Paying $8 Billion for 'the Plumbing of AI'
Salesforce (NYSE:CRM) announced Tuesday that it will acquire Informatica (NYSE:INFA) in a cash deal valued at approximately $8 billion. The acquisition underscores Salesforce's intent to bolster its artificial intelligence capabilities by integrating a core player in enterprise data management. Under the terms of the deal, holders of Informatica's Class A and Class B-1 common stock will receive $25 per share — an 11% premium over the company's closing price of $22.55 on Friday, TechCrunch reported. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest where it hurts — and help millions heal:. Informatica CEO Amit Walia framed the acquisition as a shared effort to bring data and AI to life, describing Informatica in a statement as the plumbing for AI and data. Informatica's Intelligent Data Management Cloud platform helps enterprises connect, manage, and unify complex data systems across multi-cloud and hybrid environments. "Joining forces with Salesforce represents a significant leap forward in our journey," Walia said in a statement on Tuesday. "We have a shared vision for how we can help organizations harness the full value of their data in the AI era." Steve Fisher, Salesforce's chief technology officer, said that the truly autonomous, trustworthy AI agents need the most comprehensive understanding of their data, adding that Informatica's metadata and catalog tools will complement Salesforce's agentic AI platform, Agentforce. Trending: The acquisition builds on Salesforce's previous investments in data and AI. It follows the company's multibillion-dollar acquisitions of Slack at $27.7 billion in 2021, Tableau at $15.7 billion in 2019, and MuleSoft at $6.5 billion in 2018. According to Salesforce CEO Marc Benioff, Informatica will be integrated alongside Data Cloud, Tableau, and MuleSoft to enable autonomous agents to deliver smarter, safer, and more scalable outcomes for every company. Salesforce's operating and financial chief Robin Washington said the company will move quickly to leverage Informatica's capabilities across public sector, life sciences, healthcare, and financial services verticals, where governed, trustworthy data is critical. The deal is expected to close in early fiscal 2027, pending regulatory approvals and other customary closing was taken private in 2015 through a $5.3 billion deal led by private-equity firm Permira and the Canada Pension Plan Investment Board. Informatica says it serves more than 5,000 customers across nearly 100 countries, including over 80 of the Fortune 100, according to its acquisition announcement. The transaction will be financed through a combination of Salesforce's cash and new debt, the company said in the announcement. Read Next: How do billionaires pay less in income tax than you?. Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? SALESFORCE (CRM): Free Stock Analysis Report INFORMATICA (INFA): Free Stock Analysis Report This article Why Salesforce Is Paying $8 Billion for 'the Plumbing of AI' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Techday NZ
22-05-2025
- Business
- Techday NZ
Exclusive: Informatica launches AI agents to transform data management
Informatica has launched a bold new chapter in enterprise data management, introducing autonomous AI Agent Engineering that promises to redefine how businesses build, connect and manage intelligent AI workflows. Announced during this year's Informatica World event, the centrepiece of the launch is CLAIRE Agents – a suite of autonomous digital assistants designed to automate and optimise the full spectrum of data management tasks goals. Accompanying this is AI Agent Engineering, a new service within Informatica's Intelligent Data Management Cloud platform, that empowers organisations to build, connect and manage intelligent multi-agent AI systems and compose business applications quickly, securely and at scale. CLAIRE Agents represent what Informatica describes as "the next evolution in autonomous data management." Unlike traditional automation tools that perform static, rule-based tasks, these agents can reason and make decisions dynamically, based on enterprise-wide data. Gaurav Pathak, Vice President of Product Management, AI and Metadata used the metaphor of autonomous driving to explain the shift, during a recent interview with TechDay. "Traditional automation is like cruise control – it keeps things going at a steady pace. Agents, on the other hand, are like a self-driving car," he said. "They plan, adapt to changing conditions and navigate complex environments based on goals, not just tasks." CLAIRE Agents include specialised assistants such as the Data Quality Agent, Data Lineage Agent and ELT Agent, which are capable of monitoring, remediating and optimising data across complex hybrid ecosystems. These features are powered by Informatica's Intelligent Data Management Cloud's metadata system of intelligence, a context-rich engine that combines human-curated and AI-generated metadata to ground the agents in the specific needs of each organisation. "Without metadata, agents are flying blind," Pathak explained. "It's the map of the world for our AI – it grounds them in the unique semantics and structures of an organisation's data landscape." The company also unveiled AI Agent Engineering, a platform designed to let customers build and connect their own agents across cloud and on-premises environments. This service aims to address growing enterprise demand to create domain-specific AI tools that can work collaboratively and access trusted data across systems. Sumeet Kumar Agrawal, VP of Product Management, who leads the new service, added that many customers are now looking to evolve from static business processes to agentic solutions that adapt and scale. "We're seeing a proliferation of agents – every app vendor has their own agents, for example, Salesforce has its own, SAP has its own, etc. – but what's missing is the connective tissue," he explained. "AI Agent Engineering provides the framework to build, connect and manage these agents holistically, so they can solve real end-to-end business problems." Agrawal added that data is the backbone of this vision. "The reasoning of any agent is only as good as the data it has access to. We provide a clean, trusted data foundation so agents can act with confidence," he said. Both executives stressed the importance of no-code interfaces in democratising AI adoption across technical and non-technical teams. "Writing code is just 20% of the job – maintaining it, securing it and ensuring performance is the real challenge," said Pathak. "No-code makes AI explainable and manageable for everyone." CLAIRE Copilot, which enables users to generate complex data pipelines using natural language, is now generally available. First launched in preview earlier this year, it acts as a pair programmer for data engineers and complements the agentic approach by giving users interactive control over tasks while agents handle broader goals autonomously. Informatica's latest strategy also includes broad ecosystem integration, with support for leading cloud and AI platforms including AWS, Azure, Google Cloud, Snowflake and Databricks. This flexibility, the company says, ensures enterprises can use their preferred AI models while maintaining control over data security and compliance. Security remains a key concern for enterprises experimenting with generative AI. Informatica says its metadata system enforces access controls and data governance rules at every step. "Agents only access data a user is permitted to see, and we've put strict guardrails in place – for example, they can't issue delete commands," said Pathak. Agrawal added: "Every agent deployment comes with built-in security policies – rate limiting, IP restrictions, authentication protocols – everything an enterprise needs to operate safely." The announcement has already drawn attention from key Informatica clients. Desigan Reddi, VP IT and Operations at Wescom Financial, described the agent engineering service as "a game-changer". "It enables us to build and orchestrate intelligent workflows securely and at scale – without the need for complex coding," he said. "This no-code, metadata-aware approach aligns perfectly with our vision of making advanced AI accessible and actionable." As to what the future holds, Informatica's vision is for CLAIRE to become the "front end of data" across the enterprise. "We want users to simply tell CLAIRE what they want – a report, a pipeline, a governance task – and have the agents take care of the rest," said Pathak. Asked whether there's such a thing as too many AI agents, Pathak said, "It's not the number that matters – it's whether they're connected and working together to solve the problem."
Business Wire
14-05-2025
- Business
- Business Wire
Informatica Announces Availability of MDM SaaS on Oracle Cloud Infrastructure as a Preferred Partner
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Informatica (NYSE: INFA), an AI-powered enterprise cloud data management leader and Oracle partner, today announced the upcoming availability of its Master Data Management (MDM) service and Intelligent Data Management Cloud™ platform service on Oracle Cloud Infrastructure (OCI), enabling customers to use Informatica MDM natively in their OCI environment. Additionally, Informatica has been designated as a preferred partner for enterprise cloud data integration, data governance and master data management (MDM) for data warehouse and lakehouse solutions on OCI. The announcements were made today at Informatica World in Las Vegas. Availability of Informatica MDM SaaS on Oracle Cloud Infrastructure enables customers to use Informatica MDM natively in their OCI environment. Share Informatica's MDM service helps unify data across the enterprise for an accurate, high-quality, contextual 360-degree view of critical business data to enable analytics and AI-powered insights. The availability of Informatica MDM SaaS on OCI enables companies to create a single, unified view of their business data, ensuring data consistency, accuracy and completeness. This trusted data foundation can help improve decision-making, streamline business processes and enhance customer experiences. This release will further enable Oracle Cloud Infrastructure customers to leverage the full range of Informatica's Intelligent Data Management Cloud services natively on OCI, allowing them to purchase MDM and other Informatica applications through Oracle Cloud Marketplace using their OCI credits. This collaboration will help provide more accurate, trusted data for GenAI and agentic AI applications, as well as a myriad of use cases across industries, such as customer experience optimization and predictive marketing recommendations, improved supplier and vendor management, better support for patient outcomes in the healthcare and life sciences sectors and improved client lifecycle management in the financial services sector. 'Deloitte's long-standing collaboration with Informatica and Oracle will enable our joint clients to harness and extract value from the data that lives in Oracle Cloud Infrastructure,' said Pavel Krumkachev, principal, Deloitte Consulting LLP. 'With Informatica's MDM service on OCI, our clients can create a strong, trusted data foundation as they look to build and deploy GenAI and agentic AI applications that enable better AI-driven decision-making and innovative new use cases.' 'Oracle is pleased to see this partnership with Informatica continue to grow and expand,' said Hasan Rizvi, Executive Vice President, Database Engineering at Oracle. 'By introducing Informatica MDM SaaS natively on OCI, our joint customers will be able to access a single source of truth across any domain and leverage that data for their most business-critical and transformational use cases, including agentic AI applications.' Key Customer Benefits of Native Availability of MDM on OCI Include: Ability to create golden records for multiple data sources, providing a single, authoritative source of truth for all critical data entities. Allows a multidomain MDM approach to managing and maintaining critical data entities across multiple domains in the organization, such as customers, products, suppliers, locations and more. This helps reduce data silos providing a holistic view of enterprise data, improves data quality by enabling consistency, and provides a strong framework for data governance—ultimately making it easier to comply with data privacy regulations. Provides a streamlined solution for customers using Oracle Cloud offerings including Oracle Autonomous Database. MDM on OCI will also be available on Oracle Cloud Marketplace, making it simple for Oracle customers to obtain. Informatica has developed connectors for streamlined use of its cloud platform with Oracle Autonomous Database, Oracle Object Storage, making data from these Oracle sources available to be accessed, shared and mastered quickly, improving use of the data for decision-making and innovation. 'We're honored to receive the preferred partner designation from Oracle for MDM, which demonstrates our leadership in the MDM space and underscores our commitment to bringing joint value to our enterprise customers,' said Manouj Tahiliani, Senior Vice President at Informatica. 'We are excited to announce the upcoming availability of Informatica MDM on OCI, making it easier for joint Informatica and Oracle customers to leverage high-fidelity master data for decision making and AI-powered innovation.' Availability MDM on Informatica's Intelligent Data Management Cloud for Oracle Cloud Infrastructure will be available in October 2025. For more details, visit About Informatica Informatica (NYSE: INFA), a leader in AI-powered enterprise cloud data management, helps businesses unlock the full value of their data and AI. As data grows in complexity and volume, only Informatica's Intelligent Data Management Cloud™ delivers a complete, end-to-end platform with a suite of industry-leading, integrated solutions to connect, manage and unify data across any cloud, hybrid or multi-cloud environment. Powered by CLAIRE® AI, Informatica's platform integrates natively with all major cloud providers, data warehouses and analytics tools—giving organizations the freedom of choice, avoiding vendor lock-in and delivering better ROI by enabling access governed data, simplify operations and scale with confidence. Trusted by 5,000+ customers in nearly 100 countries—including over 80 of the Fortune 100—Informatica is the backbone of platform-agnostic, cloud data-driven transformation. Informatica. Where data and AI come to life.™ About Oracle's Partner Program Oracle's partner program helps Oracle and its partners drive joint customer success and business momentum. The newly enhanced program provides partners with choice and flexibility, offering several program pathways and a robust range of foundational benefits spanning training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit Trademark Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.
Yahoo
14-05-2025
- Business
- Yahoo
Mastech Digital strengthens strategic partnership with Informatica
Mastech Digital announced an expanded strategic partnership with Informatica (INFA) to deliver industry- and process-level AI-led solutions for clients worldwide. This collaboration leverages Mastech's deep expertise in data modernization and Informatica's advanced data and AI capabilities to unlock new value for enterprises navigating digital transformation. As an Informatica implementation partner, Mastech has been at the forefront of implementing Informatica-based data modernization and data integration solutions for Fortune 1000 clients across industries. Building on this legacy, the company is evolving into a Data and AI-first technology partner, committed to delivering integrated, high-value data, AI, and IT Transformation solutions. Informatica's Intelligent Data Management Cloud platform, powered by the CLAIRE AI engine and GenAI capabilities like CLAIRE GPT, provides a great opportunity for enterprise-scale end-to-end data integration, governance, and analytics. Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on MHH: Disclaimer & DisclosureReport an Issue Mastech (MHH) Q1 Earnings Cheat Sheet Mastech Holdings CFO Jack Cronin to step down, Kannan Sugantharaman succeeds Mastech Holdings Appoints New CFO Amid Leadership Changes
Yahoo
14-05-2025
- Business
- Yahoo
Informatica Expands Partnership with Databricks to Help Customers Migrate to a Modern, AI-Powered Cloud Data Management Platform
Partnership enables customers to modernize their on-premises data lakes by combining the power of Informatica's Intelligent Data Management Cloud platform with the Databricks Data Intelligence Platform to provide a complete data foundation for their future analytics and AI workloads REDWOOD CITY, Calif., May 14, 2025--(BUSINESS WIRE)--Informatica (NYSE: INFA), an AI-powered enterprise cloud data management leader, today announced an expanded partnership with Databricks, the data and AI company, that enables customers to modernize their on-premises, Hadoop-based data lakes with a powerful combination of Informatica's Intelligent Data Management Cloud™ platform and the Databricks Data Intelligence Platform, providing a solid foundation for analytics and AI workloads. The announcement was made today at Informatica World in Las Vegas. Informatica also announced its CLAIRE Modernization Agent, a first-of-its-kind AI Agent to automate the migration of on-premises Data Engineering workloads to Informatica's Cloud Data Management platform. This is a key milestone that enables Informatica Big Data Engineering and Data Engineering and Integration customers to seamlessly transition from expensive and complex Hadoop-based data lakes and modernize to Informatica's platform and the Databricks Data Intelligence Platform. Adam Conway, Senior Vice President of Products at Databricks, said, "Enterprises today are looking to build data intelligence — AI that reasons on their data. But with such vast amounts of data, managing and migrating it efficiently is a growing challenge. Our continued partnership with Informatica brings the power of GenAI agents to streamline migrations, boost data productivity and drive faster business results." Key Benefits of the Informatica CLAIRE Modernization Agent Include: AI-powered, self-service automation to assess and convert Data Integration Engineering workloads to the Informatica Intelligent Data Management Cloud platform, eliminating risky manual migrations. The Informatica Intelligent Data Management Cloud platform provides deep and native cloud ecosystem integration, including support for new integration patterns, new file/open table formats, data types and transformations. Repointing of workloads from Hadoop-based compute and data lakes to modern cloud-based compute and data platforms. Maximum reuse of existing workloads and business logic provides faster time-to-value. Cloud-managed security/patch updates lower operational costs. "We're excited to partner with Databricks for the launch of our CLAIRE Modernization Agent and program as we continue to expand our automated tools to help our customers modernize to the cloud," said Krish Vitaldevara, EVP, Chief Product Officer at Informatica. "The data lake workloads targeted are some of the largest, most complex Hadoop-based data lakes out there. This is another example of how the Informatica Intelligent Data Management Cloud platform is helping customers move to the cloud, and we are pleased to align with Databricks on this initiative." Availability The CLAIRE Modernization Agent and modernization program is currently expected to be available in the fall of 2025. For more information, visit About Informatica Informatica (NYSE: INFA), a leader in AI-powered enterprise cloud data management, helps businesses unlock the full value of their data and AI. As data grows in complexity and volume, only Informatica's Intelligent Data Management Cloud™ delivers a complete, end-to-end platform with a suite of industry-leading, integrated solutions to connect, manage and unify data across any cloud, hybrid or multi-cloud environment. Powered by CLAIRE® AI, Informatica's platform integrates natively with all major cloud providers, data warehouses and analytics tools— giving organizations the freedom of choice, avoiding vendor lock-in and delivering better ROI by enabling access governed data, simplify operations and scale with confidence. Trusted by 5,000+ customers in nearly 100 countries—including over 80 of the Fortune 100—Informatica is the backbone of platform-agnostic, cloud data-driven transformation. Informatica. Where data and AI come to life.™ View source version on Contacts Media Contact Informatica Public Relationspr@ Sign in to access your portfolio
